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, 1-bathroom apartment of 55 m² on the 3rd floor, energy rating F. Located Olhão parish, Olhão municipality, Faro district. Noteworthy Features: This apartment includes a sunroom-style closed balcony and a small terrace, enhancing outdoor living potential despite its compact size.
The valuation. The asking price of €265,000 is significantly above the fair value of €160,766, resulting in an overvaluation of €104,234 (64.8%). This establishes the property as overpriced in the current market.
Fair value modelled at €160,766 from 6 comparable sales in the area. Asking €265,000 sits €104,234 (64.8%) above — overpriced versus fair value.
Asking €265,000 versus the Olhão, Olhão, Faro area baseline of €172,766 (€3,141/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 56/100 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 €172,766, adjusted for condition and micro-location, gives a modelled fair value of €160,766 (€2,923/m²), a €104,234 (64.8%) gap versus the €265,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Olhão · 1f3469 | Subject | €265,000 | €4,818 | — | 60 | 61 |
| rua Almirante Reis | Active | €240,000 | €2,857 | 40.7% | 60 | 63 |
| rua João Coutinho Pais S / N | Active | €250,000 | €2,747 | 43.0% | 60 | 70 |
| Quelfes · 8ee657 | Active | €285,000 | €3,701 | 23.2% | 70 | 70 |
| rua José Agostinho de Macedo, 8 | Active | €244,500 | €2,397 | 50.2% | 72 | 61 |
| Median comp | €247,250 | €2,802 | 41.8% | 65 | 67 |
Short-term vacation rental The property’s current listing price of €265,000 exceeds the fair value of €160,766 by 64.8%, making it an overpriced investment for a vacation rental strategy in a seasonal market. With a gross yield of only 3.2% and a condition rating of 56/100, potential returns are unlikely to meet investor expectations. Buy-and-hold Given the property’s significant pricing gap, remaining invested in this overpriced asset does not promise long-term appreciation or cash flow stability. The neighbourhood's moderate amenities and tenant quality ratings of 61/100 indicate limited growth potential, further diminishing the appeal of a buy-and-hold approach. Family rental At a listing price of €265,000, this property represents a significant mismatch against its fair value, leading to concerns regarding rental viability for families. The condition rating of 56/100 suggests that additional renovation costs may be necessary, compounding the fact that the property is overpriced in a moderately urbanized area.
Tenant turnover risk The low tenant stability score of 55/100 indicates a potential risk of higher turnover rates, which can lead to increased vacancy periods and related costs.
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