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 house of 87 m², built in 1951, energy rating D. Located Olhão parish, Olhão municipality, Faro district. This property features two independent entrances from different streets, enhancing its versatility for varied uses like dual residences or vacation rentals, and maximizing investment potential.
The valuation. The asking price of €295,000 is significantly below the fair value of €349,883, representing a discount of €54,883 (15.7%). This property is thus fairly positioned for an attractive investment opportunity.
Fair value modelled at €349,883 from 6 comparable sales in the area. Asking €295,000 sits €54,883 (15.7%) below — the upside to fair value.
Asking €295,000 versus the Olhão, Olhão, Faro area baseline of €350,220 (€4,026/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €350,220, adjusted for condition and micro-location, gives a modelled fair value of €349,883 (€4,022/m²), a €54,883 (15.7%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Olhão · 3a7452 | Subject | €295,000 | €3,391 | — | 62 | 71 |
| via Alameda em Olhão | Active | €230,000 | €2,500 | 26.3% | 58 | 70 |
| Olhão · 1f3589 | Active | €260,000 | €3,377 | 0.4% | 65 | 70 |
| Olhão · 6a942f | Active | €280,000 | €5,091 | 50.1% | 70 | 58 |
| travessa Luís de Camões | Active | €289,000 | €2,890 | 14.8% | 62 | 72 |
| Median comp | €270,000 | €3,134 | 7.6% | 64 | 70 |
Short-term vacation rental This property, listed at €295,000, presents a compelling opportunity for short-term vacation rentals due to its tourist-friendly location near central Algarve attractions. With a fair value of €349,883, it is currently underpriced by 15.7%, suggesting a strong potential for profitability. Long-term rental At a gross yield of 4.1%, this property is well-suited for long-term rental, appealing to families and professionals drawn to the neighborhood's amenities and overall quality. The 15.7% gap to fair value indicates that investing now could provide solid returns in a rental market bolstered by consistent demand. Buy-and-hold This property represents an attractive buy-and-hold investment strategy, given its underpricing and the overall health of the local housing market. The potential for appreciation, especially in a tourist-heavy economy like Olhão, makes it a worthwhile addition to a portfolio focused on long-term growth.
Economic Vulnerability The property faces a risk due to its economic stability score of 68/100, indicating potential fluctuations in local economic conditions that could impact 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
