Olhão – Real Estate Investment Overview
Data updated monthly.Last update:May 3, 2026
Faro district
Confidence
Medium
Market Overview: Score, Prices and Rental Yields
Market Score
53Fair
53 / 100
Investability
35Price momentum
50Rental demand
54Sales demand
43Median Sale Price
€424,830
1M
+1.2%
1Y
+7.8%
| Month | Median Sale Price |
|---|---|
| June | €385,000 |
| July | €390,000 |
| August | €390,000 |
| September | €392,540 |
| October | €401,780 |
| November | €413,660 |
| December | €413,660 |
| January | €420,000 |
| February | €422,560 |
| March | €420,000 |
| April | €420,000 |
| May | €424,830 |
Median Rent Price
€1,500
1M
0%
1Y
+3.4%
| Month | Median Rent Price |
|---|---|
| June | €1,350 |
| July | €1,400 |
| August | €1,330 |
| September | €1,300 |
| October | €1,200 |
| November | €1,300 |
| December | €1,300 |
| January | €1,400 |
| February | €1,300 |
| March | €1,500 |
| April | €1,500 |
| May | €1,500 |
Gross Rental Yield
4.55%
1M
+9.7%
1Y
+4.4%
| Month | Gross Rental Yield |
|---|---|
| June | 4.76% |
| July | 4.93% |
| August | 4.53% |
| September | 4.68% |
| October | 4.1% |
| November | 4.36% |
| December | 3.8% |
| January | 3.63% |
| February | 3.72% |
| March | 4.14% |
| April | 4.15% |
| May | 4.55% |
Square meter cost
€3,350
1M
+1.9%
1Y
+6.1%
| Month | Square meter cost |
|---|---|
| June | €3,090 |
| July | €3,050 |
| August | €3,130 |
| September | €3,090 |
| October | €3,140 |
| November | €3,210 |
| December | €3,230 |
| January | €3,260 |
| February | €3,280 |
| March | €3,260 |
| April | €3,280 |
| May | €3,350 |
Market Breakdown
Listings by property size
Studio (55%)
1 bedroom (5%)
2 bedroom (21%)
3 bedroom (16%)
4+ bedroom (4%)
| Category | Listings by property size |
|---|---|
| Studio (55%) | 169 listings (55%) |
| 1 bedroom (5%) | 15 listings (5%) |
| 2 bedroom (21%) | 63 listings (21%) |
| 3 bedroom (16%) | 49 listings (16%) |
| 4+ bedroom (4%) | 11 listings (4%) |
Sales Activity Index
17 %
Rent Activity Index
36 %
Gross Rental Yield
| Category | Gross Rental Yield |
|---|---|
| Studio | 3.4% |
| 1 bedroom | 3.75% |
| 2 bedroom | 6.37% |
| 3 bedroom | 4.71% |
| 4+ bedroom | 0% |
| Category | Gross Rental Yield |
|---|---|
| < 30 m² apartments | 0% |
| 30-40 m² apartments | 0% |
| 40-50 m² apartments | 0% |
| 50-60 m² apartments | 0% |
| 60-70 m² apartments | 0% |
| 70-80 m² apartments | 0% |
| 80-90 m² apartments | 4.98% |
| 90-100 m² apartments | 4.29% |
| 100-110 m² apartments | 4.86% |
| 110-120 m² apartments | 4.69% |
| 120-130 m² apartments | 4.79% |
| 130-140 m² apartments | 5.04% |
| 140-150 m² apartments | 3.13% |
Square meter cost
| Category | Square meter cost |
|---|---|
| Studio | €4,650 |
| 1 bedroom | €3,950 |
| 2 bedroom | €3,010 |
| 3 bedroom | €2,900 |
| 4+ bedroom | €2,720 |
| Category | Square meter cost |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 0 |
| 50-60 m² apartments | 4040 |
| 60-70 m² apartments | 3690 |
| 70-80 m² apartments | 3330 |
| 80-90 m² apartments | 3360 |
| 90-100 m² apartments | 3720 |
| 100-110 m² apartments | 3630 |
| 110-120 m² apartments | 3520 |
| 120-130 m² apartments | 3310 |
| 130-140 m² apartments | 3260 |
