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, 3-bathroom house of 316 m², built in 2013, energy rating C. Located Mexilhoeira Grande parish, Portimão municipality, Faro district. Notable Features: The property boasts a heated saltwater pool, ideal for year-round enjoyment, and a private garden with independent access for enhanced convenience and versatility. Lighting: Ample natural light inundates the open-plan living and dining areas, creating an inviting atmosphere for relaxation and social gatherings.
The valuation. The asking price of €825,000 is significantly above the fair value of €598,517, representing an overvaluation of €226,483 (27.5%). This discrepancy indicates the property is overpriced. Buy-to-flip angle. A buy-to-flip strategy would aim to invest in cosmetic improvements, increasing the value for resale to capitalize on the tourism-driven market. This could yield a favorable margin, albeit dependent on precise renovation costs. Buy-to-let angle. A rental income strategy would focus on short-term vacation rentals, leveraging the area's tourism appeal. However, with an estimated gross yield of 0%, the current price does not support a sustainable rental income model.
Fair value modelled at €598,517 from the area baseline, adjusted for condition and location. Asking €825,000 sits €226,483 (27.5%) above — overpriced versus fair value.
Asking €825,000 versus the Mexilhoeira Grande, Portimão, Faro area baseline of €542,572 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 75 · Materials 80 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Mexilhoeira Grande, Portimão, Faro
Area baseline €542,572 + condition +€10,369 + location +€45,576 = modelled fair value of €598,517 (€1,894/m²), a €226,483 (27.5%) gap versus the €825,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Mexilhoeira Grande · 956ecc | Subject | €825,000 | €2,611 | — | 75 | 71 |
| Estômbar e Parchal · 956ab9 | Active | €1,195,000 | €4,878 | 86.8% | 70 | 70 |
| Silves · 001999 | Active | €795,000 | €3,118 | 19.4% | 75 | 65 |
| Portimão · dee415 | Active | €638,000 | €2,647 | 1.4% | 64 | 68 |
| Mexilhoeira Grande · 90d8e6 | Active | €2,750,000 | €6,410 | 145.5% | 85 | 67 |
| Median comp | €995,000 | €3,998 | 53.1% | 73 | 68 |
Short-term vacation rental With a gap of 27.5% above fair value, this property is overpriced and does not justify the absence of rental yield. The tourism-focused area may boost demand, but the high price detracts from profitability as a short-term rental investment. Long-term rental The current price of €825,000 suggests that this property is overpriced, limiting its attractiveness for long-term rental opportunities. A lack of rental yield combined with elevated listing prices could hinder cash flow and return on investment. Buy-and-hold Positioned at a significant premium, this property is overpriced and less suited for buy-and-hold strategies, particularly with a fair value of €598,517. Investors may find the long-term appreciation potential unappealing given the absence of immediate yield and the high buy-in cost.
Economic Volatility Risk The economic stability score of 65/100 indicates a moderate risk of economic fluctuations impacting rental income and property value.