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.
0-bedroom, 0-bathroom country_house of 324 m². Located on rua do Emigrante, 2, Pechão parish, Olhão municipality, Faro district. Noteworthy Features: This property features historical architectural details typical of mid-20th century design, alongside a prime location within walking distance to local amenities in Pechão.
The valuation. The asking price of €350,000 is significantly above the fair value of €216,675, suggesting the property is overpriced by €133,325 (38.1%). Buy-to-flip angle. A quick resale strategy could capitalize on the high tourist demand in the Algarve, although current pricing limits profit potential. Buy-to-let angle. With an estimated gross yield of 7.8%, the property could generate around €2,275/month as a short-term vacation rental, benefiting from the region's strong tourism appeal.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Emigrante, 2 | Subject | €350,000 | €1,080 | — | — | 68 |
| Pechão · 937439 | Active | €220,000 | €1,111 | 2.9% | — | 70 |
| rua Belmonte de Cima, 307 | Active | €400,000 | €1,818 | 68.3% | — | 62 |
| estrada de São Luís | Active | €426,000 | €2,420 | 124.1% | 55 | 74 |
| via Alameda em Olhão | Active | €230,000 | €2,500 | 131.4% | 58 | 70 |
| Median comp | €315,000 | €2,119 | 96.2% | 57 | 70 |
Short-term vacation rental The property is overpriced at €350,000, significantly exceeding its fair value of €216,675, indicating that expected returns may not be viable in the competitive vacation rental market. Additionally, with a gross yield of 7.8% in a high-demand tourist region, the potential for profitability is severely limited by the initial purchase price. Buy-and-hold At a listing price of €350,000, this property is overpriced compared to its fair value of €216,675, putting long-term appreciation potential at risk. The expected yield of 7.8% gross does not justify the high initial investment, making it an unwise choice for a buy-and-hold strategy. Family rental With the property’s valuation at €350,000 compared to a fair value of €216,675, it is overpriced for a family rental investment, as such a premium severely limits cash flow potential and tenant demand. The 7.8% gross yield, although seemingly attractive, is insufficient to warrant the elevated price in the current rental market conditions.
Economic and Tenant Stability Risk With both economic and tenant stability scores at 65/100, there is a significant risk of potential fluctuations in rental income and decreased tenant retention, which could impact overall profitability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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