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, 0-bathroom house of 57 m². Located Olhão parish, Olhão municipality, Faro district. This property features a quiet pedestrian street setting and is situated just 100 meters from Olhão's traditional markets, enhancing its investment potential and cultural appeal.
The valuation. The asking price of €270,000 exceeds the estimated fair value of €206,650 by €63,350, or 30.7%. This property is overpriced compared to its true worth. Buy-to-flip angle. The strategy would involve purchasing the property and aiming for a quick resale at a higher price. However, given its condition rating of 0/100, substantial renovations would be necessary. Buy-to-let angle. With a gross yield of 4.9%, this property could generate estimated rental income of €1,102 per month. The area is tourist-focused, making it suitable for long-term or short-term vacation rentals.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Olhão · 76b4b4 | Subject | €270,000 | €4,737 | — | — | 70 |
| travessa Doutor Paula Nogueira S / N | Active | €199,000 | €3,491 | 26.3% | 40 | 62 |
| Quelfes · 374ff2 | Active | €180,000 | €3,273 | 30.9% | 30 | 65 |
| azinhaga da Patinha | Active | €259,900 | €3,938 | 16.9% | 20 | 65 |
| Olhão · 15e391 | Active | €220,000 | €3,793 | 19.9% | — | 72 |
| Median comp | €209,500 | €3,642 | 23.1% | 30 | 65 |
Long-term rental The current listing price of €270,000 is significantly above the fair value of €206,650, resulting in an overpriced property with a 30.7% gap. Additionally, the gross yield of 4.9% is modest and does not justify the elevated price point, making it less attractive for long-term investment. Short-term vacation rental Given the tourist-focused nature of the area, this property may initially seem appealing for short-term vacation rentals; however, it is still overpriced at €270,000 compared to the fair value of €206,650. The 4.9% gross yield is underwhelming given the high acquisition cost, which could deter potential investors looking for solid returns. Family rental This two-bedroom house might be suitable for families looking for accommodation in a suburban setting, but with a listing price of €270,000, it is overpriced relative to its fair value of €206,650. The neighbourhood quality score of 70/100 is decent, but the excessive purchase price severely limits the investment's appeal for family rentals.
Economic Dependence Risk: With both economic stability and tenant stability scores at 65/100, there is a significant risk of financial volatility affecting rental income due to potential fluctuations in market conditions.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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