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 107 m² on the 2nd floor, built in 1990, energy rating F. Located Pechão parish, Olhão municipality, Faro district. Noteworthy Features: The apartment includes two enclosed balconies, enhancing usable space while offering a pleasant BBQ balcony, perfect for outdoor gatherings and family meals.
The valuation. The asking price of €180,000 is significantly below the fair value of €267,971, representing a potential discount of €87,971 (32.8%). This suggests the property is indeed underpriced and may attract interest from savvy investors.
Fair value modelled at €267,971 from 6 comparable sales in the area. Asking €180,000 sits €87,971 (32.8%) below — the upside to fair value.
Asking €180,000 versus the Pechão, Olhão, Faro area baseline of €214,908 (€2,008/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 is above the parish average, lifting 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 €214,908, adjusted for condition and micro-location, gives a modelled fair value of €267,971 (€2,504/m²), a €87,971 (32.8%) gap versus the €180,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Pechão · 19f785 | Subject | €180,000 | €1,682 | — | 64 | 73 |
| rua de Olivença, 19 | Active | €298,000 | €2,224 | 32.2% | 65 | 73 |
| rua José Agostinho de Macedo, 8 | Active | €244,500 | €2,397 | 42.5% | 72 | 61 |
| rua do Caminho de Ferro, 8 | Active | €290,000 | €2,816 | 67.4% | 65 | 68 |
| rua Pedro Ninil | Active | €330,000 | €2,444 | 45.3% | 75 | 68 |
| Median comp | €294,000 | €2,421 | 43.9% | 69 | 68 |
Short-term vacation rental This property is located in the Algarve area, which benefits from strong tourist demand, yielding a gross return of 5.8%. Given its fair value of €267,971 against the listing price of €180,000, the potential for profit through vacation rentals is substantial. Long-term rental With a neighborhood rating of 73/100 and a gross yield of 5.8%, this 2-bed apartment in Pechão is well-positioned for long-term leasing in a tourism-driven market. The fair value significantly exceeds the asking price, suggesting a favorable investment landscape for steady rental income. Buy-and-hold This property, priced at €180,000, is substantially below its fair value of €267,971, making it a strong candidate for buy-and-hold strategies. Its reasonable condition score of 62/100 and the promise of appreciating property values in a tourist-centric area enhance its potential as a long-term investment.
Economic vulnerability The economic stability score of 55/100 indicates a significant risk of economic downturns adversely affecting the rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
