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 215 m², built in 2007. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The property includes direct access to a sunny terrace from the open living space, enhancing the outdoor living experience that the Algarve is renowned for. Additional Amenities: The well-designed outdoor area features a private pool perfect for relaxation amid a low-maintenance garden.
The valuation. The asking price of €849,000 is significantly above the fair value of €717,619, representing an excess of €131,381 (15.5%). Verdict: overpriced. Buy-to-flip angle. The buy-to-flip strategy would involve updating the minor signs of wear in the bathrooms to enhance appeal, targeting a resale at a higher price given the location's popularity. Buy-to-let angle. With an estimated gross yield of 2.1%, the property can generate around €1,486 per month, making it suitable for short-term vacation rentals, given the strong tourism-driven demand in Albufeira.
Fair value modelled at €717,619 from the area baseline, adjusted for condition and location. Asking €849,000 sits €131,381 (15.5%) above — overpriced versus fair value.
Asking €849,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €741,750 (€3,450/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 78 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 70 · Amenities 75 · Economic 65 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €741,750 + condition +€2,687 + location +€62,622 = modelled fair value of €717,619 (€3,338/m²), a €131,381 (15.5%) gap versus the €849,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 96c6ca | Subject | €849,000 | €3,949 | — | 72 | 74 |
| Albufeira e Olhos de Água · 00199e | Active | €825,000 | €3,173 | 19.6% | 74 | 72 |
| Albufeira e Olhos de Água · 0dcf1a | Active | €750,000 | €833 | 78.9% | 75 | 71 |
| Albufeira e Olhos de Água · 6fb9c1 | Active | €615,000 | €3,661 | 7.3% | 82 | 75 |
| urbanização Alto dos Caliços | Active | €420,000 | €1,400 | 64.5% | 73 | 71 |
| Median comp | €682,500 | €2,287 | 42.1% | 75 | 72 |
Short-term vacation rental Despite the property's location in the popular Algarve region, which typically supports strong short-term rental demand, the gap of 15.5% from its fair value demonstrates that the asking price is not justified. With a gross yield of only 2.1%, the investment potential in the short-term rental market appears weak given current pricing. Long-term rental With a neighborhood quality rating of 74/100, the property has potential for long-term rental, yet its asking price is significantly higher than its fair value, indicating that rental yields may not sufficiently cover the investment. The gross yield of 2.1% serves as a clear signal that this property is overpriced for long-term rental prospects. Family rental Although the property is spacious and in a neighborhood rated 74/100, the valuation of €849,000 exceeds fair value by 15.5%, making it a less attractive option for family rental. The lower yield of 2.1% suggests that families looking for rental options may seek more cost-effective alternatives elsewhere.
Economic vulnerability The economic stability score of 65/100 indicates potential volatility in the area, which may affect rental income despite the strong tenant stability score of 80/100.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
