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, 1-bathroom apartment of 92 m², energy rating D. Located on rua de Antero Nobre, Quelfes parish, Olhão municipality, Faro district. Noteworthy Feature: This apartment features two fronts that enhance natural light, and is situated just steps from local amenities like a health center and shopping complex.
The valuation. The asking price of €259,000 exceeds the fair value of €145,883 by €113,117, or 43.7%. This property is clearly overpriced based on current market conditions and valuation metrics.
Fair value modelled at €145,883 from the area baseline, adjusted for condition and location. Asking €259,000 sits €113,117 (43.7%) above — overpriced versus fair value.
Asking €259,000 versus the rua de Antero Nobre area baseline of €250,056 (€2,718/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 (Condition 65 · Materials 60 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 60/100 (Housing Market 60 · Amenities 70 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua de Antero Nobre
Area baseline €250,056 + condition -€18,400 + location +€6,319 = modelled fair value of €145,883 (€1,586/m²), a €113,117 (43.7%) gap versus the €259,000 asking price.
Short-term vacation rental While the property is located in the peripheral Algarve, which attracts tourists, its 5.4% gross yield does not justify the considerable overpricing with a 43.7% gap above fair value. Additionally, the condition and neighborhood ratings of 62/100 and 60/100 suggest it may not appeal strongly to short-term renters seeking quality accommodation. Buy-and-hold Considering the significant overpricing, the projected yield of 5.4% may not provide sufficient returns to justify holding this property for long-term appreciation, especially given its current valuation gap of 43.7%. The market conditions and ratings do not indicate a compelling case for long-term growth in this particular location. Family rental Although families may seek accommodation in the Algarve, the 43.7% discrepancy from fair value signals that this property is overpriced and could hinder cash flow potential with a modest gross yield of 5.4%. Moreover, the average neighborhood and property condition scores highlight the risks associated with this investment strategy in the current market context.
Economic Volatility Risk A low economic stability score of 50 indicates a heightened risk of market fluctuations that may affect rental income stability and property value.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
