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.
1-bedroom, 2-bathroom apartment of 61 m² on the 7th floor, built in 2000, energy rating B. Located on autoestrada N266, Monchique parish, Monchique municipality, Faro district. Noteworthy Features: The apartment boasts access to an infinity pool and spa, as well as comprehensive concierge services for an elevated lifestyle experience.
The valuation. The asking price of €197,500 is positioned slightly below the fair value of €217,857, indicating that the property is priced fairly at a modest discount of €20,357 (9.3%). Buy-to-flip angle. Given its condition of 82/100 and premium materials, a cosmetic renovation could enhance appeal, aiming for a resale that captures a profitable appreciation of value in the moderately stable Monchique market. Buy-to-let angle. The long-term rental strategy targets families seeking a tranquil lifestyle in a rural Algarve setting, leveraging the quality build to attract tenants despite the current gross yield of 0%, anticipating future appreciation in both rental income and property value.
Fair value modelled at €217,857 from 6 comparable sales in the area. Asking €197,500 sits €20,357 (9.3%) below — the upside to fair value.
Asking €197,500 versus the autoestrada N266 area baseline of €183,157 (€3,003/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €183,157, adjusted for condition and micro-location, gives a modelled fair value of €217,857 (€3,571/m²), a €20,357 (9.3%) gap versus the €197,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| autoestrada N266 | Subject | €197,500 | €3,238 | — | 88 | 61 |
| rua de São Sebastião | Active | €250,000 | €3,049 | 5.8% | 70 | 69 |
| rua Costa Goodolfim S / N | Active | €195,000 | €3,095 | 4.4% | — | 63 |
| rua da Fonte Velha, 36 | Active | €550,000 | €4,545 | 40.4% | 82 | 58 |
| Monchique · c17a17 | Active | €359,000 | €4,432 | 36.9% | 75 | 61 |
| Median comp | €304,500 | €3,764 | 16.2% | 75 | 62 |
Long-term rental The 1-bed apartment in Monchique presents a fair investment opportunity, as the current listing price aligns closely with its fair value, showing just a 9.3% gap. However, with a gross yield of 0%, the rental income potential appears limited in this rural setting. Buy-and-hold Holding this property may not yield significant cash flow gains due to the 0% gross yield, yet the proximity to Monchique's amenities and natural beauty could support long-term value stabilization. The fair valuation suggests that while the property is reasonable, it does not promise substantial appreciation in the near term. Family rental This property may appeal to families seeking a rural lifestyle in Monchique, with adequate conditions rated at 82/100. Unfortunately, the lack of yield indicates that the property might not be conducive to generating consistent rental income for families in the area, even though it is fairly priced.
Economic Volatility Risk With an economic stability score of 55/100, the property is at risk of market fluctuations that could negatively impact rental income and property value.
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