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, 4-bathroom house of 182 m², energy rating E. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Unique Feature: This property includes a private gym in the basement, allowing residents to maintain an active lifestyle without leaving home, enhancing its appeal for fitness enthusiasts. Noteworthy Aspect: The large private terrace offers direct access to the condominium's well-maintained pool, perfect for relaxing and entertaining outdoors.
The valuation. The asking price of €524,000 is significantly below the fair value of €600,742, creating an opportunity with a discount of €76,742 (14.6%). Verdict: underpriced. Buy-to-flip angle. The strategy involves acquiring the property at this attractive price point, enhancing its value through minor renovations, and then reselling in a strong market for a profit. Buy-to-let angle. With an estimated gross yield of 3.5% or approximately €1,528 per month, the property can produce stable rental income, particularly in the sought-after tourist region near the Algarve coast.
Fair value modelled at €600,742 from the area baseline, adjusted for condition and location. Asking €524,000 sits €76,742 (14.6%) below — the upside to fair value.
Asking €524,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €552,188 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 75 · Materials 82 · Room dimensions 85). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 64/100 (Housing Market 70 · Amenities 60 · Economic 65 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €552,188 + condition +€17,631 + location +€30,923 = modelled fair value of €600,742 (€3,301/m²), a €76,742 (14.6%) gap versus the €524,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 25f562 | Subject | €524,000 | €2,879 | — | 75 | 64 |
| Albufeira e Olhos de Água · ba5b1b | Active | €525,000 | €1,981 | 31.2% | 75 | 73 |
| Ferreiras · 6fbc55 | Active | €555,000 | €2,775 | 3.6% | 75 | 78 |
| Albufeira e Olhos de Água · 96c6ca | Active | €849,000 | €3,949 | 37.2% | 72 | 74 |
| Albufeira e Olhos de Água · ba3e5d | Active | €420,000 | €2,295 | 20.3% | 72 | 76 |
| Median comp | €540,000 | €2,535 | 12.0% | 74 | 75 |
Short-term vacation rental The property, located near the Algarve coast, is well-positioned for the short-term vacation rental market, catering to the influx of tourists. With a fair value indicating a potential growth of 14.6%, it aligns well with the demand for holiday accommodations in Albufeira. Buy-and-hold This investment strategy is suitable for buy-and-hold investors given that the property is below its fair value and situated in a tourism-friendly area, promising long-term appreciation. The gross yield of 3.5% paired with a solid condition rating of 81/100 suggests stability and the potential for passive income over time. Family rental Despite the family rental market being a viable option, the property’s neighborhood quality at 64/100 may influence the selection process for families seeking a long-term home. However, the advantageous fair value reinforces that this property can still appeal to families looking for proximity to the coast without overextending their budget.
Tenant turnover risk The tenant stability score of 60/100 indicates a higher likelihood of tenant turnover, which may lead to increased vacancy rates and reduced cash flow for the property.
