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 house of 100 m², built in 2006, energy rating D. Located on travessa Luís de Camões, Olhão parish, Olhão municipality, Faro district. Noteworthy Features: The property boasts a private terrace on the second floor, offering potential for outdoor relaxation, and is situated conveniently close to local amenities and public transport in Olhão.
The valuation. The asking price of €289,000 is significantly below the fair value of €454,594, reflecting a difference of €165,594, or 36.4%. This property is clearly underpriced in the current market.
Fair value modelled at €454,594 from 6 comparable sales in the area. Asking €289,000 sits €165,594 (36.4%) below — the upside to fair value.
Asking €289,000 versus the travessa Luís de Camões area baseline of €432,156 (€4,322/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 61/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €432,156, adjusted for condition and micro-location, gives a modelled fair value of €454,594 (€4,546/m²), a €165,594 (36.4%) gap versus the €289,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa Luís de Camões | Subject | €289,000 | €2,890 | — | 62 | 72 |
| rua Serpa Pinto, 17 | Active | €620,000 | €3,131 | 8.3% | 70 | 62 |
| rua Doutor Ataíde Oliveira | Active | €395,000 | €5,064 | 75.2% | 68 | 68 |
| Olhão · 6a942f | Active | €280,000 | €5,091 | 76.2% | 70 | 58 |
| Olhão · 262065 | Active | €586,000 | €8,618 | 198.2% | — | 70 |
| Median comp | €490,500 | €5,078 | 75.7% | 70 | 65 |
Short-term vacation rental The property is positioned to benefit significantly from its proximity to the Algarve coastline, a sought-after tourist destination. With a 4.8% gross yield, the investment can capitalize on the steady influx of tourists seeking short-term accommodations. Buy-and-hold With a fair value of €454,594 compared to the listing price of €289,000, there is a substantial 36.4% gap, indicating future appreciation potential. The property's decent condition score of 61/100 suggests it can attract quality tenants over the long term, enhancing overall returns. Family rental The appealing neighborhood score of 72/100 reflects a family-friendly environment, making it suitable for long-term family rentals. Furthermore, the stable tourism-driven economy can provide continuous demand from families relocating to the area for job opportunities. Not ideal for student housing Given the predominantly tourist-driven economy, the property is less suited for student housing, as it may not generate consistent demand year-round. The temporary nature of tourist employment does not support a stable student population. Not ideal for luxury market The property does not align with the luxury market's expectations or price points; its current condition and pricing are more suited to budget-conscious renters. Focused investments in luxury properties in this area may yield better returns elsewhere. Not ideal for industrial investments The property's location is primarily residential and tourism-focused, which limits its viability for industrial investments. The lack of industrial infrastructure in the vicinity further detracts from potential opportunities in this sector.
Economic Vulnerability The economic stability score of 65/100 suggests potential fluctuations in market conditions that could affect rental income and property value.
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