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 100 m² on the 2nd floor, energy rating E. Located on rua General Humberto Delgado, 21, Olhão parish, Olhão municipality, Faro district. Noteworthy Features: The apartment features high-quality, recent finishes and a functional layout that enhances the living experience in the bustling center of Olhão.
The valuation. The asking price of €240,000 is slightly below the fair value of €251,754, indicating a small discount of €11,754 (4.7%). This property is considered fairly priced relative to its market value.
Fair value modelled at €251,754 from 6 comparable sales in the area. Asking €240,000 sits €11,754 (4.7%) below — the upside to fair value.
Asking €240,000 versus the rua General Humberto Delgado, 21 area baseline of €216,942 (€2,169/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 €216,942, adjusted for condition and micro-location, gives a modelled fair value of €251,754 (€2,518/m²), a €11,754 (4.7%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua General Humberto Delgado, 21 | Subject | €240,000 | €2,400 | — | 74 | 62 |
| Quelfes · 622722 | Active | €270,000 | €3,140 | 30.8% | 75 | 64 |
| rua José Agostinho de Macedo, 8 | Active | €244,500 | €2,397 | 0.1% | 72 | 61 |
| avenida da República S / N | Active | €259,000 | €2,564 | 6.8% | 72 | 71 |
| rua Pedro Ninil | Active | €330,000 | €2,444 | 1.9% | 75 | 68 |
| Median comp | €264,500 | €2,504 | 4.3% | 74 | 66 |
Short-term vacation rental The property presents an adequate gross yield of 5.1%, aligned with the demand from tourists visiting the Algarve. However, its fair value of €251,754 indicates a slight premium, suggesting that while it offers tourist appeal, the pricing is reasonable rather than a true investment opportunity. Long-term rental With a fair value close to the listing price, the property may attract stable long-term tenants, given the neighborhood's average amenities rating of 62/100. Nonetheless, the economic landscape based heavily on tourism poses risks to job stability, which could impact tenant retention and rent prices over time. Buy-and-hold Holding this property for the long term may yield fair returns, especially in a region bustling with tourist activity, implied by the gross yield of 5.1%. However, the fair valuation suggests that investors should be cautious regarding appreciation potential, as it may not significantly outperform market trends in the short to medium term.
Economic and Tenant Instability The property is at risk due to a combined economic stability score of 55 and a tenant stability score of 60, indicating potential volatility with the local market and tenant retention.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
