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.
2-bedroom, 1-bathroom apartment of 101 m², energy rating D. Located on avenida da República S / N, Olhão parish, Olhão municipality, Faro district. Features: The apartment boasts a closed terrace ideal for al fresco dining, and a spacious entrance hall enhances its inviting atmosphere.
The valuation. The asking price of €259,000 exceeds the fair value of €185,143 by €73,857 or 28.5%. This property is considered overpriced based on current market conditions.
Fair value modelled at €185,143 from the area baseline, adjusted for condition and location. Asking €259,000 sits €73,857 (28.5%) above — overpriced versus fair value.
Asking €259,000 versus the avenida da República S / N area baseline of €297,546 (€2,946/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 72 · Materials 76 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 65 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
avenida da República S / N
Area baseline €297,546 + condition -€2,841 + location +€14,567 = modelled fair value of €185,143 (€1,833/m²), a €73,857 (28.5%) gap versus the €259,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida da República S / N | Subject | €259,000 | €2,564 | — | 72 | 71 |
| Quelfes · 001a0c | Active | €340,000 | €2,500 | 2.5% | 73 | 71 |
| rua José Agostinho de Macedo, 8 | Active | €244,500 | €2,397 | 6.5% | 72 | 61 |
| rua Vasco da Gama | Active | €270,000 | €2,328 | 9.2% | 68 | 63 |
| Quelfes · 96c438 | Active | €289,000 | €2,535 | 1.1% | 70 | 62 |
| Median comp | €279,500 | €2,449 | 4.5% | 71 | 63 |
Short-term vacation rental The property is not a sound investment for a short-term vacation rental, as it is overpriced by 28.5% compared to its fair value of €185,143. With a gross yield of only 4.7%, the potential returns are not sufficient to justify the elevated purchase price in a tourist-heavy region. Buy-and-hold Investing in this property as a buy-and-hold strategy is inadvisable due to its current listing at €259,000, which is significantly above the fair value. The neighborhood's condition rating of 73/100 and economic reliance on tourism suggest limited appreciation potential, particularly when valued at a 28.5% premium. Family rental Utilizing this property as a family rental lacks financial viability, given its substantial price overvaluation of €259,000 versus a fair value of €185,143. With a modest gross yield of 4.7%, prospective family tenants may be deterred by the high rental costs stemming from this overpriced premise.
Moderate Tenant Turnover Risk With a tenant stability score of 75/100, there is a potential for moderate turnover, which could impact rental income during vacancy periods.
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