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 boasts a contemporary design with a seamless indoor-outdoor flow, emphasizing outdoor living with a private pool and sunny terrace ideal for relaxation and entertainment.
The valuation. The asking price of €849,000 is positioned below fair value by €107,087 (12.6%), indicating that this property is underpriced for its market potential.
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 €652,310 (€3,034/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. Full condition report →
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. Full location report →
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €652,310 + 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.
Short-term vacation rental This property, priced at €849,000 with a fair value of €956,087, presents a compelling opportunity for short-term vacation rentals due to the 12.6% gap against fair value. The strong demand for tourism in the Algarve supports consistent occupancy rates, making this a potential revenue-generating asset. Long-term rental Given its desirable location in Albufeira and a fair value estimate exceeding the listing price, this house could attract stable long-term tenants looking for quality accommodations. The 2.1% gross yield indicates a moderate return, but the locality's economic stability fosters a conducive environment for sustained rental income. Family rental With a spacious 215m² layout and a favorable condition rating of 76/100, this property is well-suited for families seeking rental options in a vibrant community. While the yield may be modest at 2.1%, the surrounding amenities and overall neighborhood quality make this an appealing choice for family living in Albufeira.
Potential Economic Downturn The economic stability score of 65/100 indicates a moderate risk of economic downturns that could affect rental income.