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 125 m² on the 2nd floor, energy rating B. Located on rua da Feira, 27, Olhão parish, Olhão municipality, Faro district. This apartment features two balconies offering direct access from both the living room and bedrooms, enhancing the living experience with additional outdoor space.
The valuation. The asking price of €315,000 is approximately 9.4% below the fair value of €347,656, indicating that the property is fairly priced. This creates a balanced opportunity for potential buyers without the risks associated with overpricing.
Fair value modelled at €347,656 from 5 comparable sales in the area. Asking €315,000 sits €32,656 (9.4%) below — the upside to fair value.
Asking €315,000 versus the rua da Feira, 27 area baseline of €301,117 (€2,409/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €301,117, adjusted for condition and micro-location, gives a modelled fair value of €347,656 (€2,781/m²), a €32,656 (9.4%) gap versus the €315,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Feira, 27 | Subject | €315,000 | €2,520 | — | 67 | 62 |
| rua da Feira | Active | €319,500 | €2,556 | 1.4% | 65 | 64 |
| rua de Cândido do Ó Ventura, 5 | Active | €369,500 | €3,695 | 46.6% | 78 | 68 |
| rua Domingos Xavier Pereira, 3 | Active | €500,000 | €3,759 | 49.2% | 78 | 72 |
| rua Domingos Xavier Pereira | Active | €445,000 | €2,781 | 10.4% | 78 | 67 |
| Median comp | €407,250 | €3,238 | 28.5% | 78 | 68 |
Short-term vacation rental This apartment, with its favorable gross yield of 5.7%, aligns well with thriving tourism in Olhão, making it an appealing option for short-term vacation rentals. Despite a fair market valuation, the current listing price indicates a slight premium that could impact overall investment returns. Long-term rental The property presents a 5.7% gross yield, which is competitive for long-term rentals, particularly given the steady demand driven by the Algarve’s tourism sector. However, being fairly priced at €315,000 suggests that investors may want to proceed with caution regarding future price appreciation. Buy-and-hold With fair pricing relative to the estimated fair value of €347,656, this apartment may serve as a stable investment in a region characterized by its tourist appeal. Yet, the strong reliance on tourism for local employment necessitates a thorough assessment before committing to a long-term hold strategy.
[Economic Vulnerability] With an economic stability score of 55/100, the property faces risks related to potential economic downturns that could affect tenant retention and rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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