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.
1-bedroom, 1-bathroom house of 50 m², built in 2005. Located Olhão parish, Olhão municipality, Faro district. This property features a private rooftop terrace offering serene views over the historic rooftops, perfect for relaxation and enjoying the Algarve's mild climate.
The valuation. The asking price of €258,000 is slightly above the fair value of €253,205, resulting in a variance of €4,795 (1.9%). This property is assessed as being fairly priced for its current market conditions.
Fair value modelled at €253,205 from 6 comparable sales in the area. Asking €258,000 sits €4,795 (1.9%) above — overpriced versus fair value.
Asking €258,000 versus the Olhão, Olhão, Faro area baseline of €250,267 (€5,005/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 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 €250,267, adjusted for condition and micro-location, gives a modelled fair value of €253,205 (€5,064/m²), a €4,795 (1.9%) gap versus the €258,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Olhão · 19084f | Subject | €258,000 | €5,160 | — | 70 | 63 |
| Olhão · 4a44c0 | Active | €280,000 | €4,667 | 9.6% | 75 | 69 |
| Olhão · 6a942f | Active | €280,000 | €5,091 | 1.3% | 70 | 58 |
| rua Doutor Ataíde Oliveira | Active | €395,000 | €5,064 | 1.9% | 68 | 68 |
| Quelfes · 6fba2a | Active | €339,000 | €3,942 | 23.6% | 75 | 73 |
| Median comp | €309,500 | €4,866 | 5.7% | 73 | 69 |
Short-term vacation rental While the property is well-positioned in Olhão's coastal Algarve area, attracting tourists year-round, the tight gap to fair value suggests limited upside for investors. The 4% gross yield reflects the current market conditions, indicating steady occupancy but not significant profit potential beyond operational expenses. Buy-and-hold This property serves as a fair investment option for buy-and-hold strategies due to its average condition score of 69/100, which may lead to higher maintenance costs over time. Given the fair valuation versus market dynamics, investors should expect modest long-term appreciation without significant short-term gains. Family rental The property is suitable for family rentals considering its residential appeal in a neighborhood with average tenant quality, but its pricing is aligned with current market rates. The 4% gross yield is in line with expectations, making it a reasonable, though not exceptional, choice for this rental strategy.
Economic Vulnerability The economic stability score of 55/100 indicates a moderate risk due to potential fluctuations in the local economy that could affect tenant demand and 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
