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. Noteworthy Features: The property includes a spacious balcony perfect for outdoor leisure, and it is located in a private condominium with access to a swimming pool, enhancing its appeal for relaxation.
The valuation. The asking price of €165,000 is significantly below the fair value of €205,070, suggesting the property is underpriced by €40,070 (24.3%). This presents a unique opportunity for savvy investors. Buy-to-flip angle. With renovations needed due to builder-grade finishes, a buy-to-flip strategy could capitalize on increasing market demand, targeting a resale price that exceeds the investment in updates. Buy-to-let angle. Given the estimated gross yield of 6.2% (~€852/month) and the coastal location appealing to tourists, a buy-to-let strategy could produce steady rental income and capitalize on seasonal fluctuations.
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 €238,050 (€3,450/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.
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.
rua José Afonso
Area baseline €238,050 + 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.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua José Afonso | Subject | €165,000 | €2,391 | — | 57 | 70 |
| Albufeira e Olhos de Água · 09000a | Active | €160,000 | €2,807 | 17.4% | 55 | 71 |
| rua do Município, 18 | Active | €249,000 | €2,830 | 18.3% | — | 64 |
| rua Vasco Santana S / N | Active | €235,000 | €2,640 | 10.4% | 52 | 77 |
| Albufeira e Olhos de Água · 82c798 | Active | €265,000 | €2,704 | 13.1% | 48 | 66 |
| Median comp | €242,000 | €2,756 | 15.2% | 52 | 69 |
Short-term vacation rental The property offers a compelling yield of 6.2% gross, enhanced by its attractive location in a coastal tourist area popular with foreign visitors. With a price gap of 24.3% compared to fair value, this investment presents an opportunity for favorable cash flow through short-term rentals. Long-term rental Given the solid tenant quality in the neighborhood and a rental yield of 6.2% gross, this property is well-suited for long-term rental strategies. The property’s price, being 24.3% below fair value, offers the potential for significant appreciation and consistent income over time. Buy-and-hold With a fair value significantly higher than the listing price, this property can be positioned as an attractive buy-and-hold investment. The coastal location in Albufeira, coupled with a favorable yield of 6.2%, suggests a strong potential for long-term value appreciation as tourism continues to thrive in the region.
Economic Vulnerability The property has an economic stability score of 60/100, indicating potential risks associated with local economic fluctuations that could impact rental income and property value.
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