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 168 m², built in 2017, energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This property includes a contemporary kitchen island and spacious balconies accessible from every bedroom, enhancing outdoor living and entertaining options. Location Benefits: Close proximity to Lusíadas Hospital and various amenities offers convenient access for residents.
The valuation. The asking price of €615,000 exceeds the fair value of €581,683 by €33,317 (5.4%). Thus, the property is considered overpriced.
Fair value modelled at €581,683 from the area baseline, adjusted for condition and location. Asking €615,000 sits €33,317 (5.4%) above — overpriced versus fair value.
Asking €615,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €509,712 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 82 · Materials 88 · Room dimensions 83). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 70 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €509,712 + condition +€21,000 + location +€50,971 = modelled fair value of €581,683 (€3,462/m²), a €33,317 (5.4%) gap versus the €615,000 asking price.
Short-term vacation rental This property, with a 4.1% gross yield, is better suited for long-term financial appreciation rather than short-term gains, given its 5.4% gap from fair value. The economic stability of the Algarve region may enhance its appeal, but the current pricing makes it less attractive for transient rental investments. Buy-and-hold While the house boasts a decent condition rating of 85/100, its current listing price of €615,000 indicates that it is overpriced relative to its fair value of €581,683. Investors aiming for long-term capital growth may find the anticipated yield insufficient given the initial price point. Family rental Though the property is located in a neighbourhood with a reasonable tenant quality score of 75/100, the 5.4% premium over fair value suggests that it may not provide the best entry point for a family rental strategy. The strong tourism influence in the Algarve could indicate potential for future appreciation, but the current valuation limits immediate returns for family tenants.
Economic Vulnerability With an economic stability score of 65/100, there is a significant risk that the local economy may experience downturns affecting property values and rental demand.