| 140-150 m² apartments | 4650 |
Number of listings for sale
| Category | Number of listings for sale |
|---|---|
| Studio | 158 |
| 1 bedroom | 13 |
| 2 bedroom | 54 |
| 3 bedroom | 42 |
| 4+ bedroom | 11 |
| Category | Number of listings for sale |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 0 |
| 50-60 m² apartments | 2 |
| 60-70 m² apartments | 4 |
| 70-80 m² apartments | 12 |
| 80-90 m² apartments | 20 |
| 90-100 m² apartments | 29 |
| 100-110 m² apartments | 25 |
| 110-120 m² apartments | 20 |
| 120-130 m² apartments | 47 |
| 130-140 m² apartments | 44 |
| 140-150 m² apartments | 17 |
Number of listings for rent
| Category | Number of listings for rent |
|---|---|
| Studio | 11 |
| 1 bedroom | 2 |
| 2 bedroom | 9 |
| 3 bedroom | 7 |
| 4+ bedroom | 0 |
| Category | Number of listings for rent |
|---|---|
| < 30 m² apartments | 1 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 0 |
| 50-60 m² apartments | 0 |
| 60-70 m² apartments | 0 |
| 70-80 m² apartments | 0 |
| 80-90 m² apartments | 2 |
| 90-100 m² apartments | 7 |
| 100-110 m² apartments | 6 |
| 110-120 m² apartments | 2 |
| 120-130 m² apartments | 3 |
| 130-140 m² apartments | 1 |
| 140-150 m² apartments | 4 |
Market Trends
Top submarkets
Premium
NameScoreGross YieldMedian Sale Price
Potential annual revenue
€18k
Studio
€20.4k
1 bedroom
€12k
2 bedroom
€18k
3 bedroom
€18k
Median Sale Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| June | €285.5k | €348k | €394.0k | €297.5k |
| July | €250k | €346.5k | €394.0k | €325k |
| August | €295k | €360k | €394.0k | €311.3k |
| September | €300k | €393.8k | €394.0k | €406.2k |
| October | €300k | €420k | €404.8k | €420k |
| November | €330k | €445k | €412.2k | €481.6k |
| December | €562.5k | €490k | €404.8k | €505.7k |
| January | €487k | €602.4k | €413.7k | €505.7k |
| February | €525k | €529k | €413.7k | €505.7k |
| March | €525k | €475k | €413.7k | €505.7k |
| April | €589k | €480k | €413.7k | €505.7k |
| May | €320k | €282.5k | €382.5k | €462k |
Median Rent Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| June | €1,080 | €1,400 | €1,350 | €1,700 |
| July | €1,500 | €1,400 | €1,330 | -- |
| August | €1,500 | €1,250 | €1,350 | -- |
| September | €1,300 | €1,150 | €1,500 | €1,500 |
| October | €1,000 | €1,250 | €1,300 | €1,500 |
| November | €1,020 | €1,450 | €1,630 | €1,650 |
| December | €940 | €1,300 | €1,400 | €1,500 |
| January | €1,100 | €1,500 | €1,450 | -- |
| February | €1,100 | €1,500 | €1,500 | -- |
| March | -- | €1,500 | €1,500 | -- |
| April | €1,200 | €1,500 | €1,500 | -- |
| May | €1,000 | €1,500 | €1,500 | -- |
Years to profit (sale to rent ratio)
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| June | 22.13 | 20.71 | 24.32 | 14.58 |
| July | 13.89 | 20.63 | 24.78 | -- |
| August | 16.39 | 24.01 | 24.32 | -- |
| September | 19.23 | 28.53 | 21.89 | 22.57 |
| October | 25 | 28 | 25.95 | 23.33 |
| November | 26.86 | 25.57 | 21.14 | 24.32 |
| December | 49.73 | 31.41 | 24.09 | 28.09 |
| January | 36.89 | 33.47 | 23.77 | -- |
| February | 39.77 | 29.39 | 22.98 | -- |
| March | -- | 26.39 | 22.98 | -- |
| April | 40.9 | 26.67 | 22.98 | -- |
| May | 26.67 | 15.69 | 21.25 | -- |
