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 122 m², built in 2000, energy rating D. Located on rua 25 de Abril, 27, Pechão parish, Olhão municipality, Faro district. Noteworthy Features: The apartment includes a spacious private terrace, perfect for outdoor gatherings, and is located in a tranquil area, just minutes from Faro's vibrant amenities and beautiful beaches.
The valuation. The asking price of €348,800 sits moderately above the fair value of €340,804, reflecting a difference of €7,996 or 2.3%. This indicates that the property is fairly priced within the current market dynamics.
Fair value modelled at €340,804 from 6 comparable sales in the area. Asking €348,800 sits €7,996 (2.3%) above — overpriced versus fair value.
Asking €348,800 versus the rua 25 de Abril, 27 area baseline of €284,977 (€2,336/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €284,977, adjusted for condition and micro-location, gives a modelled fair value of €340,804 (€2,793/m²), a €7,996 (2.3%) gap versus the €348,800 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua 25 de Abril, 27 | Subject | €348,800 | €2,859 | — | 73 | 63 |
| Quelfes · 23f3bd | Active | €285,000 | €3,701 | 29.5% | 75 | 75 |
| rua 25 de Abril | Active | €380,000 | €2,375 | 16.9% | 74 | 55 |
| rua António Henriques Cabrita em Olhão | Active | €309,000 | €2,687 | 6.0% | 72 | 69 |
| avenida Dom João VI, 167 | Active | €285,000 | €3,239 | 13.3% | 63 | 60 |
| Median comp | €297,000 | €2,963 | 3.6% | 73 | 65 |
Short-term vacation rental This property is situated in a location benefiting from the Algarve's vibrant tourism-driven economy, yet it yields 0% gross, indicating it's overpriced for this investment strategy. Additionally, its seasonal employment may impact rental demand, which is a critical factor for successful short-term rentals. Buy-and-hold With a fair value slightly below the listed price, this property stands as a moderate option for a Buy-and-hold strategy, but a 2.3% gap from fair value suggests it is appropriately priced rather than a great opportunity. The condition score of 76/100 reflects decent quality, yet the neighbourhood's economic stability may hinder long-term appreciation. Long-term rental This property presents a fair investment option for long-term rental given its acceptable fair value, though the 0% gross yield signals potential challenges in generating substantial rental income. Moreover, the neighbourhood scoring 63/100 implies average conditions that could affect tenant retention and overall investment performance.
Tenant turnover risk The tenant stability score of 60/100 indicates a moderate risk of tenant turnover, which could lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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