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 duplex of 192 m², built in 2020, energy rating D. Located Olhão parish, Olhão municipality, Faro district. Noteworthy Features: The duplex boasts two private terraces, including a stunning rooftop with uninterrupted views over Olhão's iconic rooftops, enhancing its charm and outdoor living space.
The valuation. The asking price of €540,000 exceeds the fair value of €347,407 by €192,593, representing a 35.7% premium. This property is considered overpriced based on current market conditions.
Fair value modelled at €347,407 from the area baseline, adjusted for condition and location. Asking €540,000 sits €192,593 (35.7%) above — overpriced versus fair value.
Asking €540,000 versus the Olhão, Olhão, Faro area baseline of €329,664 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 73 · Materials 78 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 63/100 (Housing Market 70 · Amenities 60 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Olhão, Olhão, Faro
Area baseline €329,664 + condition +€600 + location +€17,143 = modelled fair value of €347,407 (€1,809/m²), a €192,593 (35.7%) gap versus the €540,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Olhão · 65a817 | Subject | €540,000 | €2,813 | — | 73 | 63 |
| Olhão · 1e601f | Active | €445,000 | €3,589 | 27.6% | 72 | 61 |
| Quelfes · 99f3ab | Active | €310,000 | €3,333 | 18.5% | 80 | 68 |
| avenida Dom João VI, 167 | Active | €285,000 | €3,239 | 15.2% | 63 | 60 |
| rua de Antero Nobre | Active | €259,000 | €2,815 | 0.1% | 65 | 60 |
| Median comp | €297,500 | €3,286 | 16.8% | 69 | 61 |
Short-term vacation rental This property is overpriced at €540,000 compared to a fair value of €347,407, yielding only 2.8% gross, which is below the favorable return typical of vacation rentals in the region. The combination of high listing price and modest neighborhood amenities detracts from its attractiveness to tourists seeking value during their stay. Buy-and-hold Investing in this duplex as a long-term buy-and-hold strategy is not advisable because it is overpriced with a significant gap of 35.7% from fair value, compounded by the challenges of seasonal employment affecting the local economy. The current yield of 2.8% gross does not justify the initial investment given the uncertain future growth potential in the neighborhood. Family rental While this property could appeal to families, its overpriced status at €540,000 diminishes its marketability and potential for solid rental income in a neighborhood rated only 63/100. The limited yield of 2.8% gross further indicates that it may not provide the financial stability families would seek in a rental home. Not ideal for: Student housing This property’s location and high price make it unsuitable for student housing, where demand typically requires lower rental rates. The current market dynamics do not support a viable return on investment for this segment. Not ideal for: Luxury market The listed price does not align with the luxury market standards, rendering it a poor fit for high-end clientele who expect premium value in return for their investment. This property’s appeal is hindered by a less favorable neighborhood rating. Not ideal for: Industrial use The residential nature and high price of this property disqualify it for industrial use, where lower costs and strategic location are paramount. There is little justification for such an investment in this context due to significant price discrepancies with fair market values.
Economic Vulnerability The economic stability score of 55 indicates a higher risk of fluctuations in income and employment, potentially affecting tenant retention and property value.
