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, 3-bathroom apartment of 199 m², built in 2024, energy rating A. Located Moncarapacho e Fuseta parish, Olhão municipality, Faro district. Noteworthy Features: The apartment features panoramic windows that flood the open-plan living area with natural light, enhancing its spaciousness while also offering stunning views of Ria Formosa and the surrounding countryside.
The valuation. The asking price of €535,000 sits below the fair value of €577,978, indicating a fair pricing at €42,978 or 7.4% under the estimated fair market value. This suggests the property is positioned well for investment without overextending financially. Buy-to-flip angle. A buy-to-flip strategy could involve improving the property for reselling, leveraging the premium materials and favorable local market dynamics to enhance value and attract buyers looking for updated features. Buy-to-let angle. A long-term rental strategy appears limited as the gross yield stands at 0%, which indicates no immediate rental income; however, the property could serve as an attractive short-term vacation rental in this tourist-friendly location.
Fair value modelled at €577,978 from 6 comparable sales in the area. Asking €535,000 sits €42,978 (7.4%) below — the upside to fair value.
Asking €535,000 versus the Moncarapacho e Fuseta, Olhão, Faro area baseline of €393,908 (€1,979/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €393,908, adjusted for condition and micro-location, gives a modelled fair value of €577,978 (€2,904/m²), a €42,978 (7.4%) gap versus the €535,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Moncarapacho e Fuseta · 0aca70 | Subject | €535,000 | €2,688 | — | 90 | 60 |
| rua Maragota, 27E | Active | €197,000 | €2,897 | 7.8% | 75 | 70 |
| Moncarapacho e Fuseta · 19f724 | Active | €480,000 | €2,727 | 1.4% | 74 | 72 |
| autoestrada EM1325 | Active | €990,000 | €2,912 | 8.3% | 65 | 60 |
| Moncarapacho e Fuseta · 828fe7 | Active | €1,100,000 | €6,286 | 133.8% | 80 | 64 |
| Median comp | €735,000 | €2,905 | 8.0% | 75 | 67 |
Short-term vacation rental This property in Moncarapacho e Fuseta presents a unique opportunity for a short-term vacation rental, yet the 0% gross yield indicates that the current asking price does not justify potential earnings. With a fair valuation of €577,978 and a listing price of €535,000, investors should proceed cautiously while considering seasonal demand from the nearby Algarve coast. Long-term rental While the property could serve as a long-term rental given the economic reliance on tourism, the location's 60/100 neighborhood rating suggests limited appeal for steady tenants. The yield remains at 0%, reflecting a risk that the investment may not generate significant rental returns under the current pricing conditions. Buy-and-hold Investing in this property as a buy-and-hold strategy presents a moderately balanced risk due to its fair valuation compared with the asking price; however, prospects for appreciation may be tempered by the 0% yield and moderately rated neighborhood. Given the current economic factors and demand fluctuations, this strategy should be approached with careful consideration of market trends and future developments.
Tenant turnover risk The tenant stability score of 60/100 indicates a moderate risk of tenant turnover, which can lead to increased vacancy rates and potentially impact cash flow negatively.
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
