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.
5-bedroom, 5-bathroom country_house of 185 m², built in 1951, energy rating D. Located on caminho da Boavista, Quelfes parish, Olhão municipality, Faro district. This property features a large 16 x 5 meter swimming pool and a spacious outdoor pool house, perfect for entertaining and enjoying the Algarve sun.
The valuation. The asking price of €1,350,000 is significantly above fair value, which stands at €329,766. This results in a markup of €1,020,234, marking the property as overpriced by 75.6%.
Fair value modelled at €329,766 from the area baseline, adjusted for condition and location. Asking €1,350,000 sits €1,020,234 (75.6%) above — overpriced versus fair value.
Asking €1,350,000 versus the caminho da Boavista area baseline of €502,830 (€2,718/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 70 · Materials 75 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 65/100 (Housing Market 70 · Amenities 60 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
caminho da Boavista
Area baseline €502,830 + condition -€6,938 + location +€19,059 = modelled fair value of €329,766 (€1,783/m²), a €1,020,234 (75.6%) gap versus the €1,350,000 asking price.
Short-term vacation rental Despite the property being in the Algarve, a region known for its tourism, it is overpriced at €1,350,000 given its fair value of €329,766. The low gross yield of 1.6% suggests that the potential returns from short-term rentals may not justify this inflated asking price. Buy-and-hold Holding this property in a location reliant on tourism may seem appealing, but the price point indicates a significant overvaluation at €1,350,000 versus a fair value of €329,766. The expected yield of only 1.6% raises concerns about long-term profitability and capital appreciation. Value-add renovation While renovations can enhance property value, investing in this 5-bed country house would be ill-advised due to its current price of €1,350,000, far above the fair value of €329,766. The existing condition rating of 73/100 suggests the need for considerable investment, further complicating the potential for achieving a positive return on improved valuation.
Potential Economic Downturn The economic stability score of 60/100 suggests that the property is at risk of decreased demand or economic challenges that could lead to lower rental income or increased vacancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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