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 467 m², energy rating F. Located on travessa das Escadinhas, Alferce parish, Monchique municipality, Faro district. Noteworthy Features: The property includes two existing ruins that can be renovated, offering potential for expansion or alternative uses, along with extensive agricultural land suitable for diverse crops.
The valuation. The asking price of €930,000 sits just beneath the fair value of €949,187, resulting in a slight equity gap of €19,187, or 2.0%. This property is fairly valued, indicating stability in the market.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa das Escadinhas | Subject | €930,000 | €1,991 | — | — | 61 |
| rua do Doutor Samora Gil S / N | Active | €242,000 | €1,344 | 32.5% | 33 | 60 |
| São Bartolomeu de Messines · b7c3d0 | Active | €475,000 | €2,083 | 4.6% | 45 | 74 |
| São Marcos da Serra · 53ccc3 | Active | €325,000 | €1,982 | 0.5% | 42 | 55 |
| Monchique · 15e364 | Active | €275,000 | €2,619 | 31.5% | 68 | 63 |
| Median comp | €300,000 | €2,033 | 2.1% | 44 | 62 |
Short-term vacation rental Given the property’s fair valuation of €930,000 compared to its calculated fair value of €949,187, investing in short-term vacation rentals may not yield substantial returns, especially with a gross yield of 0%. The location in Algarve attracts tourists, but potential investors should consider the competitive landscape and unique neighborhood ratings before proceeding. Buy-and-hold This property is priced at €930,000, which is quite close to its fair value of €949,187, indicating that long-term appreciation might be limited. With a gross yield at 0% and the neighborhood rating at 61, the potential for rental income does not support a strong buy-and-hold strategy. Value-add renovation Although a value-add renovation could enhance a property’s worth, the current fair value at €949,187 suggests that the property is already priced in line with its potential. Renovation efforts would need to significantly elevate the conditions beyond the current 0/100 rating for any future appreciation to be worthwhile. Not ideal for luxury market The house listed at €930,000 is not aligned with the luxury market demand, especially given its neighborhood score of 61 out of 100. This indicates limitations in attracting high-end clientele in a tourist-heavy area like Algarve. Not ideal for student housing With a neighborhood rating of 61/100, this property may not attract a strong influx of students, limiting its feasibility as student housing. The tourism-heavy locality and the lack of amenities suitable for long-term student living further diminish this strategy's viability.
Economic Instability Risk With an economic stability score of 55/100, there is a significant risk of economic downturn affecting property values and rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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