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.
2-bedroom, 1-bathroom house of 120 m², energy rating D. Located Mexilhoeira Grande parish, Portimão municipality, Faro district. This property features expansive private land with multiple fruit trees and a fully equipped motorhome, offering a unique blend of outdoor living and travel opportunities in the Algarve.
The valuation. The asking price of €500,000 is positioned above the fair value of €459,795 by €40,205 (8.7%). Given the mixed quality of condition and neighborhood, the property is appropriately valued at fair. Buy-to-flip angle. A buy-to-flip strategy here could capitalize on seasonal demand in Algarve, focusing on enhancing property aesthetics to potentially raise resale value within 6-12 months. Buy-to-let angle. The estimated gross yield of 2.6% (~€1,083/month) from a rental strategy caters to the vacation rental market, aligning with tourism trends despite potential seasonal income fluctuations.
Fair value modelled at €459,795 from 6 comparable sales in the area. Asking €500,000 sits €40,205 (8.7%) above — overpriced versus fair value.
Asking €500,000 versus the Mexilhoeira Grande, Portimão, Faro area baseline of €455,939 (€3,799/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 48/100 is below the parish average, reducing 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 €455,939, adjusted for condition and micro-location, gives a modelled fair value of €459,795 (€3,832/m²), a €40,205 (8.7%) gap versus the €500,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Mexilhoeira Grande · 19f5fe | Subject | €500,000 | €4,167 | — | 42 | 61 |
| rua Francisco Bívar | Active | €179,000 | €2,983 | 28.4% | 54 | 74 |
| Mexilhoeira Grande · 25f6e2 | Active | €380,000 | €4,043 | 3.0% | 58 | 68 |
| rua Vasco da Gama, 6 | Active | €410,000 | €5,467 | 31.2% | — | 73 |
| estrada de Montes de Alvor S / N | Active | €420,000 | €3,621 | 13.1% | — | 74 |
| Median comp | €395,000 | €3,832 | 8.0% | 56 | 74 |
Short-term vacation rental Given the strong tourism economy in Algarve, the property could serve as a viable short-term vacation rental, despite its fair valuation status. However, the 2.6% gross yield and 48/100 condition rating suggest limited profit potential compared to other local opportunities. Long-term rental As a long-term rental, this property may attract tenants looking for comfortable accommodations, but the yield of 2.6% indicates modest returns for investors. Moreover, the neighbourhood's quality, rated at 61/100, suggests that while rental interest exists, it may not be robust enough to command higher rents. Buy-and-hold Investing in a buy-and-hold strategy could be challenging due to the fair valuation at €500,000, with a slight gap of 8.7% from the fair value. Additionally, the seasonal demand fluctuations typical of coastal properties may limit appreciation, making long-term growth uncertain.
Economic Vulnerability With an economic stability score of 50/100, there is a heightened risk that market fluctuations could negatively impact property value and rental income. Tenant Stability Concerns A tenant stability score of 60/100 suggests that there may be a significant risk of tenant turnover, which can lead to increased vacancy rates and loss of 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
