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, 0-bathroom country_house of 159 m², energy rating B. Located Quelfes parish, Olhão municipality, Faro district. This property features four prefabricated houses providing excellent rental potential, alongside stunning landscaped gardens and a well-maintained pool for outdoor leisure and entertaining.
The valuation. The asking price of €1,270,000 significantly exceeds the fair value of €296,738 by €973,262, marking it as overpriced by 76.6%. This discrepancy highlights a lack of alignment between market expectations and actual worth.
Fair value modelled at €296,738 from the area baseline, adjusted for condition and location. Asking €1,270,000 sits €973,262 (76.6%) above — overpriced versus fair value.
Asking €1,270,000 versus the Quelfes, Olhão, Faro area baseline of €409,107 (€2,573/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 64/100 (Housing Market 78 · Amenities 60 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Quelfes, Olhão, Faro
Area baseline €409,107 + condition +€8,447 + location +€15,288 = modelled fair value of €296,738 (€1,866/m²), a €973,262 (76.6%) gap versus the €1,270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quelfes · 99f3b2 | Subject | €1,270,000 | €7,987 | — | 75 | 64 |
| rua Doctor Ataíde Oliveira À Olhão | Active | €400,000 | €8,000 | 0.2% | 72 | 52 |
| Quelfes · 82c724 | Active | €480,000 | €4,364 | 45.4% | 73 | 56 |
| Olhão · cfddf5 | Active | €580,000 | €7,073 | 11.4% | 75 | 68 |
| Pechão · 99f3d6 | Active | €990,000 | €3,523 | 55.9% | 80 | 71 |
| Median comp | €530,000 | €5,719 | 28.4% | 74 | 62 |
Short-term vacation rental The property's high listing price of €1,270,000 compared to its fair value of €296,738 indicates a significant 76.6% gap, making it an unrealistic investment for short-term vacation rentals. With a gross yield of only 1.6%, the potential returns do not justify the purchase cost in a competitive tourism market. Buy-and-hold This property is overpriced at €1,270,000, far exceeding the fair value of €296,738, which suggests that long-term appreciation will be challenging given the 76.6% gap. The current gross yield of 1.6% reflects the limitations of holding this asset in the long run, especially in a tourism-dependent area. Long-term rental Purchasing this property for long-term rental is not advisable, as its listing price of €1,270,000 is significantly higher than the fair value of €296,738, resulting in a 76.6% gap. The low gross yield of 1.6% further underscores the unsustainability of this investment strategy in the current market conditions.
Economic Vulnerability With an economic stability score of 55/100, there is a significant risk that local economic downturns could adversely affect property value and rental income. Tenant Instability A tenant stability score of 60/100 indicates a moderate risk of tenant turnover, which could lead to increased vacancy rates and potential loss of rental income.
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