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.
4-bedroom, 4-bathroom house of 187 m², energy rating D. Located Mexilhoeira Grande parish, Portimão municipality, Faro district. Noteworthy Features: The property boasts a spacious garage with an automatic gate and an elegant living room featuring a cozy fireplace, enhancing both convenience and comfort for residents.
The valuation. The asking price of €550,000 is significantly above the fair value of €356,462, indicating an overvaluation of €193,538 (35.2%). This premium raises concerns about the property's true market potential.
Fair value modelled at €356,462 from the area baseline, adjusted for condition and location. Asking €550,000 sits €193,538 (35.2%) above — overpriced versus fair value.
Asking €550,000 versus the Mexilhoeira Grande, Portimão, Faro area baseline of €321,079 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 74 · Materials 80 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 80 · Amenities 70 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Mexilhoeira Grande, Portimão, Faro
Area baseline €321,079 + condition +€5,844 + location +€29,539 = modelled fair value of €356,462 (€1,906/m²), a €193,538 (35.2%) gap versus the €550,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Mexilhoeira Grande · f35d95 | Subject | €550,000 | €2,941 | — | 74 | 73 |
| Odiáxere · 8933d3 | Active | €1,690,000 | €6,500 | 121.0% | 78 | 74 |
| Mexilhoeira Grande · 90d8e6 | Active | €2,750,000 | €6,410 | 117.9% | 85 | 67 |
| Mexilhoeira Grande · 38a085 | Active | €895,000 | €5,327 | 81.1% | 77 | 75 |
| Mexilhoeira Grande · 956c8c | Active | €549,000 | €4,323 | 47.0% | 74 | 70 |
| Median comp | €1,292,500 | €5,869 | 99.5% | 78 | 72 |
Short-term vacation rental This property, priced at €550,000, is significantly above its fair value of €356,462, resulting in a notable gap of 35.2%. Given the area's tourism appeal, it may attract vacationers; however, the current asking price suggests an overvaluation that diminishes its immediate rental yield potential. Long-term rental With a gross yield of 5.5%, this property could suit long-term tenants, yet its price of €550,000 remains excessive compared to the fair value of €356,462. Investing at this level may limit overall returns and make securing durable tenants challenging in a potentially overpriced market. Buy-and-hold The opportunity to buy this property as a long-term hold is questionable, as it sits 35.2% above fair value with significant implications for appreciation potential. While the area is appealing for its coastal attractions, the existing overpricing raises concerns about future capital growth and return on investment.
Economic Vulnerability The property has an economic stability score of 65/100, indicating potential vulnerability to economic downturns which may affect rental income and occupancy rates.
