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, 1-bathroom apartment of 146 m², energy rating B. Located Olhão parish, Olhão municipality, Faro district. Noteworthy Feature: The apartment features a spacious terrace of 27.4 m², seamlessly connecting the interior living space to outdoor dining and leisure, ideal for enjoying the Mediterranean climate.
The valuation. The asking price of €755,000 is significantly above the fair value of €300,802, representing an overvaluation of €454,198 (60.2%). Thus, the property is overpriced based on current market trends.
Fair value modelled at €278,588 from the area baseline, adjusted for condition and location. Asking €755,000 sits €476,412 (63.1%) above — overpriced versus fair value.
Asking €755,000 versus the Olhão, Olhão, Faro area baseline of €250,682 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 77 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 66/100 (Housing Market 80 · Amenities 70 · Economic 60 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Olhão, Olhão, Faro
Area baseline €250,682 + condition +€11,863 + location +€16,044 = modelled fair value of €278,588 (€1,908/m²), a €476,412 (63.1%) gap versus the €755,000 asking price.
Short-term vacation rental This property, priced at €755,000, is significantly above its fair value of €300,802, compromising its potential for profitable short-term vacation rentals with a gross yield of only 2%. Given the seasonal employment patterns in the Algarve, the high asking price does not align with the tourist-driven demand, making it a less attractive investment in this category. Long-term rental The current valuation of €755,000 against a fair value of €300,802 indicates that the property is overpriced, resulting in a meager gross yield of 2%. This weak return, combined with the economic instability driven by seasonal employment, suggests that long-term rental prospects may not meet investor expectations. Buy-and-hold As the property is priced at €755,000, significantly above its fair value of €300,802, it represents an overpriced opportunity for a buy-and-hold strategy. With a low yield of only 2% and economic factors influencing property value stability in the Algarve, this investment does not align with the long-term growth potential typically sought in this strategy.
Economic volatility risk The property has a moderate economic stability score of 60/100, indicating potential vulnerabilities in economic conditions that could affect rental income.
