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.
11-bedroom, 11-bathroom house of 509 m², built in 1988, energy rating G. Located on rua do José Botelho, 571, Quelfes parish, Olhão municipality, Faro district. Noteworthy Features: The property includes a spacious terrace offering magnificent views, a borehole for water supply, and is set on ample land for potential development., Unique Aspects: The home is accessible via two roads, enhancing its appeal for privacy and convenience.
The valuation. The asking price of €345,000 is significantly below the fair value of €614,776, creating a remarkable gap of €269,776 (78.2%). This indicates that the property is underpriced, presenting a unique investment opportunity in a desirable location.
Fair value modelled at €614,776 from the area baseline, adjusted for condition and location. Asking €345,000 sits €269,776 (78.2%) below — the upside to fair value.
Asking €345,000 versus the rua do José Botelho, 571 area baseline of €873,953 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 35/100 (Condition 30 · Materials 35 · Room dimensions 40). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 68/100 (Housing Market 75 · Amenities 65 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua do José Botelho, 571
Area baseline €873,953 + condition -€322,102 + location +€62,925 = modelled fair value of €614,776 (€1,208/m²), a €269,776 (78.2%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do José Botelho, 571 | Subject | €345,000 | €678 | — | 30 | 68 |
| Quelfes · 1e66a1 | Active | €1,270,000 | €7,987 | 1078.4% | 65 | 62 |
| caminho da Boavista | Active | €1,350,000 | €7,297 | 976.6% | 70 | 65 |
| rua Manuel Tomé Viegas Vaz | Active | €360,000 | €2,250 | 232.0% | — | 66 |
| rua das Lavadeiras | Active | €470,000 | €4,796 | 607.6% | 76 | 59 |
| Median comp | €870,000 | €6,047 | 792.1% | 70 | 64 |
Short-term vacation rental The property offers significant potential for short-term vacation rentals given its location in the Algarve, a region renowned for tourism. With a current gap of 78.2% between the listing price and the fair value, there is room to optimize rental pricing once renovations improve its condition rating of 35/100. Buy-and-hold This property represents a unique buy-and-hold opportunity as its current listing price of €345,000 is well below its fair market value of €614,776, suggesting strong long-term appreciation potential. The neighborhood's decent rating of 68/100 indicates stable demand, which could enhance future resale opportunities. Family rental Positioned in a nurturing environment with a neighborhood score of 68/100, this property can serve as an appealing family rental despite its low condition rating. The substantial gap to fair value at 78.2% emphasizes its potential for value addition through improvements, creating a promising investment for long-term stays. Not ideal for student housing Despite being located in a vibrant area, the property’s attributes do not align with the demands of student housing, especially considering its poor condition. The lack of gross yield further complicates the potential for student rentals, making it an unsuitable choice for that demographic. Not ideal for luxury market The house's current condition and yield underscore its unsuitability for the luxury market, where higher standards are generally expected. This property is currently misaligned with luxury buyers’ expectations due to its low condition score and below-value pricing.
Economic & Tenant Stability Risk The economic stability score of 60 indicates potential market fluctuations that could impact rental income, while the tenant stability score of 70 suggests a moderately reliable tenant base, heightening the risk of income variability in adverse conditions.
