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.
1-bedroom, 1-bathroom apartment of 65 m², energy rating C. Located Quelfes parish, Olhão municipality, Faro district. Noteworthy Features: The property includes a 10m² terrace offering partial views of the Ria Formosa and is located just 200 meters from Praia dos Cavacos, enhancing its appeal as a vacation rental.
The valuation. The asking price of €260,000 is significantly above the fair value of €119,763, marking an overpricing of €140,237 (53.9%). This suggests the property is overpriced for its current market conditions.
Fair value modelled at €119,763 from the area baseline, adjusted for condition and location. Asking €260,000 sits €140,237 (53.9%) above — overpriced versus fair value.
Asking €260,000 versus the Quelfes, Olhão, Faro area baseline of €167,245 (€2,573/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 75 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 66/100 (Housing Market 60 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Quelfes, Olhão, Faro
Area baseline €167,245 + condition +€1,016 + location +€7,143 = modelled fair value of €119,763 (€1,843/m²), a €140,237 (53.9%) gap versus the €260,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quelfes · 96c65a | Subject | €260,000 | €4,000 | — | 75 | 66 |
| Quelfes · 99f4fa | Active | €359,000 | €3,205 | 19.9% | 70 | 58 |
| Quelfes · 957083 | Active | €265,000 | €3,533 | 11.7% | 70 | 60 |
| avenida 16 de Junho, 33 | Active | €305,000 | €3,588 | 10.3% | — | 61 |
| avenida Sporting Clube Olhanense | Active | €360,000 | €2,975 | 25.6% | 70 | 62 |
| Median comp | €332,000 | €3,369 | 15.8% | 70 | 61 |
Long-term rental The 1-bed apartment in Quelfes, Olhão, is overpriced at €260,000 compared to a fair value of €119,763, resulting in a substantial gap of 53.9%. With a yield of 0% gross and a condition rating of 76/100, this investment fails to generate income, making it an unsuitable option for long-term rental. Family rental Despite being in a safe and family-friendly area typical of Algarve regions, this property is overpriced by 53.9% against its fair value of €119,763. With no rental yield and average neighborhood ratings, it falls short of meeting the demands of family rentals, suggesting poor investment viability. Buy-and-hold Investors looking to buy-and-hold should reconsider the 1-bed apartment, as it is significantly overpriced at €260,000, exceeding the fair value by 53.9%. The lack of rental yield and the property’s moderate condition undermine its potential for appreciation, making it a less-than-ideal choice for a long-term hold.
Economic volatility risk There is a potential risk associated with the economic stability score of 65/100, indicating that economic fluctuations could impact tenant demand and rental income stability.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
