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.
4-bedroom, 3-bathroom house of 98 m², energy rating D. Located on rua das Lavadeiras, Olhão parish, Olhão municipality, Faro district. Noteworthy Features: The property boasts a historically significant facade adorned with traditional tiles, complemented by a spacious west-facing terrace ideal for sunset relaxation.
The valuation. The asking price of €410,000 sits 3.9% above the fair value of €394,722. Therefore, it is assessed to be fairly priced considering its condition and location.
Fair value modelled at €394,722 from 6 comparable sales in the area. Asking €410,000 sits €15,278 (3.9%) above — overpriced versus fair value.
Asking €410,000 versus the rua das Lavadeiras area baseline of €369,483 (€3,770/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €369,483, adjusted for condition and micro-location, gives a modelled fair value of €394,722 (€4,028/m²), a €15,278 (3.9%) gap versus the €410,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua das Lavadeiras | Subject | €410,000 | €4,184 | — | 73 | 73 |
| rua das Lavadeiras | Active | €470,000 | €4,796 | 14.6% | 76 | 59 |
| rua Serpa Pinto, 17 | Active | €620,000 | €3,131 | 25.2% | 70 | 62 |
| rua Serpa Pinto | Active | €580,000 | €4,028 | 3.7% | 72 | 67 |
| rua Serpa Pinto | Active | €580,000 | €4,028 | 3.7% | 73 | 69 |
| Median comp | €580,000 | €4,028 | 3.7% | 73 | 65 |
Short-term vacation rental While the property in Olhão is positioned in a popular tourist region of the Algarve, its lack of yield suggests that it may not yield a profitable short-term vacation rental return. Additionally, the gap of 3.9% from its fair value means that investors may not see significant upside potential in this segment. Buy-and-hold The property is fairly priced at €410,000, aligning closely with the fair value estimation of €394,722, which indicates stable market conditions. However, with a current yield of 0%, it may not provide an attractive long-term investment for wealth appreciation. Family rental Given the family-friendly environment and decent local schools, this property could appeal to families looking to rent in Olhão; however, the current fair pricing means investors should be cautious about long-term capital appreciation. The 0% gross yield suggests that while demand exists, the return on investment may not meet expectations for family rentals.
Economic Downturn Risk The economic stability score of 65/100 indicates potential vulnerability to economic downturns, which could affect tenant retention and rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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