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 125 m² on the 2nd floor, energy rating B. Located on rua da Feira, Pechão parish, Olhão municipality, Faro district. Noteworthy Features: The apartment includes expansive balconies accessible from key living areas, enhancing outdoor connectivity and light, while its well-maintained building features an elevator for easy accessibility.
The valuation. The asking price of €319,500 sits €21,388 (6.3%) below the fair value of €340,888, indicating the property is valued fairly in the current market. This pricing creates a balanced investment opportunity for potential buyers.
Fair value modelled at €340,888 from 6 comparable sales in the area. Asking €319,500 sits €21,388 (6.3%) below — the upside to fair value.
Asking €319,500 versus the rua da Feira area baseline of €275,635 (€2,205/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €275,635, adjusted for condition and micro-location, gives a modelled fair value of €340,888 (€2,727/m²), a €21,388 (6.3%) gap versus the €319,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Feira | Subject | €319,500 | €2,556 | — | 65 | 64 |
| rua Manuel Martins Garrocho S / N | Active | €295,000 | €2,458 | 3.8% | 70 | 60 |
| Olhão · 3a7444 | Active | €290,000 | €2,762 | 8.1% | — | 63 |
| avenida Doutor Bernardino da Silva | Active | €315,000 | €2,692 | 5.3% | 76 | 65 |
| rua de Olivença, 19 | Active | €298,000 | €2,224 | 13.0% | 65 | 73 |
| Median comp | €296,500 | €2,575 | 0.7% | 70 | 64 |
Short-term vacation rental Given the property’s location near the Algarve coast, it is positioned within a strong tourism market, which supports demand for short-term rentals. However, with a gross yield of 3.5% and the property being fairly valued at €319,500, it may face challenges in maximizing returns compared to other opportunities in the region. Buy-and-hold The buy-and-hold strategy for this property may yield stable rental income in a market that remains attractive due to its proximity to tourism hotspots. Nevertheless, with its fair valuation, prospective investors should approach with caution, as long-term appreciation potential may not be as robust as initially anticipated. Family rental This property holds appeal for family renting given its size and the amenities available in the Olhão area. Yet, acceptance of its fair price diminishes its attractiveness compared to properties that may offer better value for family tenancy in the neighborhood.
Tenant turnover risk Tenants may not remain long-term due to the moderate tenant stability score of 65/100, potentially leading to increased vacancy rates and costs associated with finding new tenants.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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