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, 3-bathroom house of 255 m², energy rating D. Located on rua Joaquim Agostinho, Pechão parish, Olhão municipality, Faro district. Noteworthy Features: The property's spacious basement is a versatile area suitable for various uses, including a gym or independent apartment, adapting to any future owner's needs.
The valuation. The asking price of €699,000 sits below the fair value of €830,167, reflecting a difference of €131,167 (15.8%). This property is therefore considered underpriced in the current market.
Fair value modelled at €830,167 from 6 comparable sales in the area. Asking €699,000 sits €131,167 (15.8%) below — the upside to fair value.
Asking €699,000 versus the rua Joaquim Agostinho area baseline of €640,029 (€2,510/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €640,029, adjusted for condition and micro-location, gives a modelled fair value of €830,167 (€3,256/m²), a €131,167 (15.8%) gap versus the €699,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Joaquim Agostinho | Subject | €699,000 | €2,741 | — | 70 | 58 |
| azinhaga da Patinha | Active | €570,000 | €3,000 | 9.4% | 73 | 73 |
| rua Joaquim Agostinho | Active | €790,000 | €3,511 | 28.1% | 72 | 71 |
| rua das Lavadeiras | Active | €410,000 | €4,184 | 52.6% | 73 | 73 |
| Olhão · 3a73a5 | Active | €890,000 | €4,495 | 64.0% | 74 | 64 |
| Median comp | €680,000 | €3,848 | 40.4% | 73 | 72 |
Short-term vacation rental The property is well-suited for short-term vacation rentals due to its location in the Algarve region and proximity to coastal areas, contributing to robust tourist demand. With a fair value of €830,167 compared to a listing price of €699,000, this investment presents a compelling opportunity with a 5.3% gross yield. Long-term rental Given the property’s fair value of €830,167 and its listed price of €699,000, the potential for strong long-term rental income exists, bolstered by a desirable neighborhood for residential living. The gross yield of 5.3% further enhances its attractiveness for sustained rental returns. Buy-and-hold The listing price of €699,000 is significantly below the fair value of €830,167, indicating solid potential for appreciation in the buy-and-hold strategy over time. This underpriced asset in a favorable rental market suggests positive long-term capital gains while benefiting from a consistent gross yield of 5.3%.
Economic and Tenant Instability Risk The property bears an economic stability score of 55/100 and tenant stability score of 60/100, indicating a heightened risk of fluctuations in rental income and potential vacancies due to the underlying instability reflected in these scores.
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