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.
3-bedroom, 4-bathroom house of 153 m² on the 1st floor, energy rating B. Located Olhão parish, Olhão municipality, Faro district. This property features a charming rooftop terrace with panoramic sea views, offering an ideal space for entertaining while enjoying the coastal ambiance of Olhão.
The valuation. The asking price of €430,000 sits very close to the fair value of €429,729, being off by only €271, which indicates that the property is fairly valued. This presents a stable option for investment with manageable risk.
Fair value modelled at €429,729 from 6 comparable sales in the area. Asking €430,000 sits €271 (0.1%) above — overpriced versus fair value.
Asking €430,000 versus the Olhão, Olhão, Faro area baseline of €392,284 (€2,564/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 is below the parish average, reducing 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 €392,284, adjusted for condition and micro-location, gives a modelled fair value of €429,729 (€2,809/m²), a €271 (0.1%) gap versus the €430,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Olhão · 2ce0a2 | Subject | €430,000 | €2,810 | — | 65 | 70 |
| Olhão · 1f3584 | Active | €850,000 | €2,843 | 1.2% | 76 | 66 |
| Quelfes · 4a44fa | Active | €980,000 | €2,192 | 22.0% | 80 | 71 |
| Quelfes · e3aa89 | Active | €649,000 | €2,937 | 4.5% | 84 | 59 |
| Quelfes · 57fc6f | Active | €480,000 | €2,775 | 1.3% | 80 | 63 |
| Median comp | €749,500 | €2,809 | 0.1% | 80 | 65 |
Short-term vacation rental The property is well-positioned in Algarve, a tourist hotspot, which could attract vacationers; however, the 3% gross yield suggests a limited upside. Its condition score of 68/100 indicates some need for improvements, which may affect profitability in a competitive rental market. Long-term rental While the property lies in a stable neighborhood with a score of 70/100, the yield of 3% is relatively modest compared to the potential options available in the area. Investors should consider the long-term employment stability issues linked to the area's tourism-dependent economy before committing. Buy-and-hold The property aligns well with a buy-and-hold strategy due to its fair value assessment; however, the limited yield of 3% and lower condition score indicate that the asset may not appreciate significantly over time. Prospective investors need to weigh the modest expected return against the potential risks posed by economic fluctuations tied to tourism. Not ideal for student housing Given the property's condition and neighborhood characteristics, it is not well-suited for student housing. The tourist-centric economy does not provide the stability that student rentals typically require. Not ideal for luxury market The qualities of this property do not align with the expectations of the luxury market; its condition and neighborhood score indicate limits on potential appreciation. Investing in a luxury segment here may not yield a favorable return.
Economic Vulnerability The economic stability score of 60/100 indicates a moderate risk of economic downturns affecting property value and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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