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.
1-bedroom, 2-bathroom duplex of 69 m², built in 1983, energy rating C. Located on rua José Afonso, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Property Feature: This duplex boasts a generous balcony suitable for outdoor dining, while located in a private condominium that enhances its appeal with a communal swimming pool.
The valuation. The asking price of €165,000 positions the property significantly below its fair value of €280,484, representing a discount of €115,484 or 70.0%. This indicates a compelling opportunity for investors seeking undervalued assets.
Fair value modelled at €205,070 from the area baseline, adjusted for condition and location. Asking €165,000 sits €40,070 (24.3%) below — the upside to fair value.
Asking €165,000 versus the rua José Afonso area baseline of €209,346 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 56/100 (Condition 57 · Materials 53 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 70/100 (Housing Market 80 · Amenities 70 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua José Afonso
Area baseline €209,346 + condition -€21,023 + location +€16,748 = modelled fair value of €205,070 (€2,972/m²), a €40,070 (24.3%) gap versus the €165,000 asking price.
Short-term vacation rental This property presents a strong opportunity in the short-term vacation rental market, given the high tourist demand in Albufeira e Olhos de Água, combined with its substantial 70.0% gap from fair value. With a gross yield of 6.2%, investors can capitalize on the lucrative vacation rental market while benefiting from potential property appreciation. Long-term rental The 1-bed duplex has a stable yield of 6.2%, making it an attractive option for long-term rental investors seeking consistent returns in the popular Algarve region. With the property priced significantly below its fair value, it is positioned to generate solid rental income over time. Buy-and-hold This property is an appealing buy-and-hold investment due to its strong location in a desirable vacation area, with a fair value gap of 70.0%. Owning this duplex in Albufeira e Olhos de Água can lead to long-term appreciation, benefiting investors who hold the asset as the market continues to thrive.
Moderate Economic Risk The economic stability score of 60 indicates potential volatility, which may affect long-term tenant retention and rental income stability.