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 87 m², energy rating D. Located Olhão parish, Olhão municipality, Faro district. Noteworthy Features: This apartment boasts a privileged location on Olhão's main avenue, offering convenient access to local amenities and public transportation, enhancing daily living experiences.
The valuation. The asking price of €270,000 sits significantly above the fair value of €144,510, indicating the property is overpriced by €125,490 or 46.5%. This discrepancy suggests cautious consideration before proceeding with any offers.
Fair value modelled at €131,372 from the area baseline, adjusted for condition and location. Asking €270,000 sits €138,628 (51.3%) above — overpriced versus fair value.
Asking €270,000 versus the Olhão, Olhão, Faro area baseline of €149,379 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 56/100 (Condition 60 · Materials 55 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 64/100 (Housing Market 70 · Amenities 65 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Olhão, Olhão, Faro
Area baseline €149,379 + condition -€26,372 + location +€8,365 = modelled fair value of €131,372 (€1,510/m²), a €138,628 (51.3%) gap versus the €270,000 asking price.
Short-term vacation rental This property, priced at €270,000, exceeds the fair value of €144,510 by 46.5%, indicating it is overpriced for investor expectations in the short-term rental market. The gross yield of 5.1% does not compensate adequately for the elevated asking price, especially considering seasonal employment variations in the area due to tourism. Buy-and-hold The €270,000 listing price places significant financial strain, considering the fair value of €144,510 reflects an overpriced position for long-term investment strategies. With a condition rating of 56/100 and a neighborhood score of 64/100, the investment may not yield returns that meet investor thresholds over time. Long-term rental With an asking price of €270,000, this property is overpriced at 46.5% above the fair value of €144,510, limiting its appeal for long-term rental strategies. The achieved gross yield of 5.1% does not justly compensate for the elevated market entry cost, particularly amid the challenges of tenant quality and changing seasonal dynamics in the Algarve.
Economic Vulnerability With an economic stability score of 55/100, the property may face fluctuations in market conditions that could affect rental income.
