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.
0-bedroom, 2-bathroom house of 77 m², built in 2003. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The property offers ready access to exclusive resort amenities and is located steps from Praia de São Rafael, a renowned beach known for its scenic beauty and tranquility.
The valuation. The asking price of €385,000 is substantially above fair value, which is estimated at €256,639, resulting in an overpriced status of €128,361 (33.3%). This indicates potential for more financially sound investment opportunities.
Fair value modelled at €256,639 from the area baseline, adjusted for condition and location. Asking €385,000 sits €128,361 (33.3%) above — overpriced versus fair value.
Asking €385,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €233,618 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · 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 75 · Economic 55 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €233,618 + condition +€4,331 + location +€18,689 = modelled fair value of €256,639 (€3,333/m²), a €128,361 (33.3%) gap versus the €385,000 asking price.
Short-term vacation rental Despite the vibrant tourist influence in Albufeira, the property is overpriced by 33.3% relative to its fair value, limiting potential yield growth. With a gross yield of only 4.1%, the financial returns may not justify the elevated price tag during seasonal demand fluctuations. Buy-and-hold Holding this property as a long-term asset appears unwise given its current pricing, which stands significantly above fair value. The rental yield of 4.1% does not provide a compelling case for investment when the asset is overpriced by 33.3%. Family rental Investing in this property for family rental purposes is unlikely to be a favorable decision given its 33.3% valuation gap, making it overpriced. Furthermore, with a neighborhood rating of only 70/100, the overall appeal for family tenants may not offset this premium pricing.
Economic Volatility Risk With an economic stability score of 55/100, there is a significant risk that local economic fluctuations could adversely impact property demand and rental income potential.