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 house of 97 m², energy rating E. Located on rua de José Lopes de Sousa, 11, Olhão parish, Olhão municipality, Faro district. Noteworthy Features: The covered outdoor area, featuring a natural wood structure and stone countertop, uniquely enhances the property for year-round al fresco dining and gatherings.
The valuation. The asking price of €400,000 is significantly above the fair value of €178,061, reflecting an inflated assessment by €221,939 (55.5%). Thus, the property is considered overpriced.
Fair value modelled at €178,061 from the area baseline, adjusted for condition and location. Asking €400,000 sits €221,939 (55.5%) above — overpriced versus fair value.
Asking €400,000 versus the rua de José Lopes de Sousa, 11 area baseline of €287,411 (€2,963/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 82 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 60/100 (Housing Market 70 · Amenities 50 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua de José Lopes de Sousa, 11
Area baseline €287,411 + condition +€4,850 + location +€6,662 = modelled fair value of €178,061 (€1,836/m²), a €221,939 (55.5%) gap versus the €400,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de José Lopes de Sousa, 11 | Subject | €400,000 | €4,124 | — | 75 | 60 |
| rua das Lavadeiras | Active | €470,000 | €4,796 | 16.3% | 76 | 59 |
| Quelfes · 6fbc8e | Active | €570,000 | €2,591 | 37.2% | 70 | 59 |
| Olhão · cfddf5 | Active | €580,000 | €7,073 | 71.5% | 75 | 68 |
| Quelfes · 6f404b | Active | €690,000 | €3,575 | 13.3% | 80 | 56 |
| Median comp | €575,000 | €4,186 | 1.5% | 76 | 59 |
Short-term vacation rental The property is priced at €400,000, significantly above the fair value of €178,061, indicating a 55.5% gap that makes it an unattractive investment for short-term vacation rentals. Given the reliance on the tourism economy, the high price point compromises yield potential, currently at just 3.5% gross. Long-term rental At €400,000, the property is overpriced compared to its fair value of €178,061, creating a concerning 55.5% gap that detracts from the viability of a long-term rental strategy. The gross yield of 3.5% reflects the high purchase price amidst a neighborhood rated only 60/100, limiting rental income potential. Buy-and-hold With a listing of €400,000 and a fair value of €178,061, there's a significant 55.5% gap, positioning this property as overpriced for a buy-and-hold approach. The economic context, coupled with a moderate yield of 3.5%, suggests potential capital appreciation challenges in an area reliant on tourism and basic amenities.
Economic and Tenant Instability With both economic and tenant stability scores at 60/100, there is a heightened risk of fluctuating rental income and potential vacancies, 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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