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, 3-bathroom house of 68 m², energy rating C. Located Olhão parish, Olhão municipality, Faro district. Unique Feature: This house retains an authentic traditional stove, beautifully integrated into the modern design, adding historical charm to the spacious open-concept living area.
The valuation. The asking price of €586,000 significantly exceeds the fair value of €56,911, leaving a markup of €529,089 (90.3%). This places the property as overpriced in the current market. Buy-to-flip angle. A buy-to-flip strategy may not yield favorable results, given the current asking price versus the fair value, limiting potential profit margins. Flipping this property would likely be a challenging endeavor. Buy-to-let angle. With a gross yield of 0%, rental income strategies appear unfeasible at this asking price, failing to attract long-term tenants or viable short-term rental returns. An investment here stands to provide no cash flow.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Olhão · 262065 | Subject | €586,000 | €8,618 | — | — | 70 |
| Olhão · cfddf5 | Active | €580,000 | €7,073 | 17.9% | 75 | 68 |
| Quelfes · 6fbc8e | Active | €570,000 | €2,591 | 69.9% | 70 | 59 |
| rua das Lavadeiras | Active | €470,000 | €4,796 | 44.3% | 76 | 59 |
| Quelfes · 7355b0 | Active | €500,000 | €3,049 | 64.6% | 73 | 59 |
| Median comp | €535,000 | €3,923 | 54.5% | 74 | 59 |
Short-term vacation rental The property’s current price of €586,000 is significantly above its fair value of €56,911, indicating it is overpriced and not an appealing investment for short-term vacation rentals. With a gross yield of 0%, this property does not present a viable option for generating rental income, even in a tourist-heavy region. Buy-and-hold At a staggering 90.3% gap from its fair value, acquiring this property as a long-term hold is not justifiable given the current valuation of €586,000. The lack of income generation coupled with a condition score of 0/100 makes this strategy highly unattractive for potential appreciation. Family rental The alarming price point of €586,000 compared to the fair value of €56,911 renders this property overpriced for family rental purposes, which typically require more accessible pricing to attract stable tenants. With a gross yield of 0%, potential rental income would not cover the investment costs, limiting its feasibility as a family rental opportunity.
Economic Sensitivity Risk With an economic stability score of 65/100, this property may be vulnerable to fluctuations in the local economy that could impact rental demand and income stability.
