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, 2-bathroom apartment of 100 m² on the 4th floor, built in 1993, energy rating D. Located Olhão parish, Olhão municipality, Faro district. Noteworthy Features: The property boasts a strategic location in a sought-after area, providing excellent potential for appreciation due to nearby amenities and convenient transport links.
The valuation. The asking price of €293,000 is significantly above the fair value of €260,854, leaving a disparity of €32,146 (12.3%). Verdict: overpriced.
Fair value modelled at €260,854 from 6 comparable sales in the area. Asking €293,000 sits €32,146 (12.3%) above — overpriced versus fair value.
Asking €293,000 versus the Olhão, Olhão, Faro area baseline of €280,308 (€2,803/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 €280,308, adjusted for condition and micro-location, gives a modelled fair value of €260,854 (€2,609/m²), a €32,146 (12.3%) gap versus the €293,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Olhão · f14b98 | Subject | €293,000 | €2,930 | — | 60 | 67 |
| rua do Caminho de Ferro, 8 | Active | €290,000 | €2,816 | 3.9% | 65 | 68 |
| avenida Dom João VI | Active | €290,000 | €2,397 | 18.2% | 65 | 62 |
| rua Doutor Estevão de Vasconcelos, 20 | Active | €375,000 | €2,778 | 5.2% | — | 63 |
| rua Almirante Reis | Active | €255,000 | €2,452 | 16.3% | 60 | 61 |
| Median comp | €290,000 | €2,615 | 10.8% | 65 | 63 |
Short-term vacation rental Given the property's price of €293,000, which is 12.3% above the fair value of €260,854, investing in a short-term vacation rental appears financially imprudent. The gross yield of 0% further emphasizes that the potential return on investment may not justify the initial cost. Buy-and-hold With a fair value estimation significantly lower than the listing price, acquiring this property as a buy-and-hold investment would not align with sound financial prudence. The current condition score of 56/100 indicates a need for improvements that could amplify costs and dampen investment returns. Family rental Investing in this 4-bed apartment for family rental purposes is not advisable, with the property priced excessively at €293,000 and offering no immediate yield. The neighborhood quality scoring 67/100 suggests moderate attractiveness, but the high acquisition cost detracts from the investment's appeal for long-term family housing.
[Economic Risk] The property's economic stability score of 65/100 indicates potential vulnerability to market fluctuations, increasing the risk of financial instability for investors with a tenant stability score of only 60/100.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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