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, 3-bathroom house of 68 m². Located Olhão parish, Olhão municipality, Faro district. Noteworthy Features: This expertly renovated traditional home features a unique vintage fireplace seamlessly integrated into the modern living space, enhancing its charm and ambiance.
The valuation. The asking price of €2,274,962 is significantly above fair value of €504,988, representing a staggering 350.5% markup. Verdict: overpriced. Buy-to-flip angle. With the current market dynamics, achieving a profitable flip would be unrealistic given the excessive asking price and projected resale limitations. Buy-to-let angle. Implementing a rental strategy will yield a gross yield of 0%, indicating that even short-term rentals may not cover the investment at this price point.
Fair value modelled at €504,988 from 6 comparable sales in the area. Asking €2,274,962 sits €1,769,974 (350.5%) above — overpriced versus fair value.
Asking €2,274,962 versus the Olhão, Olhão, Faro area baseline of €474,298 (€6,975/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €474,298, adjusted for condition and micro-location, gives a modelled fair value of €504,988 (€7,426/m²), a €1,769,974 (350.5%) gap versus the €2,274,962 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Olhão · 5da049 | Subject | €2,274,962 | €33,455 | — | 78 | 69 |
| Olhão · 6a92c5 | Active | €529,000 | €7,779 | 76.7% | 78 | 66 |
| avenida da Liberdade | Active | €980,000 | €4,804 | 85.6% | 74 | 68 |
| Olhão · cfddf5 | Active | €580,000 | €7,073 | 78.9% | 75 | 68 |
| Olhão · f46d43 | Active | €580,000 | €7,073 | 78.9% | 74 | 62 |
| Median comp | €580,000 | €7,073 | 78.9% | 75 | 67 |
Long-term rental The property in Olhão is overpriced at €2,274,962 compared to its fair value of €504,988, representing a gap of 350.5%. Given the current market conditions and the yield of 0%, pursuing a long-term rental strategy would not be financially viable. Short-term vacation rental At a listing price far exceeding the fair value, this property fails to present a sound investment for short-term vacation rentals, hampered by its 0% yield. Though the location benefits from tourism, the exorbitant price diminishes potential profitability significantly. Family rental With a fair value of €504,988 and a disparity of 350.5%, the current listing indicates that this property is not a financially sound option for family rental purposes. The yield of 0% and high purchase price make it less attractive as a long-term family home investment.
Economic Volatility Risk: With an economic stability score of 65/100, there is a notable risk of economic fluctuations that could impact rental income and property value.
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