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, 2-bathroom apartment of 107 m². Located Olhão parish, Olhão municipality, Faro district. Proximity to amenities: This ground-floor apartment features direct access to local shops and services, enhancing convenience for daily living and reducing transportation needs.
The valuation. The asking price of €340,000 is significantly above fair value at €292,363, representing an overpricing of €47,637 (16.3%). This suggests that the property may not be a wise investment at the current listing price.
Fair value modelled at €292,363 from 6 comparable sales in the area. Asking €340,000 sits €47,637 (16.3%) above — overpriced versus fair value.
Asking €340,000 versus the Olhão, Olhão, Faro area baseline of €287,495 (€2,687/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 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 €287,495, adjusted for condition and micro-location, gives a modelled fair value of €292,363 (€2,732/m²), a €47,637 (16.3%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Olhão · cc9958 | Subject | €340,000 | €3,178 | — | 65 | 71 |
| Quelfes · 831526 | Active | €340,000 | €3,178 | 0% | 75 | 63 |
| rua Doutor Estevão de Vasconcelos, 20 | Active | €375,000 | €2,778 | 12.6% | — | 63 |
| rua Almirante Reis | Active | €255,000 | €2,452 | 22.8% | 60 | 61 |
| rua António Henriques Cabrita em Olhão | Active | €309,000 | €2,687 | 15.4% | 72 | 69 |
| Median comp | €324,500 | €2,733 | 14.0% | 72 | 63 |
Short-term vacation rental This property is not suitable for short-term vacation rental, as it is overpriced by 16.3% compared to its fair value of €292,363. With a gross yield of 0% and a condition rating of 64/100, potential returns are unlikely to cover the investment. Long-term rental Investing in this property for long-term rental is unwise, considering its overpriced status, with a significant gap against fair value at 16.3%. The combination of a 0% gross yield and a neighborhood rating of 71/100 suggests that tenant demand will not justify the high purchase price. Buy-and-hold A buy-and-hold strategy is not advisable due to the property being overpriced by 16.3%, well above the fair value of €292,363. Given its current condition rating of 64/100 and lack of yield, the prospects for appreciation in line with the financial outlay appear weak.
Economic Vulnerability With both economic and tenant stability scores at 65/100, there is a heightened risk of fluctuations in rental income due to potential market instability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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