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, 3-bathroom house of 188 m², built in 2004, energy rating D. Located Olhão parish, Olhão municipality, Faro district. Noteworthy Features: The property includes a 85 m² rooftop terrace with a pergola and panoramic sea views, promoting an exceptional outdoor living experience. Valuation Verdict: fair.
The valuation. The asking price of €549,000 is €56,329 (11.4%) above the fair value of €492,671, indicating the property is overpriced. This disparity suggests potential investors should approach this listing with caution.
Fair value modelled at €492,671 from 6 comparable sales in the area. Asking €549,000 sits €56,329 (11.4%) above — overpriced versus fair value.
Asking €549,000 versus the Olhão, Olhão, Faro area baseline of €406,475 (€2,162/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €406,475, adjusted for condition and micro-location, gives a modelled fair value of €492,671 (€2,621/m²), a €56,329 (11.4%) gap versus the €549,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Olhão · c83a21 | Subject | €549,000 | €2,920 | — | 76 | 63 |
| rua Joaquim Agostinho | Active | €699,000 | €2,741 | 6.1% | 70 | 58 |
| azinhaga da Patinha | Active | €570,000 | €3,000 | 2.7% | 73 | 73 |
| Quelfes · 800368 | Active | €515,000 | €3,160 | 8.2% | 80 | 59 |
| Quelfes · 99f3f9 | Active | €500,000 | €2,101 | 28.1% | 70 | 63 |
| Median comp | €542,500 | €2,871 | 1.7% | 72 | 61 |
Short-term vacation rental The property is priced at €549,000, which is 11.4% above its fair value of €492,671, indicating it is overpriced for the short-term vacation rental market. Given a gross yield of only 3.3%, potential returns may not justify the high purchase price in a competitive tourist-centric region. Long-term rental With a listing price of €549,000, this property is 11.4% higher than its fair value of €492,671, categorizing it as overpriced for long-term rental investments. The relatively low yield of 3.3% further diminishes its attractiveness as a solid investment in a market focused on consistent rental income. Buy-and-hold At a listing price of €549,000, which exceeds the fair value by 11.4%, this property is considered overpriced for a buy-and-hold strategy. While the condition rating stands at 80/100, the lackluster yield of 3.3% may limit long-term appreciation potential in the evolving Algarve housing market.
Moderate Economic and Tenant Risk The economic stability score of 60/100 suggests potential fluctuations in market conditions, while the tenant stability score of 60/100 indicates a risk of tenant turnover, which could affect rental income stability.
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
