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 102 m², built in 1985. Located Quelfes parish, Olhão municipality, Faro district. Noteworthy Features: This property boasts a completely fenced and enclosed land, ensuring privacy and security while being nestled in a tranquil area surrounded by quality homes.
The valuation. The asking price of €210,000 is significantly above the fair value of €126,792, reflecting an overvaluation of €83,208 (65.6%). This property is overpriced for the current market conditions.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quelfes · 3a7342 | Subject | €210,000 | €2,059 | — | — | 63 |
| Moncarapacho e Fuseta · 86ca68 | Active | €149,000 | €560 | 72.8% | — | 65 |
| Quelfes · 49b84e | Active | €448,000 | €796 | 61.3% | — | 68 |
| urbanização Cerro Azul | Active | €495,000 | €1,375 | 33.2% | — | 70 |
| travessa Doutor Paula Nogueira S / N | Active | €199,000 | €3,491 | 69.6% | 40 | 62 |
| Median comp | €323,500 | €1,086 | 47.3% | 40 | 67 |
Short-term vacation rental While this property is situated in a desirable location near Albufeira, the current asking price of €210,000 is significantly above the fair value of €126,792, indicating it is overpriced. The 7.9% gross yield may be attractive, but the high acquisition cost limits potential profitability in the competitive vacation rental market. Buy-and-hold Investing in this property as a buy-and-hold strategy is not recommended due to its overpriced nature, with a fair value gap of 65.6%. The condition rating of 0/100 suggests extensive renovations are needed, further diminishing the investment's long-term stability and appeal. Long-term rental Although long-term rental properties can provide steady income, acquiring this house at €210,000, when fair value is €126,792, makes it a poor investment option. The subpar condition and high price create challenges in attracting quality tenants and ensuring favorable cash flow over time.
Economic Instability Risk The economic stability score of 55/100 indicates a potential for unfavorable market conditions that might affect rental demand and property values negatively.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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