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 house of 50 m². Located Olhão parish, Olhão municipality, Faro district. The property features a potential for a rooftop terrace, ideal for creating an outdoor space with views of the historic center and nearby waterfront.
The valuation. The asking price of €180,000 is significantly above the fair value of €105,270, indicating a mark-up of €74,730 or 71.0%. This property is thus considered overpriced.
Fair value modelled at €105,270 from 6 comparable sales in the area. Asking €180,000 sits €74,730 (71.0%) above — overpriced versus fair value.
Asking €180,000 versus the Olhão, Olhão, Faro area baseline of €155,200 (€3,104/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 10/100 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 €155,200, adjusted for condition and micro-location, gives a modelled fair value of €105,270 (€2,105/m²), a €74,730 (71.0%) gap versus the €180,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Olhão · 5b859c | Subject | €180,000 | €3,600 | — | — | 60 |
| Olhão · 82c6a1 | Active | €700,000 | €1,961 | 45.5% | — | 65 |
| Olhão · 15e391 | Active | €220,000 | €3,793 | 5.4% | — | 72 |
| rua Belmonte de Cima, 307 | Active | €400,000 | €1,818 | 49.5% | — | 62 |
| azinhaga da Patinha | Active | €259,900 | €3,938 | 9.4% | 20 | 65 |
| Median comp | €329,950 | €2,877 | 20.1% | 20 | 65 |
Short-term vacation rental This property is overpriced at €180,000, significantly exceeding the fair value of €105,270 by 71%. While the gross yield of 8.7% hints at potential returns, the high cost undermines viability in the competitive short-term rental market of the Algarve. Buy-and-hold Investing in this property as a buy-and-hold strategy would be unwise given its significant price gap of 71% above the fair value. The current valuation does not support long-term capital appreciation, making it a risky investment choice in the Olhão area. Family rental The property, despite being in a desirable location, is overpriced at €180,000, which is a 71% premium over its fair value. This inflated price limits the potential to attract quality long-term tenants, making it less suitable for a family rental strategy.
Economic and tenant instability risk With an economic stability score of 55 and a tenant stability score of 60, this property may face challenges due to potential fluctuations in tenant demand and economic conditions, which could affect rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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