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.
0-bedroom, 0-bathroom apartment of 138 m², built in 2008. Located Quelfes parish, Olhão municipality, Faro district. This property boasts a spacious 30-square-meter kitchen equipped with modern amenities, enhancing both functionality and style for culinary enthusiasts.
The valuation. The asking price of €470,000 is substantially above the fair value of €249,398, indicating it is overpriced by €220,602, or 46.9%. This discrepancy suggests a lack of investment viability for potential buyers.
Fair value modelled at €249,398 from the area baseline, adjusted for condition and location. Asking €470,000 sits €220,602 (46.9%) above — overpriced versus fair value.
Asking €470,000 versus the Quelfes, Olhão, Faro area baseline of €236,946 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 73 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 62/100 (Housing Market 75 · Amenities 60 · Economic 60 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Quelfes, Olhão, Faro
Area baseline €236,946 + condition +€1,078 + location +€11,373 = modelled fair value of €249,398 (€1,807/m²), a €220,602 (46.9%) gap versus the €470,000 asking price.
Short-term vacation rental The property in Quelfes is overpriced compared to its fair value, making it a less attractive option for a short-term vacation rental strategy. With a 0% yield and a condition score of 76/100, investors may face significant challenges achieving profitability in this tourist-heavy region. Buy-and-hold Investing in this 0-bed apartment as a buy-and-hold strategy does not appear viable, as it is overpriced by 46.9% compared to its fair value. The low yield and moderate neighborhood score of 62/100 further indicate potential difficulties in long-term appreciation gains. Family rental This property is not suitable for a family rental strategy due to its overpriced status and lack of yield, risking potential cash flow issues. The neighborhood score of 62/100 suggests limited appeal for families, which could hinder successful renting in this market.
Economic Volatility Risk The investment may face challenges due to a moderate economic stability score of 60/100 and a tenant stability score of only 55/100, indicating potential for decreased demand and higher vacancy rates.
