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.
2-bedroom, 1-bathroom house of 95 m², energy rating F. Located Moncarapacho e Fuseta parish, Olhão municipality, Faro district. Noteworthy Features: This property offers the potential for expansion up to 150 m2, alongside breathtaking views of the Ria Formosa and mountains, enhancing its appeal for redevelopment.
The valuation. The asking price of €450,000 is significantly above the fair value of €337,092, representing an overvaluation of €112,908 (33.5%). This indicates that the property is overpriced in the current market context.
Fair value modelled at €337,092 from 6 comparable sales in the area. Asking €450,000 sits €112,908 (33.5%) above — overpriced versus fair value.
Asking €450,000 versus the Moncarapacho e Fuseta, Olhão, Faro area baseline of €365,166 (€3,844/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 49/100 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 €365,166, adjusted for condition and micro-location, gives a modelled fair value of €337,092 (€3,548/m²), a €112,908 (33.5%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Moncarapacho e Fuseta · 0ac848 | Subject | €450,000 | €4,737 | — | — | 65 |
| Quelfes · 76b230 | Active | €269,000 | €3,789 | 20.0% | 51 | 64 |
| travessa Doutor Paula Nogueira S / N | Active | €199,000 | €3,491 | 26.3% | 40 | 62 |
| Quelfes · e8347d | Active | €530,000 | €3,605 | 23.9% | 70 | 69 |
| acesso Particular S / N | Active | €360,000 | €2,553 | 46.1% | 42 | 58 |
| Median comp | €314,500 | €3,548 | 25.1% | 47 | 63 |
Long-term rental The property is overpriced at €450,000 compared to the fair value of €337,092, which represents a significant gap of 33.5%. With a gross yield of only 2.9%, the investment lacks the financial returns one would expect from a long-term rental in a moderately rated neighborhood. Short-term vacation rental Given the property's high price point and insufficient gross yield of 2.9%, it is not positioned to maximize returns for short-term vacation rentals in a seasonal tourist market. The condition rating of 49/100 further diminishes its appeal and potential profitability in this rental strategy. Buy-and-hold At a listing price that is 33.5% above fair value, this investment does not provide a sound basis for a buy-and-hold strategy, as it fails to align with the fundamental investment principles of acquiring assets below their intrinsic value. Coupled with a mediocre neighborhood quality score of 65/100, the long-term appreciation potential appears limited, making this property an unsuitable choice for passive investors.
Economic Vulnerability The property's economic stability score of 60/100 indicates a potential risk for income fluctuations due to uncertain economic conditions. Tenant Instability With a tenant stability score of 65/100, there is a moderate chance of tenant turnover, which could impact rental income predictability.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
