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, 2-bathroom apartment of 88 m², built in 1992, energy rating D. Located on avenida Dom João VI, 167, Olhão parish, Olhão municipality, Faro district. Noteworthy Features: This apartment includes a versatile covered terrace facing south, ideal for various leisure activities and maximizing sunlight throughout the day.
The valuation. The asking price of €285,000 exceeds the fair value of €143,665 by €141,335, representing a significant 49.6% overpricing. The property is consequently deemed overpriced, which raises concerns for potential investors.
Fair value modelled at €143,665 from the area baseline, adjusted for condition and location. Asking €285,000 sits €141,335 (49.6%) above — overpriced versus fair value.
Asking €285,000 versus the avenida Dom João VI, 167 area baseline of €260,744 (€2,963/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 63 · Materials 68 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 60/100 (Housing Market 65 · Amenities 60 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
avenida Dom João VI, 167
Area baseline €260,744 + condition -€13,475 + location +€6,044 = modelled fair value of €143,665 (€1,633/m²), a €141,335 (49.6%) gap versus the €285,000 asking price.
Long-term rental The current asking price of €285,000 represents a significant overvaluation compared to the fair value of €143,665, indicating that the property is overpriced. Additionally, with a gross yield of only 3.6% in a neighborhood reliant on tourism, long-term rental prospects may not justify the high initial investment. Short-term vacation rental Despite being situated in a tourist region, the €285,000 price tag far exceeds the fair value of €143,665, making it overpriced for short-term rental opportunities. Furthermore, the property’s condition and neighborhood ratings suggest limited appeal to vacationers, likely restricting the potential for profitable short-term rental income.
Economic Vulnerability The property's economic stability score of 55/100 indicates a substantial risk of fluctuating market conditions impacting returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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