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 117 m² on the 7th floor, energy rating G. Located on avenida Doutor Bernardino da Silva S / N, Olhão parish, Olhão municipality, Faro district. Noteworthy Features: This apartment offers a spacious balcony with panoramic views and is located just minutes from Olhão's historic center and marina, enhancing both leisure and lifestyle opportunities.
The valuation. The property is listed at €315,000, which exceeds the fair value of €283,228 by €31,772 (11.2%). This suggests that the asking price is above the market's realistic valuation.
Fair value modelled at €283,228 from 6 comparable sales in the area. Asking €315,000 sits €31,772 (11.2%) above — overpriced versus fair value.
Asking €315,000 versus the avenida Doutor Bernardino da Silva S / N area baseline of €229,518 (€1,962/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €229,518, adjusted for condition and micro-location, gives a modelled fair value of €283,228 (€2,421/m²), a €31,772 (11.2%) gap versus the €315,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Doutor Bernardino da Silva S / N | Subject | €315,000 | €2,692 | — | 80 | 68 |
| Quelfes · 622722 | Active | €270,000 | €3,140 | 16.6% | 75 | 64 |
| Pechão · 19f785 | Active | €180,000 | €1,682 | 37.5% | 64 | 73 |
| rua José Agostinho de Macedo, 8 | Active | €244,500 | €2,397 | 11.0% | 72 | 61 |
| Quelfes · 0dce47 | Active | €240,000 | €2,202 | 18.2% | 75 | 63 |
| Median comp | €242,250 | €2,300 | 14.6% | 74 | 64 |
Short-term vacation rental The potential yield of 3.5% gross indicates that the property may not deliver competitive returns in the saturated vacation rental market of the Algarve, especially given its 11.2% gap from fair value. Investing here could lead to unanticipated setbacks as market conditions suggest that the property is currently overpriced. Buy-and-hold Holding this property long-term could be challenging due to its current valuation being 11.2% higher than the fair value, which may limit appreciation opportunities. With the neighbourhood scoring only 68/100, the prospects for sustained growth appear diminished, reflecting the property’s overpriced status. Long-term rental Considering long-term rental, the gross yield of 3.5% is relatively modest and does not adequately compensate for the 11.2% overvaluation compared to fair market value. This strategy might prove less attractive given the property's overpriced nature and the currently assessed condition in the market. Not ideal for: Student housing, Industrial development, Agricultural investment
Economic volatility risk - With both economic stability and tenant stability scores at 60/100, there is a significant risk of fluctuations that could affect rental income and property value.
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