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 duplex of 136 m², built in 2003, energy rating B. Located on largo das Ilhas, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy features: The duplex includes a living room with a fireplace and a south-facing shared terrace, enhancing both comfort and outdoor enjoyment in a tranquil setting.
The valuation. The asking price of €549,000 exceeds the fair value of €455,537 by €93,463 (17.0%). This property is overpriced, affecting its immediate investment attractiveness.
Fair value modelled at €455,537 from the area baseline, adjusted for condition and location. Asking €549,000 sits €93,463 (17.0%) above — overpriced versus fair value.
Asking €549,000 versus the largo das Ilhas area baseline of €412,624 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 74 · Materials 78 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 76/100 (Housing Market 80 · Amenities 80 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
largo das Ilhas
Area baseline €412,624 + condition +€0 + location +€42,913 = modelled fair value of €455,537 (€3,350/m²), a €93,463 (17.0%) gap versus the €549,000 asking price.
Short-term vacation rental The 3-bed duplex in Albufeira is overpriced by 17.0%, with a fair value of €455,537 compared to the listing of €549,000. Given the tourist-focused economy in this prominent region, the property may struggle to achieve a competitive yield higher than the current gross yield of 3.8%. Buy-and-hold With a listing price above fair value, the investment in this duplex appears less attractive for long-term hold strategies. Although the Algarve's tourism economy offers potential, the excessive pricing limits the property's overall value appreciation potential. Family rental The duplex's current asking price suggests an unappealing investment for family rental purposes, as it is significantly above its fair value. Families seeking rental options in Albufeira may find better opportunities that align more closely with market valuations, limiting rental demand for this asset.
Tenant turnover risk With a tenant stability score of 70/100, there is a potential risk of increased vacancy rates and tenant turnover, which can lead to inconsistent income streams and additional costs associated with finding new tenants.
