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.
3-bedroom, 2-bathroom apartment of 128 m² on the 2nd floor, built in 2022, energy rating G. Located Quelfes parish, Olhão municipality, Faro district. Noteworthy Features: The apartment features expansive balconies totaling 23m², enhancing outdoor living space with scenic views and providing a perfect setting for relaxation or entertainment. Investment Potential: Excellent investment opportunity at a good price!
The valuation. The asking price of €410,690 is very close to the fair value of €412,978, sitting just €2,288 (0.6%) below it. This positions the property as fairly valued in the current market.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quelfes · 51cae9 | Subject | €410,690 | €3,209 | — | — | 64 |
| rua Almirante Reis, 156 | Active | €275,000 | €3,313 | 3.3% | 70 | 66 |
| avenida Doctor Bernardino da Silva | Active | €360,000 | €3,495 | 8.9% | 75 | 63 |
| avenida da República, 57 | Active | €360,000 | €3,956 | 23.3% | 65 | 70 |
| Quelfes · 0dce47 | Active | €240,000 | €2,202 | 31.4% | 75 | 63 |
| Median comp | €317,500 | €3,404 | 6.1% | 73 | 65 |
Short-term vacation rental Capturing the tourist market in the Algarve offers potential, but with a yield of only 3.5%, this property may struggle to outperform other investments in the area. Given its fair valuation and a neighborhood rating of 64/100, its attractiveness will be limited during off-peak seasons. Long-term rental As a long-term rental investment, this property might provide steady cash flow, yet the low yield of 3.5% suggests it may not offer the best returns compared to other options in the market. The fair price of €410,690 aligns closely with the fair value of €412,978, indicating that investors might not see significant upside in this strategy. Buy-and-hold Holding this property long-term could be viable, yet its position at fair value suggests limited immediate appreciation potential. Coupled with a neighborhood rating of 64/100, this investment may require a longer time horizon to realize substantial gains, particularly given the strong seasonal nature of the Algarve market.
Economic vulnerability With an economic stability score of 55/100, the property may face challenges due to a weaker local economy potentially impacting rental income. Tenant turnover risk A tenant stability score of 60/100 suggests that occupants may not be very committed, leading to higher turnover rates which can increase costs and reduce income stability.
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
