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.
6-bedroom, 3-bathroom house of 334 m². Located Alte parish, Loulé municipality, Faro district. Noteworthy Features: This property includes expansive rustic land of 13,000 m² with various fruit trees and unique access to natural water sources via a reservoir, borehole, and well.
The valuation. The asking price of €398,000 sits significantly below the fair value of €783,755, indicating the property is subvalorizada by €385,755, or 49.2%. This presents a remarkable opportunity for prospective buyers.
Fair value modelled at €783,755 from 6 comparable sales in the area. Asking €398,000 sits €385,755 (49.2%) below — the upside to fair value.
Asking €398,000 versus the Alte, Loulé, Faro area baseline of €750,077 (€2,246/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 39/100 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 €750,077, adjusted for condition and micro-location, gives a modelled fair value of €783,755 (€2,347/m²), a €385,755 (49.2%) gap versus the €398,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alte · 0c05d2 | Subject | €398,000 | €1,192 | — | 30 | 62 |
| Alte · 002315 | Active | €469,000 | €2,345 | 96.8% | — | 68 |
| via Algarviana | Active | €960,000 | €2,981 | 150.2% | 65 | 67 |
| Alte · 25f4b1 | Active | €229,000 | €1,046 | 12.2% | 48 | 63 |
| Alte · 4d4632 | Active | €650,000 | €2,347 | 96.9% | — | 65 |
| Median comp | €559,500 | €2,346 | 96.9% | 57 | 66 |
Short-term vacation rental The property, located in the Algarve region, presents a unique opportunity for short-term vacation rentals given its proximity to popular tourist spots. Given its strong fair value of €783,755 and a current listing price of €398,000, the gap signifies a compelling potential for significant rental income in this tourism-focused area. Buy-and-hold This property represents a strong buy-and-hold investment, with a substantial difference between the listing price and fair value indicating significant appreciation potential over time. The listed price of €398,000 could provide investors a robust entry point in an appealing location that is likely to increase in value as the real estate market evolves. Long-term rental While currently at a yield of 0%, the property's significant gap to fair value of €783,755 suggests the potential for price appreciation to enhance long-term rental prospects. The locality in Alte, Loulé, benefits from a balanced neighborhood score, making it a viable option for steady long-term rental income as the area continues to develop.
Potential for Increased Vacancy The economic stability score of 55/100 and tenant stability score of 60/100 suggest a potential for increased vacancy rates due to unstable economic conditions and tenant turnover risks.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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