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 64 m², built in 1987. Located Olhão parish, Olhão municipality, Faro district. Noteworthy Features: The apartment boasts a sunroom that maximizes natural light, while the private terrace provides an outdoor retreat for relaxation in the heart of Olhão.
The valuation. The asking price of €240,000 is significantly above the fair value of €99,358, representing an overpriced assessment with a margin of €140,642 (58.6%). This suggests that potential investors may face challenges in achieving a favorable return on investment.
Fair value modelled at €99,358 from the area baseline, adjusted for condition and location. Asking €240,000 sits €140,642 (58.6%) above — overpriced versus fair value.
Asking €240,000 versus the Olhão, Olhão, Faro area baseline of €188,544 (€2,946/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 (Condition 60 · Materials 55 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Olhão, Olhão, Faro
Area baseline €188,544 + condition -€20,200 + location +€9,670 = modelled fair value of €99,358 (€1,552/m²), a €140,642 (58.6%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Olhão · cfddef | Subject | €240,000 | €3,750 | — | 60 | 72 |
| rua Almirante Reis | Active | €240,000 | €2,857 | 23.8% | 60 | 63 |
| avenida 16 de Junho, 33 | Active | €305,000 | €3,588 | 4.3% | — | 61 |
| Quelfes · 99f3a0 | Active | €269,000 | €2,989 | 20.3% | 50 | 63 |
| rua Proj. À Estr. de Quelfes, 4 | Active | €210,000 | €2,530 | 32.5% | 45 | 70 |
| Median comp | €254,500 | €2,923 | 22.1% | 50 | 63 |
Short-term vacation rental The property’s price of €240,000 significantly exceeds its fair value of €99,358, indicating it is overpriced for the short-term vacation rental market. With a gross yield of only 3.9% and a condition rating of 55/100, the investment lacks sufficient appeal to attract premium rental rates. Buy-and-hold At €240,000, this 2-bed apartment is considerably overpriced compared to the fair value of €99,358, suggesting poor long-term capital appreciation potential. A yield of 3.9% does not justify the investment, while the condition rating of 55/100 raises concerns about future maintenance costs. Family rental While the apartment is located in a decent neighborhood with a rating of 72/100, the excessive listing price of €240,000 makes it an overpriced option for family rentals. Given the 3.9% yield and the property’s condition rating, it is unlikely to provide a stable and attractive environment for families seeking long-term housing.
Economic Vulnerability With an economic stability score of 65/100, the property may be exposed to fluctuations in the local economy that could affect tenant retention and rental income.**
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