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, 4-bathroom house of 447 m², built in 2013, energy rating B. Located Quelfes parish, Olhão municipality, Faro district. Noteworthy Features: This villa includes a spacious game room with a bar and two multifunctional areas, ideal for both gym use and additional storage solutions. Location Advantage: Located minutes from the serene beaches and islands of the Ria Formosa, blending luxury with leisure.
The valuation. The asking price of €980,000 is significantly below the fair value of €1,262,644, representing an underpricing of €282,644 (22.4%). This presents a favorable investment opportunity in the Olhão area.
Fair value modelled at €1,262,644 from 6 comparable sales in the area. Asking €980,000 sits €282,644 (22.4%) below — the upside to fair value.
Asking €980,000 versus the Quelfes, Olhão, Faro area baseline of €919,550 (€2,057/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €919,550, adjusted for condition and micro-location, gives a modelled fair value of €1,262,644 (€2,825/m²), a €282,644 (22.4%) gap versus the €980,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quelfes · 4a44fa | Subject | €980,000 | €2,192 | — | 80 | 71 |
| Olhão · 1f3584 | Active | €850,000 | €2,843 | 29.7% | 76 | 66 |
| Quelfes · 4d47d9 | Active | €650,000 | €2,500 | 14.0% | 75 | 67 |
| Quelfes · 911253 | Active | €595,000 | €2,807 | 28.0% | 80 | 64 |
| urbanização Cerro Azul | Active | €1,270,000 | €7,987 | 264.3% | 75 | 65 |
| Median comp | €750,000 | €2,825 | 28.9% | 76 | 66 |
Short-term vacation rental This property in Quelfes, Olhão presents an attractive investment opportunity for short-term vacation rentals, given its 22.4% gap from fair value of €1,262,644. The growing tourist-driven market in the Algarve, coupled with a gross yield of 4.1%, suggests solid potential for revenue generation. Long-term rental Investing in this property for long-term rental purposes can be beneficial, as it is currently listed at €980,000, which is 22.4% below its fair value. The 4.1% gross yield indicates good potential income in line with the average demands of tenants in the area. Buy-and-hold Adopting a buy-and-hold strategy for this property is strategically sound, given its listing price is 22.4% below the fair value, making it an attractive acquisition. The solid condition rating of 84/100 and the reasonable neighborhood score support long-term value appreciation in the investment horizon.
Economic Vulnerability The economic stability score of 65 indicates a potential risk due to economic fluctuations that may impact tenant demand and rental income.
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