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, 3-bathroom house of 157 m², built in 2007. Located Ferreiras parish, Albufeira municipality, Faro district. This property features a fully equipped kitchen and spacious balconies with a barbecue area, ideal for enjoying outdoor living and family gatherings.
The valuation. The asking price of €470,000 is below the fair value of €516,579, positioning this property as subvalued by €46,579 (9.9%). This presents a lucrative entry point for investors seeking value.
Fair value modelled at €516,579 from the area baseline, adjusted for condition and location. Asking €470,000 sits €46,579 (9.9%) below — the upside to fair value.
Asking €470,000 versus the Ferreiras, Albufeira, Faro area baseline of €476,338 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 79). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 67/100 (Housing Market 70 · Amenities 60 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Ferreiras, Albufeira, Faro
Area baseline €476,338 + condition +€7,850 + location +€32,391 = modelled fair value of €516,579 (€3,290/m²), a €46,579 (9.9%) gap versus the €470,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ferreiras · cfe03c | Subject | €470,000 | €2,994 | — | 75 | 67 |
| rua das Ferreirinhas S / N | Active | €669,000 | €3,396 | 13.4% | 75 | 73 |
| Albufeira e Olhos de Água · 261e47 | Active | €395,000 | €2,904 | 3.0% | 72 | 75 |
| Ferreiras · 6fbc55 | Active | €555,000 | €2,775 | 7.3% | 75 | 78 |
| Ferreiras · 6fbc4c | Active | €405,000 | €3,347 | 11.8% | 75 | 72 |
| Median comp | €480,000 | €3,126 | 4.4% | 75 | 74 |
Short-term vacation rental The property in Ferreiras, Albufeira is well-positioned for short-term vacation rentals, with a fair value indicating a lucrative potential for returns given its proximity to popular tourist areas. With a gross yield of 3.5%, this investment could attract tourists seeking accommodations in the beautiful Algarve region. Buy-and-hold Investing in this 2-bed house as a buy-and-hold strategy seems promising, especially considering its current price being underpriced relative to the fair market value. With a favorable condition score of 78/100, this property has the potential to appreciate in value over time in the growing Algarve market. Value-add renovation The property presents an appealing opportunity for value-add renovation, allowing for enhancements that could significantly increase its market value above the current listing price. Investing in renovations could also improve its rental yield, capitalizing on the property's underpriced nature relative to its fair value. Not ideal for student housing Given the property's characteristics and location, it would not be suitable for a student housing strategy, as the demographic trends in the area do not support steady demand. The property’s design and neighborhood amenities are aligned more with vacation rentals rather than long-term student accommodations. Not ideal for luxury market This property does not fit the luxury market segment, as its current condition and pricing do not align with high-end buyer expectations. The average neighborhood score of 67/100 indicates that it is positioned as a more affordable housing option rather than a luxury property. Not ideal for industrial investment Ferreiras is not a prime location for industrial investments, as the property type and neighborhood characteristics cater more to residential needs. Thus, investing in industrial assets here would not be strategically sound considering market dynamics and property type suitability.
Economic Vulnerability There is a notable risk as the economic stability score of 65/100 suggests potential fluctuations in local economic conditions that could affect tenant retention and property value.
