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, 3-bathroom duplex of 166 m², built in 2019, energy rating B. Located on rua Carlos da Maia, 35, Olhão parish, Olhão municipality, Faro district. This duplex features a spacious rooftop terrace exceeding 50 m², offering versatile outdoor living options and stunning views over the Ria Formosa.
The valuation. The asking price of €825,000 is above the fair value of €771,698, indicating a premium of €53,302 (6.9%). Although slightly elevated, the property is ultimately assessed to be fairly priced.
Fair value modelled at €771,698 from 6 comparable sales in the area. Asking €825,000 sits €53,302 (6.9%) above — overpriced versus fair value.
Asking €825,000 versus the rua Carlos da Maia, 35 area baseline of €667,726 (€4,022/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €667,726, adjusted for condition and micro-location, gives a modelled fair value of €771,698 (€4,649/m²), a €53,302 (6.9%) gap versus the €825,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Carlos da Maia, 35 | Subject | €825,000 | €4,970 | — | 80 | 71 |
| rua Custódio Domingos Pereira Neto | Active | €430,000 | €4,624 | 7.0% | 78 | 70 |
| azinhaga da Patinha | Active | €410,690 | €3,111 | 37.4% | 82 | 68 |
| rua Rainha Santa Isabel | Active | €465,000 | €22,143 | 345.5% | 78 | 64 |
| Olhão · 002284 | Active | €1,290,000 | €10,932 | 120.0% | 85 | 60 |
| Median comp | €447,500 | €7,778 | 56.5% | 80 | 66 |
Short-term vacation rental This 2-bed duplex in Olhão, priced at €825,000, may experience moderate demand in the vacation rental market given its location in Algarve, known for its tourism. However, with a gross yield of 2.5% and a fair value of €771,698, the investment outlook suggests it is only performing at a fair level relative to its potential returns. Long-term rental The property shows promise for long-term rentals in the Olhão neighborhood, yet with a fair value gap of 6.9%, it suggests that while the rental market is stable, the investment does not offer compelling upside. Its 2.5% yield aligns with the average expectations, but the return does not necessarily signify a strong cash flow opportunity. Family rental The 2-bed duplex could cater adequately to family tenants, benefiting from the decent condition rating of 85/100 and the neighborhood’s amenities. Nevertheless, with the property listed above its fair value, the overall investment proposition remains within the realm of fair, lacking the attractive characteristics typically sought for family rentals. Not ideal for: Student housing, Luxury market.
Tenant turnover risk A tenant stability score of 75/100 indicates the possibility of turnover that could affect cash flow, especially when combined with a moderate economic stability score of 65/100.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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