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 country_house of 100 m², built in 1951, energy rating G. Located Mexilhoeira Grande parish, Portimão municipality, Faro district. Noteworthy Features: The property includes a traditional water well, providing a sustainable water source, and a stream that enhances its natural landscape and potential for agricultural use.
The valuation. The asking price of €320,000 is significantly above the fair value of €103,874, representing an overvaluation of €216,127 (67.5%). This property is therefore deemed overpriced. Buy-to-flip angle. A buy-to-flip strategy for this property would be challenging given its current condition and high asking price; substantial renovations would be needed to attract buyers. Buy-to-let angle. The projected rental income yields 0% due to the property’s poor condition and outdated features, making it unsuitable for reliable long-term or short-term rental.
Fair value modelled at €103,874 from the area baseline, adjusted for condition and location. Asking €320,000 sits €216,127 (67.5%) above — overpriced versus fair value.
Asking €320,000 versus the Mexilhoeira Grande, Portimão, Faro area baseline of €274,100 (€2,741/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 23/100 (Condition 20 · Materials 25 · Room dimensions 30). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 70 · Amenities 75 · Economic 60 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Mexilhoeira Grande, Portimão, Faro
Area baseline €274,100 + condition -€81,563 + location +€13,736 = modelled fair value of €103,874 (€1,039/m²), a €216,127 (67.5%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Mexilhoeira Grande · cfdecc | Subject | €320,000 | €3,200 | — | 20 | 70 |
| Portimão · 38ba61 | Active | €350,000 | €4,667 | 45.8% | — | 72 |
| Marmelete · ba3cbd | Active | €230,000 | €2,054 | 35.8% | 30 | 65 |
| Portimão · 937188 | Active | €400,000 | €2,667 | 16.7% | 37 | 70 |
| Marmelete · 90d980 | Active | €365,000 | €3,925 | 22.6% | — | 70 |
| Median comp | €357,500 | €3,296 | 3.0% | 34 | 70 |
Long-term rental The property in Mexilhoeira Grande presents a significant gap of 67.5% above its fair value of €103,874, which positions it as overpriced for long-term rental investment. Additionally, with a gross yield of 0% and a condition rating of 23/100, the prospects for securing reliable long-term tenants are severely compromised. Short-term vacation rental Given its overpriced status, with a listing price of €320,000, this property does not align with market expectations for short-term vacation rental returns. The lack of gross yield and below-average condition further diminish its attractiveness as a viable short-term rental option. Family rental The current valuation of €320,000 significantly exceeds the fair value estimate, categorizing it as overpriced for family rental purposes. Moreover, the property’s low condition score of 23/100 and lack of yield suggest that it may not provide the necessary appeal to families seeking quality rental homes. Not ideal for (Student housing, Luxury market, Buy-and-hold) Pricing is not supportive for any long-term wealth-building strategies or specific demographics like students or luxury tenants. The property’s fair value alignment and overall quality dissuade it from being a sound buy-and-hold investment.
Potential Economic Downturn There is a risk due to the economic stability score of 60/100, indicating potential vulnerability to economic fluctuations that could impact rental income.
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
