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.
5-bedroom, 3-bathroom house of 352 m². Located Quelfes parish, Olhão municipality, Faro district. Noteworthy Features: The property includes a party room in the basement and all terraces offer stunning sea views, enhancing both leisure and entertainment potential.
The valuation. The asking price of €740,000 is significantly below the fair value of €996,405, representing a discount of €256,405 (25.7%). This property is undeniably underpriced based on current market conditions.
Fair value modelled at €996,405 from 6 comparable sales in the area. Asking €740,000 sits €256,405 (25.7%) below — the upside to fair value.
Asking €740,000 versus the Quelfes, Olhão, Faro area baseline of €759,264 (€2,157/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €759,264, adjusted for condition and micro-location, gives a modelled fair value of €996,405 (€2,831/m²), a €256,405 (25.7%) gap versus the €740,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quelfes · 51b4a0 | Subject | €740,000 | €2,102 | — | 70 | 64 |
| Quelfes · 0c05c2 | Active | €780,000 | €2,063 | 1.8% | 78 | 62 |
| Olhão · 5b85a3 | Active | €740,000 | €2,102 | 0% | 68 | 73 |
| Olhão · c83a21 | Active | €549,000 | €2,920 | 38.9% | 76 | 63 |
| rua Vasco da Gama, 2 | Active | €870,000 | €3,702 | 76.1% | 70 | 72 |
| Median comp | €760,000 | €2,511 | 19.4% | 73 | 68 |
Short-term vacation rental The property, listed at €740,000, would provide a gross yield of 4.2% in the popular Algarve region, making it an appealing option for short-term vacation rentals. With a fair value of €996,405 indicating a 25.7% gap, investors can benefit from a strong seasonal tourism economy that typically sees high occupancy rates. Buy-and-hold Acquiring this 5-bed house allows for a robust long-term investment strategy, with the property being undervalued at €740,000 compared to its fair value of €996,405. The neighborhood's quality score of 64/100 suggests a maturing area that can appreciate over time while catering to both tourists and seasonal residents. Long-term rental With its advantageous pricing and location in a tourist-centric area, this property can serve as a solid foundation for a long-term rental strategy. The condition rating of 77/100 indicates that the house is in good shape, further enhancing its appeal to potential tenants seeking quality accommodations in Quelfes, Olhão.
Moderate Economic and Tenant Instability The property has a low economic stability score of 55/100 and a tenant stability score of 60/100, indicating potential volatility in rental income and increased vacancy risk.
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
