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, 2-bathroom apartment of 92 m², energy rating B. Located on rua da Cegonha, Moncarapacho e Fuseta parish, Olhão municipality, Faro district. Noteworthy Features: The property boasts an expansive terrace with unobstructed sea views, ideal for entertaining while enjoying the scenic beauty of the Algarve coastline.
The valuation. The asking price of €460,000 sits significantly above fair value of €184,728, marking a considerable premium of €275,272 (59.8%). This assessment deems the property overpriced within the current market context.
Fair value modelled at €184,728 from the area baseline, adjusted for condition and location. Asking €460,000 sits €275,272 (59.8%) above — overpriced versus fair value.
Asking €460,000 versus the rua da Cegonha area baseline of €171,120 (€1,860/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 64/100 (Housing Market 70 · Amenities 65 · Economic 60 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua da Cegonha
Area baseline €171,120 + condition +€4,025 + location +€9,583 = modelled fair value of €184,728 (€2,008/m²), a €275,272 (59.8%) gap versus the €460,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Cegonha | Subject | €460,000 | €5,000 | — | 75 | 64 |
| rua Nossa Senhora do Carmo | Active | €420,000 | €4,565 | 8.7% | 72 | 59 |
| rua da Liberdade | Active | €397,000 | €4,841 | 3.2% | 75 | 65 |
| autoestrada N125 | Active | €265,000 | €3,155 | 36.9% | 70 | 60 |
| caminho de Sao Sebastiao | Active | €1,395,000 | €6,643 | 32.9% | 82 | 62 |
| Median comp | €408,500 | €4,703 | 5.9% | 74 | 61 |
Short-term vacation rental The property is overpriced at €460,000, significantly above the fair value of €184,728, which hinders its attractiveness in the competitive vacation rental market. With a gross yield of only 5.1%, potential returns do not justify the investment in this high-demand tourist area. Buy-and-hold This apartment's current listing price results in an unfavorable 59.8% gap from its fair value, suggesting that holding this asset may not yield desired capital appreciation. The weak yield of 5.1% further diminishes the prospects for long-term investors in this overpriced segment. Family rental At €460,000, the property is significantly overpriced compared to its fair value, making it an unsuitable choice for families looking for affordable housing options. The neighborhood rating of 64/100 does not support the high price, indicating better opportunities may exist elsewhere. Not ideal for The high listing price of €460,000 means the property is not suitable for student housing, as it exceeds typical budgets for this demographic. Additionally, its valuation and condition do not align with the expectations of the luxury market, further indicating misalignment with these segments.
Potential lease turnover The economic stability score of 60 and tenant stability score of 65 suggest a moderate risk of lease turnover, which may impact rental income stability.
