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 €691,250 from 5 comparable sales in the area. Asking €825,000 sits €133,750 (19.3%) above — overpriced versus fair value.
Asking €825,000 versus the Mexilhoeira Grande, Portimão, Faro area baseline of €484,140 (€1,537/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €484,140, adjusted for condition and micro-location, gives a modelled fair value of €691,250 (€2,194/m²), a €133,750 (19.3%) gap versus the €825,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Mexilhoeira Grande · 956ecc | Subject | €825,000 | €2,619 | — | 78 | 71 |
| Mexilhoeira Grande · 5ecfe7 | Active | €790,000 | €2,194 | 16.2% | 75 | 76 |
| rua da Amendoeira | Active | €790,000 | €2,194 | 16.2% | 75 | 70 |
| Mexilhoeira Grande · ec1ac4 | Active | €320,000 | €2,909 | 11.1% | 68 | 80 |
| Median comp | €790,000 | €2,194 | 16.2% | 75 | 76 |
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.
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