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.
1-bedroom, 2-bathroom townhouse of 107 m², built in 2025, energy rating B. Located on travessa Heliodoro Salgado, Olhão parish, Olhão municipality, Faro district. Noteworthy Features: The property includes a pre-installed technical room for an outdoor kitchen, enhancing its entertainment potential, and a rooftop terrace with unobstructed views of historic Olhão.
The valuation. The asking price of €635,000 sits €81,429 (14.7%) above the fair value of €553,571, indicating that the property is overpriced for the current market conditions.
Fair value modelled at €553,571 from 6 comparable sales in the area. Asking €635,000 sits €81,429 (14.7%) above — overpriced versus fair value.
Asking €635,000 versus the travessa Heliodoro Salgado area baseline of €500,335 (€4,676/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 €500,335, adjusted for condition and micro-location, gives a modelled fair value of €553,571 (€5,174/m²), a €81,429 (14.7%) gap versus the €635,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa Heliodoro Salgado | Subject | €635,000 | €5,935 | — | 75 | 65 |
| rua do Comércio, 96 | Active | €745,000 | €10,493 | 76.8% | 75 | 74 |
| rua Doutor Ataíde Oliveira | Active | €395,000 | €5,064 | 14.7% | 75 | 73 |
| Olhão · 0239df | Active | €745,000 | €10,493 | 76.8% | 74 | 80 |
| rua Doutor Ataíde Oliveira | Active | €395,000 | €5,064 | 14.7% | 68 | 68 |
| Median comp | €570,000 | €7,779 | 31.1% | 75 | 74 |
Short-term vacation rental This property is not positioned effectively for the short-term vacation rental market due to its 14.7% premium over the fair value of €553,571, which implies lower potential returns. With a gross yield of only 2.5%, the investment does not align with the demand-driven nature of a tourist-oriented economy. Long-term rental While long-term rental options exist, the listing price of €635,000 is excessive compared to the fair value, resulting in a less attractive investment opportunity. The condition rating of 80/100 may attract tenants, but the inflated price hampers yield potential at just 2.5%. Buy-and-hold Holding this property for future appreciation is challenged by its current listing being 14.7% higher than fair value and significant tourist reliance impacting economic stability. The high entry price of €635,000 does not make for a wise buy-and-hold strategy, particularly with a low yield of 2.5% in an area that accommodates transient populations.
Economic Vulnerability The economic stability score of 65 indicates potential fluctuations in local economic conditions that could impact tenant retention and rental income.
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