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 apartment of 137 m², energy rating B. Located on avenida da República, Olhão parish, Olhão municipality, Faro district. This apartment features a spacious covered balcony adjoining the kitchen, ideal for outdoor dining, as well as abundant natural light from dual-facing balconies.
The valuation. The asking price of €395,000 sits significantly above the fair value of €249,967, resulting in an overpricing of €145,033 (36.7%). This valuation indicates a potential lack of room for negotiation.
Fair value modelled at €229,828 from the area baseline, adjusted for condition and location. Asking €395,000 sits €165,172 (41.8%) above — overpriced versus fair value.
Asking €395,000 versus the avenida da República area baseline of €235,229 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 (Condition 70 · Materials 68 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 57/100 (Housing Market 60 · Amenities 55 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
avenida da República
Area baseline €235,229 + condition -€11,987 + location +€6,586 = modelled fair value of €229,828 (€1,678/m²), a €165,172 (41.8%) gap versus the €395,000 asking price.
Long-term rental The current listing price of €395,000 for this property represents a significant gap of 36.7% above its fair value of €249,967, indicating that it is overpriced. With a gross yield of only 3.9%, this investment is not likely to provide sufficient returns over the long term and is better to be avoided. Short-term vacation rental Given the seasonal nature of tourism in the Algarve, the property’s listing price is 36.7% above its fair value, making it overpriced for the short-term rental market. With a condition score of 69/100 and a neighbourhood rating of only 57/100, potential guest satisfaction and occupancy rates could be affected negatively, decreasing overall profitability. Buy-and-hold At a listing price of €395,000, this apartment is overpriced by 36.7% compared to its fair value of €249,967, which poses a risk for long-term investment appreciation. The low gross yield of 3.9% further suggests that holding this property may not yield favorable financial results over time.
Economic Volatility Exposure The property faces a risk due to its economic stability score of 55/100, indicating potential challenges in maintaining consistent rental income. Tenant Turnover Risk Additionally, a tenant stability score of 60/100 suggests a likelihood of higher turnover rates, which could lead to increased vacancy periods and associated costs.
