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, built in 2022, energy rating A. Located on rua de Cândido do Ó Ventura, 5, Olhão parish, Olhão municipality, Faro district. Noteworthy Features: This apartment includes two spacious balconies with panoramic views and a modern kitchen seamlessly connecting to the living space, enhancing both comfort and entertainment options.
The valuation. The asking price of €369,500 is €34,955 (10.4%) above the fair value of €334,545. This property is assessed as fairly priced based on its location and condition. Buy-to-flip angle. The short-term vacation rental strategy could enable quick resale, capitalizing on tourism demand, particularly given its proximity to the Algarve coast. Buy-to-let angle. A long-term rental strategy would yield an estimated monthly income of €1,047, resulting in a gross yield of 3.4%, which is a viable return on investment for buy-and-hold investors.
Fair value modelled at €334,545 from 6 comparable sales in the area. Asking €369,500 sits €34,955 (10.4%) above — overpriced versus fair value.
Asking €369,500 versus the rua de Cândido do Ó Ventura, 5 area baseline of €276,505 (€2,765/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €276,505, adjusted for condition and micro-location, gives a modelled fair value of €334,545 (€3,345/m²), a €34,955 (10.4%) gap versus the €369,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Cândido do Ó Ventura, 5 | Subject | €369,500 | €3,695 | — | 78 | 68 |
| avenida dos Bombeiros Municipais de Olhão | Active | €361,000 | €3,252 | 12.0% | 75 | 74 |
| rua Domingos Xavier Pereira, 3 | Active | €500,000 | €3,759 | 1.7% | 78 | 72 |
| rua Domingos Xavier Pereira | Active | €445,000 | €2,781 | 24.7% | 78 | 67 |
| avenida Dom João VI | Active | €399,000 | €4,030 | 9.1% | 85 | 63 |
| Median comp | €422,000 | €3,506 | 5.1% | 78 | 70 |
Short-term vacation rental The property is well-positioned for short-term vacation rental opportunities due to its proximity to the Algarve coast, appealing to tourists looking for accommodations. However, with a fair value indicating potential pricing concerns, returns are expected to be modest with a gross yield of 3.4%. Long-term rental Although the property offers stable appeal for long-term tenants, the current listing suggests the market is priced at fair value rather than offering a significant return advantage. With a neighbourhood score of 68/100, it may attract steady occupancy, but the gross yield of 3.4% reflects limited upside potential. Buy-and-hold As a buy-and-hold investment, this property could appreciate in line with the regional market, benefiting from the tourist influx to Olhão, but it is essential to recognize the fair valuation status. Investors should approach cautiously, as the 10.4% gap against fair value suggests limited immediate gains despite the property’s good condition and rental potential.
Economic Sensitivity The property faces a significant risk due to its economic stability score of 55/100, indicating potential vulnerability to downturns that may affect rental income and tenant demand.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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