This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
3-bedroom, 2-bathroom country_house of 337 m², energy rating E. Located Moncarapacho e Fuseta parish, Olhão municipality, Faro district. Noteworthy Features: The property includes a diverse orchard with over 200 fruit trees, enhancing its landscape value and potential for agritourism ventures.
The valuation. The asking price of €590,000 is significantly above its fair value of €379,125, representing an overpriced situation by €210,875 (55.6%). This indicates that potential investors may face challenges recouping their investment. Buy-to-flip angle. The property could be targeted for a resale/wholesale strategy, capitalizing on the seasonal tourist demand in the Algarve region, yet the current condition with a score of 38/100 limits profitability. Buy-to-let angle. As a rental investment, the property currently shows a gross yield of 0%, primarily due to its condition and dated finishes that detract from attracting stable long-term tenants.
Fair value modelled at €379,125 from 5 comparable sales in the area. Asking €590,000 sits €210,875 (55.6%) above — overpriced versus fair value.
Asking €590,000 versus the Moncarapacho e Fuseta, Olhão, Faro area baseline of €398,858 (€1,184/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 38/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €398,858, adjusted for condition and micro-location, gives a modelled fair value of €379,125 (€1,125/m²), a €210,875 (55.6%) gap versus the €590,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Moncarapacho e Fuseta · cc99d6 | Subject | €590,000 | €1,751 | — | 34 | 64 |
| Moncarapacho e Fuseta · 144035 | Active | €400,000 | €2,326 | 32.8% | 45 | 61 |
| Moncarapacho e Fuseta · 38b6e4 | Active | €495,000 | €1,125 | 35.7% | 18 | 65 |
| Moncarapacho e Fuseta · 86ca68 | Active | €149,000 | €560 | 68.0% | — | 65 |
| Moncarapacho e Fuseta · 19088c | Active | €320,000 | €1,000 | 42.9% | — | 64 |
| Median comp | €360,000 | €1,063 | 39.3% | 32 | 65 |
Short-term vacation rental This property, with a fair value gap of 55.6%, is overpriced considering the current market conditions that indicate limited potential for profitable short-term rentals. Additionally, its gross yield of 0% and the poor condition rating of 38/100 further hinder its viability as a vacation rental investment. Buy-and-hold The property is not a sound buy-and-hold investment due to its significant price overvaluation, reflecting a 55.6% gap from fair value. Its condition rating of only 38/100 suggests that maintenance costs could outweigh long-term appreciation, further diminishing potential returns. Family rental As a family rental property, this listing is also deemed overpriced at €590,000, a stark contrast to the fair value of €379,125. The neighborhood score of 64/100 indicates moderate appeal, but the lack of yield and significant overvaluation limits its attractiveness for family tenants. Not ideal for The current pricing and low condition of the property make it unsuitable for student housing or luxury market segments. Moreover, it bears no potential for industrial investment due to its residential classification and location.
Tenant turnover risk High tenant turnover is a concern with a Tenant Stability score of 60/100, which may lead to increased vacancy rates and costs associated with tenant acquisition and property management.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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