Square meter cost
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| June | €4,080 | €2,970 | €2,980 | €2,610 |
| July | €3,520 | €2,990 | €2,980 | €2,580 |
| August | €3,640 | €3,080 | €2,980 | €2,530 |
| September | €3,490 | €3,310 | €2,980 | €2,660 |
| October | €3,660 | €3,410 | €3,070 | €2,760 |
| November | €3,880 | €3,650 | €3,120 | €3,050 |
| December | €6,540 | €4,020 | €3,110 | €3,200 |
| January | €5,660 | €4,940 | €3,130 | €3,200 |
| February | €6,100 | €4,340 | €3,130 | €3,200 |
| March | €6,100 | €3,960 | €3,050 | €3,060 |
| April | €6,850 | €4,070 | €3,130 | €2,960 |
| May | €3,950 | €3,010 | €2,900 | €2,720 |
Investment Insights by Districts
##
Gross Rental Yield
- %
Median Sale Price
-
Median Rent Price
-
Premium
##
Gross Rental Yield
20 %
Median Sale Price
€88.9k
Median Rent Price
€8,890
Premium
##
Gross Rental Yield
20 %
Median Sale Price
€88.9k
Median Rent Price
€8,890
Premium
##
Gross Rental Yield
20 %
Median Sale Price
€88.9k
Median Rent Price
€8,890
Premium
##
Gross Rental Yield
20 %
Median Sale Price
€88.9k
Median Rent Price
€8,890
About Olhão
Olhão is a coastal town in the Faro district of Portugal, in the eastern Algarve. Compact yet vibrant, it sits beside tranquil lagoons and a busy harbour that preserves a longstanding fishing heritage. Its whitewashed streets, traditional markets, and waterways reflect a maritime history and a close-knit community. Economically, Olhão benefits from an active fishing and seafood processing sector, complemented by a maritime services cluster and a growing tourism footprint. A well-connected shoreline and marina support leisure boating and day-tripper visitors, while proximity to Faro broadens access to transport, services, and broader regional markets. Rental demand tends to be shaped by a mix of residents and temporary visitors. Professionals and retirees seek a coastal lifestyle, while seasonal tourism and the appeal to digital nomads sustain demand for short- and mid-term homes throughout the year.
All | 4.55 % | 278 | 29 | €424,830 | €1,500 |
Studio | 3.4 % | 158 | 11 | €600,000 | €1,700 |
1 Bedroom | 3.75 % | 13 | 2 | €320,000 | €1,000 |
2 Bedrooms | 6.37 % | 54 | 9 | €282,500 | €1,500 |
3 Bedrooms | 4.71 % | 42 | 7 | €382,500 | €1,500 |
4+ Bedrooms | -- % | 11 | -- | €462,000 | -- |
Low Yield (<=4%)
Moderate Yield (4% - 5%)
High Yield (5% - 7%)
Very High Yield (7% - 9%)
Target Yield (>9%)
Summary and Key Takeaways
With a median rental yield of 4.55% and property prices starting at €282,500, Olhão
may become a good investment option for some investors.
Median property prices in Olhão are €424,830, while the median rent is €1,500. This means that a median property in Olhão will pay for itself in 23.6 years.
Detailed real estate yield breakdown:
A median Studio apartment: 3.40% yield, sale price €600,000, rent €1,700.
A median 1-bedroom apartment: 3.75% yield, sale price €320,000, rent €1,000.
A median 2-bedroom apartment: 6.37% yield, sale price €282,500, rent €1,500.
A median 3-bedroom apartment: 4.71% yield, sale price €382,500, rent €1,500.
A median 4+ bedroom apartment: --% yield, sale price €462,000, rent --.
Where exactly to buy the property?