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.
4-bedroom, 1-bathroom house of 266 m². Located on rua Ruínas Pode Construir, 2, Moncarapacho e Fuseta parish, Olhão municipality, Faro district. This property offers the potential for development into two T4 apartments with sea views from the first floor, situated in a gated community near key transport links.
The valuation. The asking price of €150,000 is significantly below the fair value of €465,697, representing a discount of €315,697 (67.8%). This property is underpriced, suggesting a compelling investment opportunity.
Fair value modelled at €465,697 from 6 comparable sales in the area. Asking €150,000 sits €315,697 (67.8%) below — the upside to fair value.
Asking €150,000 versus the rua Ruínas Pode Construir, 2 area baseline of €581,064 (€2,184/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 15/100 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 €581,064, adjusted for condition and micro-location, gives a modelled fair value of €465,697 (€1,751/m²), a €315,697 (67.8%) gap versus the €150,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Ruínas Pode Construir, 2 | Subject | €150,000 | €564 | — | — | 65 |
| Moncarapacho e Fuseta · 38b6e4 | Active | €495,000 | €1,125 | 99.5% | 18 | 65 |
| Moncarapacho e Fuseta · cfdc40 | Active | €150,000 | €938 | 66.3% | 12 | 62 |
| Moncarapacho e Fuseta · 4a467c | Active | €165,000 | €2,357 | 318.0% | — | 60 |
| Moncarapacho e Fuseta · 3896de | Active | €525,000 | €1,855 | 229.0% | 39 | 65 |
| Median comp | €330,000 | €1,490 | 164.2% | 18 | 64 |
Long-term rental The property in Moncarapacho e Fuseta presents a significant upside with a gap of 67.8% from its fair value, indicating strong potential for appreciation over time. While currently not yielding income due to condition, the area's safety and moderate neighborhood score improve its attractiveness to long-term tenants. Buy-and-hold Acquiring this property at the listed price allows for substantial value growth, as the fair value assessment suggests a significant discrepancy. This strategy aligns well with market dynamics in the Algarve, particularly given the tranquility and rural appeal of the location. Family rental With a solid layout and ample space, this property can cater well to family renters looking for a quiet community in a rural setting. Despite the zero gross yield at present, the potential for future appreciation makes it a viable option for families seeking stability and safety in their living situation.
Economic Vulnerability The economic stability score of 60/100 indicates potential risks in market fluctuations that could affect rental income and property value.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
