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 90 m². Located on rua de Monte Brito S / N, Alte parish, Loulé municipality, Faro district. This country house features original architectural elements from the early 1950s and a charming fireplace, enhancing its rustic character while providing modern comfort.
The valuation. The asking price of €240,000 is slightly above the fair value of €236,742, by €3,258, which represents a difference of 1.4%. Generally, the property can be considered fairly priced given the current market conditions.
Fair value modelled at €236,742 from 6 comparable sales in the area. Asking €240,000 sits €3,258 (1.4%) above — overpriced versus fair value.
Asking €240,000 versus the rua de Monte Brito S / N area baseline of €192,777 (€2,142/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 is above the parish average, lifting 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 €192,777, adjusted for condition and micro-location, gives a modelled fair value of €236,742 (€2,630/m²), a €3,258 (1.4%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Monte Brito S / N | Subject | €240,000 | €2,667 | — | 65 | 73 |
| rua dos Elois | Active | €320,000 | €2,667 | 0% | 59 | 70 |
| Alte · 19f43c | Active | €515,000 | €2,601 | 2.5% | 72 | 61 |
| Alte · 875019 | Active | €625,000 | €2,520 | 5.5% | 78 | 73 |
| Paderne · ba5859 | Active | €370,000 | €1,149 | 56.9% | 65 | 61 |
| Median comp | €442,500 | €2,561 | 4.0% | 69 | 66 |
Short-term vacation rental The property in Alte is ideally situated in a region known for tourism, making it a strong candidate for short-term vacation rental opportunities. However, with a fair value close to its listing price and a gross yield of 3.9%, the potential returns may not align with market expectations for more profitable investment properties. Long-term rental Offering a gross yield of 3.9% suggests a moderate return for long-term rental strategies in this market. While the property is fairly priced, the condition rating of 67/100 indicates some need for maintenance, which could impact long-term tenant satisfaction and retention. Buy-and-hold Investing in this property as a buy-and-hold strategy may offer stability in a seasonal tourism-driven market, though the modest 3.9% yield does not indicate strong capital growth potential. The fair valuation suggests that while the property might hold its value, it may not provide significant appreciation over time compared to other investment options. Not ideal for: Unfortunately, this property is not suited for student housing or the luxury market, which may limit its appeal to a wider audience and future resale opportunities.
Economic Vulnerability The economic stability score of 65/100 suggests potential vulnerability to downturns, which may affect rental income and occupancy rates.
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