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, 4-bathroom villa of 293 m², built in 2001, energy rating C. Located on autoestrada EM516-2, Quelfes parish, Olhão municipality, Faro district. Noteworthy Feature: The property includes a well-equipped wine cellar for crafting personalized wines, complemented by mature olive trees for olive oil production, enhancing its luxurious and self-sufficient appeal.
The valuation. The asking price of €2,499,000 significantly exceeds the fair value of €546,276, representing an overpricing of €1,952,724 or 78.1%. This property is decidedly overpriced based on its current market assessment.
Fair value modelled at €546,276 from the area baseline, adjusted for condition and location. Asking €2,499,000 sits €1,952,724 (78.1%) above — overpriced versus fair value.
Asking €2,499,000 versus the autoestrada EM516-2 area baseline of €796,374 (€2,718/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 80 · Materials 82 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 61/100 (Housing Market 60 · Amenities 70 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
autoestrada EM516-2
Area baseline €796,374 + condition +€21,059 + location +€22,136 = modelled fair value of €546,276 (€1,864/m²), a €1,952,724 (78.1%) gap versus the €2,499,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| autoestrada EM516-2 | Subject | €2,499,000 | €8,529 | — | 80 | 61 |
| urbanização Cerro Azul | Active | €1,395,000 | €5,602 | 34.3% | 78 | 63 |
| Quelfes · 4d47d9 | Active | €650,000 | €2,500 | 70.7% | 75 | 67 |
| Quelfes · 7355b0 | Active | €500,000 | €3,049 | 64.3% | 73 | 59 |
| rua Joaquim Agostinho | Active | €790,000 | €3,511 | 58.8% | 72 | 71 |
| Median comp | €720,000 | €3,280 | 61.5% | 74 | 65 |
Short-term vacation rental The property’s price of €2,499,000 is significantly higher than its fair value of €546,276, presenting an 78.1% gap that makes it financially impractical for short-term vacation rentals. With a gross yield of 0% and a neighbourhood rating of only 61/100, the investment lacks potential for attractive cash flow in the seasonal tourism market. Long-term rental Acquiring this villa for €2,499,000 is excessive when compared to its fair value of €546,276, revealing a 78.1% overpricing which undermines long-term rental viability. Given the area's tenant quality and gross yield of 0%, the investment is unlikely to meet rental income expectations in a market driven by seasonal fluctuations. Buy-and-hold Investing in this property at €2,499,000, in light of its €546,276 fair value indicates an overpriced situation, reflecting a 78.1% gap that diminishes buy-and-hold prospects. The mid-level neighbourhood rating of 61/100 and zero gross yield amplify the risk of holding onto an asset that could underperform in a coastal area vulnerable to economic shifts.
Economic Vulnerability The economic stability score of 55/100 indicates a potential risk of fluctuations in the local economy that could negatively impact property values or rental demand.
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