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.
1-bedroom, 1-bathroom apartment of 86 m², built in 2005. Located Olhão parish, Olhão municipality, Faro district. Noteworthy Features: The apartment boasts an enclosed balcony and multiple terraces that enhance outdoor living, alongside expansive city and sea views owing to its prime solar orientation.
The valuation. The asking price of €310,000 is substantially above the fair value of €151,390, making it overpriced by €158,610 (51.2%). This high asking price does not align with market expectations or investment returns in the area.
Fair value modelled at €151,390 from the area baseline, adjusted for condition and location. Asking €310,000 sits €158,610 (51.2%) above — overpriced versus fair value.
Asking €310,000 versus the Olhão, Olhão, Faro area baseline of €147,662 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 70 · Materials 75 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 62/100 (Housing Market 70 · Amenities 60 · Economic 50 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Olhão, Olhão, Faro
Area baseline €147,662 + condition -€3,359 + location +€7,088 = modelled fair value of €151,390 (€1,760/m²), a €158,610 (51.2%) gap versus the €310,000 asking price.
Short-term vacation rental The property’s listing price of €310,000 is significantly above the fair value of €151,390, indicating that it is overpriced and does not align with the expected rental yield of 3.2%. Given the competitive landscape of the Algarve for vacation rentals, this investment is unlikely to generate optimal returns due to its inflated price. Buy-and-hold With a fair value gap of 51.2%, the property does not represent a prudent buy-and-hold investment, as the price of €310,000 suggests a long-term asset that may struggle to appreciate above its current valuation. The subpar condition rating of 73/100 further diminishes its appeal as a stable, appreciating asset in the market. Luxury market Although the property is located in a desirable area of Olhão, its current price of €310,000 exceeds the fair value by a substantial margin, reflecting a market that may not support such a luxury positioning. The combination of an average neighborhood rating of 62/100 and a high asking price signals a mismatch for high-end buyers looking for value in a luxury investment. Not ideal for: Student housing The 1-bed apartment’s price of €310,000 and the neighborhood's lower ratings suggest it is not a suitable investment for student housing, as this segment typically relies on affordability and value for money. With such a significant gap versus fair value, the rental demand from students may not justify the high costs involved in this investment.
Economic Vulnerability The property’s economic stability score of 50/100 indicates a significant risk of adverse market conditions impacting income potential.
