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.
0-bedroom, 0-bathroom apartment of 76 m², built in 2005. Located Mexilhoeira Grande parish, Portimão municipality, Faro district. Unique features: This apartment is located in a quiet urbanization with excellent sun exposure and offers stunning views of the Ria de Alvor on the horizon.
The valuation. The asking price of €260,000 is significantly above fair value at €142,641, representing an overvaluation of €117,359 (45.1%). This implies the property is priced too high relative to market fundamentals.
Fair value modelled at €142,641 from the area baseline, adjusted for condition and location. Asking €260,000 sits €117,359 (45.1%) above — overpriced versus fair value.
Asking €260,000 versus the Mexilhoeira Grande, Portimão, Faro area baseline of €208,316 (€2,741/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 71/100 (Housing Market 80 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Mexilhoeira Grande, Portimão, Faro
Area baseline €208,316 + condition +€1,188 + location +€10,961 = modelled fair value of €142,641 (€1,877/m²), a €117,359 (45.1%) gap versus the €260,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Mexilhoeira Grande · b7c12b | Subject | €260,000 | €3,421 | — | 75 | 71 |
| Mexilhoeira Grande · 93739e | Active | €195,000 | €1,950 | 43.0% | 74 | 73 |
| Mexilhoeira Grande · 93732c | Active | €245,000 | €2,008 | 41.3% | 80 | 74 |
| Odiáxere · 82c796 | Active | €299,950 | €4,411 | 28.9% | 75 | 75 |
| rua das Palmeiras, 99 | Active | €395,000 | €2,842 | 16.9% | 70 | 70 |
| Median comp | €272,475 | €2,425 | 29.1% | 75 | 74 |
Short-term vacation rental This property is not a suitable investment for a short-term vacation rental due to its 45.1% gap above the fair value, suggesting that potential returns may not justify the high entry cost. With a gross yield of only 2.7%, the investment does not align with the strong tourist demand in the region during peak seasons. Buy-and-hold Investing in this property as a buy-and-hold strategy is not recommended, as its valuation significantly exceeds the fair value, indicating an inflated cost that could hinder long-term profitability. The combination of a low yield of 2.7% and the current market dynamics contributes to limited upside in the foreseeable future. Value-add renovation Opting for a value-add renovation approach may not be ideal in this case, as the property is already priced 45.1% above its fair value, making the initial investment too high for potential returns from improvements. While renovations could enhance its condition, the current high price point raises significant risks regarding the recovery of additional investment.
Economic Sensitivity The property may face financial instability due to a moderate economic stability score of 65/100, which suggests potential vulnerability to economic downturns affecting tenant retention and rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
