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, 3-bathroom townhouse of 147 m², built in 2007, energy rating C. Located Mexilhoeira Grande parish, Portimão municipality, Faro district. Unique Feature: This townhouse includes individual terraces for both bedrooms, enhancing outdoor living and offering serene countryside views that are perfect for relaxation. Another Notable Feature: The property is part of a small resort, providing access to a communal swimming pool set in picturesque gardens.
The valuation. The asking price of €459,000 sits €46,715 (9.2%) below the fair value of €505,715, indicating that the property is priced fairly within the current market context. Buy-to-flip angle. A short-term vacancy strategy could yield significant profits, leveraging the area's tourism to attract vacation renters quickly. Buy-to-let angle. With a focus on family rental, the property can provide a stable income stream, capitalizing on the Algarve's low crime rates and appealing neighborhoods for long-term tenants.
Fair value modelled at €505,715 from 6 comparable sales in the area. Asking €459,000 sits €46,715 (9.2%) below — the upside to fair value.
Asking €459,000 versus the Mexilhoeira Grande, Portimão, Faro area baseline of €415,947 (€2,830/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €415,947, adjusted for condition and micro-location, gives a modelled fair value of €505,715 (€3,440/m²), a €46,715 (9.2%) gap versus the €459,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Mexilhoeira Grande · 53ce0d | Subject | €459,000 | €3,122 | — | 75 | 73 |
| travessa Plan. It | Active | €495,000 | €3,486 | 11.6% | 75 | 71 |
| Odiáxere · 833fcb | Active | €730,000 | €3,106 | 0.5% | 75 | 72 |
| Mexilhoeira Grande · 375001 | Active | €499,000 | €3,395 | 8.7% | 72 | 71 |
| Mexilhoeira Grande · 956c8c | Active | €549,000 | €4,323 | 38.4% | 74 | 70 |
| Median comp | €524,000 | €3,441 | 10.2% | 75 | 71 |
Short-term vacation rental The 2-bed townhouse in Mexilhoeira Grande may not be optimal for short-term vacation rental due to its 0% gross yield and the fact that it is priced fairly, with a fair value of €505,715. Given the area’s tourism-driven economy, potential revenue may not sufficiently cover expenses, particularly in a competitive rental market. Buy-and-hold Investing in this townhouse as a buy-and-hold strategy could be challenging, as it does not offer immediate returns with a 0% gross yield and is priced fairly at €459,000. Although the neighbourhood has stable tenant quality, the fair valuation limits potential capital appreciation in the long term. Family rental While the townhouse is generally suitable for a family rental market, the property’s fair pricing at €459,000 suggests limited immediate investment upside, with a fair value of €505,715 indicating it is not particularly advantageous. Additionally, its 0% gross yield signifies potential risks in cash flow for families seeking affordable housing in the area.
[Economic Vulnerability] With an economic stability score of 65/100, there is a notable risk of fluctuations in the local economy that could impact tenant retention and rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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