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 117 m², built in 1979, energy rating F. Located Marmelete parish, Monchique municipality, Faro district. Unique Location: Nestled within an ancient oak forest, the property boasts a vast 3,000 m² land with mature fruit orchards and exceptional potential for a food forest. Additional Features: The spacious attic has its own entrance and terrace, allowing for flexible conversion into a rental unit or workspace.
The valuation. The asking price of €385,000 is €37,743 or 8.9% below the fair value of €422,743, indicating the property is fairly priced for its market potential.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Marmelete · 76b520 | Subject | €385,000 | €3,291 | — | — | 68 |
| Marmelete · 6d52dd | Active | €365,000 | €3,925 | 19.3% | 68 | 64 |
| Marmelete · 90d980 | Active | €365,000 | €3,925 | 19.3% | — | 70 |
| autoestrada N267, 1 | Active | €329,000 | €3,576 | 8.7% | 60 | 70 |
| rua Nova S / N | Active | €330,000 | €3,626 | 10.2% | 45 | 64 |
| Median comp | €347,500 | €3,776 | 14.7% | 60 | 67 |
Short-term vacation rental Given the property's lack of condition and a gross yield of 0%, investing in it as a short-term vacation rental seems unfeasible in the current market. While the region near the Algarve coast attracts tourists, the listing price remains aligned with fair market valuation at €385,000. Long-term rental With a fair value of €422,743, the property at €385,000 is just slightly below its market valuation, reflecting stability rather than an opportunity for high rental yields. Given the neighbourhood's decent quality rating of 68/100, it may appeal to long-term tenants but is unlikely to generate meaningful profit. Buy-and-hold Although the growth potential is limited due to the current market valuation, it could serve as a hold in a wider portfolio strategy, especially if market conditions improve. The surrounding area's reliance on tourism and overall decent ratings imply that the value could stabilize over time, yet the current status remains fair rather than indicative of a robust investment.
Economic Vulnerability With an economic stability score of 60/100, there is a heightened risk of economic downturns affecting property values and tenant demand.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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