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, 3-bathroom house of 252 m², built in 2007, energy rating A+. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The property benefits from a private corner lot with enhanced privacy, and its location within a gated community offers exclusive access to common recreational areas and security.
The valuation. The asking price of €785,000 sits below the fair value of €828,883, representing a potential undervaluation of €43,883 (5.6%). This property offers an attractive entry point for investors considering future appreciation in a desirable area.
Fair value modelled at €828,883 from the area baseline, adjusted for condition and location. Asking €785,000 sits €43,883 (5.6%) below — the upside to fair value.
Asking €785,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €764,568 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 73 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €764,568 + condition +€3,150 + location +€61,165 = modelled fair value of €828,883 (€3,289/m²), a €43,883 (5.6%) gap versus the €785,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 1e6131 | Subject | €785,000 | €3,115 | — | 73 | 70 |
| rua Leonardo Coimbra, 2C | Active | €720,000 | €2,202 | 29.3% | 82 | 66 |
| autoestrada EM526 | Active | €599,000 | €2,162 | 30.6% | 75 | 76 |
| avenida dos Descobrimentos | Active | €695,000 | €4,696 | 50.7% | 75 | 72 |
| Albufeira e Olhos de Água · 388fa9 | Active | €1,299,000 | €4,811 | 54.4% | 90 | 74 |
| Median comp | €707,500 | €3,449 | 10.7% | 79 | 73 |
Short-term vacation rental This property is well-positioned in the Algarve region, with a fair value 5.6% above its listing price, indicating a strong opportunity for generating short-term rental income. With a decent gross yield of 3.2% and a good condition rating of 76/100, it can attract tourists seeking quality accommodations. Buy-and-hold Given that the property is priced below its fair value, it offers a solid entry point for a long-term investment in a region known for its robust tourism and expat presence. The gradual appreciation potential, along with a reasonable yield, makes this a strategic buy for long-term capital growth. Family rental The house's location in a desirable neighbourhood with a quality rating of 70/100 suggests it could serve as a comfortable living space for families. Despite the current yield of 3.2%, the fair pricing below market value presents a unique chance to capture a growing demographic looking for family-oriented rentals in a thriving community.
Economic Vulnerability The economic stability score of 65 indicates potential susceptibility to market fluctuations that could impact rental income and property value.