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, 2-bathroom house of 145 m², energy rating B. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Unique Feature: Nestled in a tranquil condominium, this property offers immediate access to communal amenities like a well-maintained pool, enhancing the family-friendly atmosphere and relaxation options.
The valuation. The asking price of €620,000 sits significantly above the fair value of €483,091, representing an overpriced situation by €136,909 (22.1%). Buy-to-flip angle. A resale strategy in this location may rely on targeted renovations to enhance appeal, though current valuations suggest limited profit potential. Buy-to-let angle. With a gross yield of 4.6% and estimated rental income around €2,377/month, long-term rental could yield steady cash flow, contingent on market demand in this tourist area.
Fair value modelled at €483,091 from the area baseline, adjusted for condition and location. Asking €620,000 sits €136,909 (22.1%) above — overpriced versus fair value.
Asking €620,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €500,250 (€3,450/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 80 · Materials 85 · Room dimensions 82). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 65/100 (Housing Market 70 · Amenities 60 · Economic 55 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €500,250 + condition +€16,766 + location +€26,396 = modelled fair value of €483,091 (€3,332/m²), a €136,909 (22.1%) gap versus the €620,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 49b8b4 | Subject | €620,000 | €4,276 | — | 80 | 65 |
| Guia · 735628 | Active | €475,000 | €5,108 | 19.5% | 80 | 73 |
| Albufeira e Olhos de Água · 96c6cd | Active | €880,000 | €4,632 | 8.3% | 73 | 70 |
| estrada das Sesmarias, 1 | Active | €349,000 | €4,205 | 1.7% | 65 | 70 |
| rua da Bateria | Active | €2,000,000 | €16,000 | 274.2% | 80 | 71 |
| Median comp | €677,500 | €4,870 | 13.9% | 77 | 71 |
Short-term vacation rental The property is not ideal for short-term vacation rental as it is currently overpriced at €620,000, significantly above the fair value of €483,091, representing a gap of 22.1%. With a gross yield of only 4.6%, the investment potential is limited in an area with fluctuating seasonal demand. Long-term rental As a long-term rental investment, this property is overpriced at €620,000 compared to its fair value of €483,091, reflecting a 22.1% premium that may hinder cash flow viability. The current yield of 4.6% does not justify the elevated price, especially considering the neighborhood's rating of just 65/100. Buy-and-hold Investing for the long-term appreciation of this property is problematic due to its current pricing at €620,000, which is well above the fair value of €483,091, resulting in a 22.1% disparity. The potential for long-term gains in a seasonal market is diminished by the low 4.6% yield and the property's overall valuation being significantly inflated.
Economic Volatility Risk The economic stability score of 55/100 indicates potential fluctuations in income or job growth, which may negatively affect tenant reliability and rental income.
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