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. Location: Situated on the main avenue of Olhão, this apartment benefits from excellent accessibility to local amenities and public transport options, enhancing daily convenience.
The valuation. The asking price of €270,000 is significantly above its fair value of €131,372, representing an excess of €138,628 (51.3%). Therefore, the property is overpriced based on market comparisons.
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 €256,302 (€2,946/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.
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.
Olhão, Olhão, Faro
Area baseline €256,302 + 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.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Olhão · 4bbcbf | Subject | €270,000 | €3,103 | — | 60 | 64 |
| Quelfes · 99f3a0 | Active | €269,000 | €2,989 | 3.7% | 50 | 63 |
| rua Almirante Reis | Active | €240,000 | €2,857 | 7.9% | 60 | 63 |
| rua de Antero Nobre | Active | €259,000 | €2,815 | 9.3% | 65 | 60 |
| avenida Dom João VI, 167 | Active | €285,000 | €3,239 | 4.4% | 63 | 60 |
| Median comp | €264,000 | €2,923 | 5.8% | 62 | 62 |
Short-term vacation rental Given the significant gap of 51.3% between the listing price of €270,000 and the fair value of €131,372, the property is overpriced for short-term rentals. Despite its appeal in a tourist-favored region like Algarve, the high acquisition cost limits the potential revenue from vacation rentals. Buy-and-hold With a fair value of €131,372 compared to the listing price, purchasing this apartment as a buy-and-hold investment is not advisable given its overpriced status. The combination of a moderate gross yield of 5.1% and the high initial investment may not justify the long-term holding costs. Long-term rental As a long-term rental investment, the property is overpriced relative to the fair market value, presenting a significant risk for potential return on investment. The condition score of 56/100 suggests moderate upkeep needs, which, paired with a purchase price exceeding fair value, could strain rental profitability.
Economic vulnerability With an economic stability score of 55/100, the investment is at risk due to potential declines in local economic conditions that could negatively affect tenant occupancy rates and rental income.
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