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, 0-bathroom house of 110 m². Located Quelfes parish, Olhão municipality, Faro district. This property features a charming backyard accessible from both the living room and bedroom, enhancing its appeal for outdoor relaxation and entertaining.
The valuation. The asking price of €291,000 is €11,000 (3.9%) above the fair value of €280,000, indicating that the property is fairly priced in the current market.
Fair value modelled at €280,000 from 6 comparable sales in the area. Asking €291,000 sits €11,000 (3.9%) above — overpriced versus fair value.
Asking €291,000 versus the Quelfes, Olhão, Faro area baseline of €253,440 (€2,304/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 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 €253,440, adjusted for condition and micro-location, gives a modelled fair value of €280,000 (€2,545/m²), a €11,000 (3.9%) gap versus the €291,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quelfes · f46a45 | Subject | €291,000 | €2,645 | — | 60 | 61 |
| Quelfes · 6fbdab | Active | €380,000 | €2,077 | 21.5% | 62 | 72 |
| Quelfes · 99f3f9 | Active | €500,000 | €2,101 | 20.6% | 70 | 63 |
| Olhão · 6a942f | Active | €280,000 | €5,091 | 92.4% | 70 | 58 |
| Quelfes · 6fbc8e | Active | €570,000 | €2,591 | 2.1% | 70 | 59 |
| Median comp | €440,000 | €2,346 | 11.3% | 70 | 61 |
Long-term rental The property in Quelfes, Olhão offers a gross yield of 10.7%, indicating solid potential for income generation through long-term rental strategies. Given the fair valuation, the return on investment should align with market expectations in this semi-urban coastal area. Short-term vacation rental The seasonal tourist influx in the Algarve supports the viability of the property as a short-term vacation rental, with a competitive yield of 10.7%. While the property is fairly priced, it remains an attractive option for capturing rental income from tourists during peak seasons. Buy-and-hold Investing in this property as a buy-and-hold asset is reasonable, given its yield of 10.7% and standing at a fair market value of €291,000. The low crime rate in the area further supports long-term ownership and tenant retention in this coastal location.
Economic Downturn Impact The economic stability score of 55/100 suggests a potential risk of decreased demand or declining rental income in the event of an economic downturn, impacting cash flow.
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
