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.
4-bedroom, 3-bathroom house of 98 m², built in 1951, energy rating D. Located on rua das Lavadeiras, Olhão parish, Olhão municipality, Faro district. Noteworthy Features: The property boasts a captivating traditional facade adorned with intricate tile work, complemented by a spacious west-facing terrace ideal for sunset relaxation and entertaining.
The valuation. The asking price of €470,000 is €273,195 (58.1%) above the fair value of €196,805, indicating that the property is overpriced relative to market standards.
Fair value modelled at €182,286 from the area baseline, adjusted for condition and location. Asking €470,000 sits €287,714 (61.2%) above — overpriced versus fair value.
Asking €470,000 versus the rua das Lavadeiras area baseline of €168,266 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 76 · Materials 82 · Room dimensions 83). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 59/100 (Housing Market 70 · Amenities 55 · Economic 45 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua das Lavadeiras
Area baseline €168,266 + condition +€7,963 + location +€6,058 = modelled fair value of €182,286 (€1,860/m²), a €287,714 (61.2%) gap versus the €470,000 asking price.
Short-term vacation rental The property’s premium listing price of €470,000 diverges significantly from its fair value of €196,805, indicating it is overpriced for the short-term vacation rental market. With a 0% gross yield and a neighborhood score of 59/100, the potential returns are insufficient to justify the investment. Long-term rental Given the considerable gap of 58.1% between the listing price and fair value, this property is overpriced for long-term rental purposes, rendering it a poor investment choice. The lack of yield at 0% highlights the financial risks involved in committing to a property that offers no immediate cash flow. Buy-and-hold A buy-and-hold strategy is not advisable for this house, considering it is listed at €470,000, which is well above its fair value of €196,805. The property’s condition score of 80/100 does not compensate for the lack of yield and the significant overpricing, suggesting future appreciation might not be guaranteed.
Economic and Tenant Instability The combined scores of 45/100 for economic stability and 55/100 for tenant stability indicate a risk of fluctuating occupancy rates and inadequate rental income.
