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.
3-bedroom, 2-bathroom house of 245 m², built in 1985, energy rating E. Located Pechão parish, Olhão municipality, Faro district. This property features a substantial 840m² land area allowing for potential expansion or landscaping, complemented by separate storage rooms and an office on the ground floor.
The valuation. The asking price of €850,000 is slightly below the fair value of €876,989, representing a difference of €26,989 (3.1%). This property is priced fairly according to the current market evaluation.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Pechão · 834248 | Subject | €850,000 | €3,469 | — | — | 72 |
| travessa Luís de Camões | Active | €289,000 | €2,890 | 16.7% | 62 | 72 |
| Quelfes · 6fbc8e | Active | €570,000 | €2,591 | 25.3% | 70 | 59 |
| rua Serpa Pinto, 17 | Active | €620,000 | €3,131 | 9.7% | 70 | 62 |
| Conceição e Estoi · 1f351d | Active | €799,000 | €6,658 | 91.9% | 78 | 67 |
| Median comp | €595,000 | €3,011 | 13.2% | 70 | 65 |
Short-term vacation rental The property is fairly valued at €850,000, which aligns closely with the fair value of €876,989, indicating potential for a stable short-term rental market. However, the gross yield of 2.3% suggests that the property may not generate significant cash flow, limiting its attractiveness for vacation rental investors. Long-term rental This property is deemed fair based on its pricing relative to fair value, making it a reasonable option for long-term rental in Pechão, Olhão. Yet, with a gross yield of only 2.3%, the anticipated returns may not justify the initial investment for long-term rental strategies. Buy-and-hold The property is positioned fairly with a gap of just 3.1% against its fair value, suggesting it has adequate potential for long-term appreciation. Nevertheless, the low yield of 2.3% raises concerns about the profitability of holding this asset over time, given the reliance on tourism for economic stability in the Algarve.
Economic Vulnerability The property faces a risk due to a moderately low economic stability score of 65/100, indicating potential fluctuations in market conditions that could impact rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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