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, 2-bathroom house of 131 m². Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The property includes a private garden space that offers potential for outdoor living enhancements and has access to local amenities that boost its rental appeal.
The valuation. The asking price of €547,500 is significantly above the fair value of €399,557, creating a difference of €147,943 (27.0%). This property is considered overpriced for the current market conditions.
Fair value modelled at €399,557 from the area baseline, adjusted for condition and location. Asking €547,500 sits €147,943 (27.0%) above — overpriced versus fair value.
Asking €547,500 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €455,356 (€3,476/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 (Condition 62 · Materials 64 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 66/100 (Housing Market 70 · Amenities 70 · Economic 60 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €455,356 + condition -€23,334 + location +€25,437 = modelled fair value of €399,557 (€3,050/m²), a €147,943 (27.0%) gap versus the €547,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 6ebb2e | Subject | €547,500 | €4,179 | — | 62 | 66 |
| estrada das Sesmarias, 1 | Active | €349,000 | €4,205 | 0.6% | 65 | 70 |
| rua Nuno Vieira, 8 | Active | €490,000 | €4,537 | 8.6% | — | 72 |
| Albufeira e Olhos de Água · f360a1 | Active | €450,000 | €5,556 | 32.9% | 75 | 74 |
| rua Columbano Bordalo Pinheiro, 6 | Active | €525,000 | €4,234 | 1.3% | — | 72 |
| Median comp | €470,000 | €4,386 | 4.9% | 70 | 72 |
Short-term vacation rental Given the property’s current price of €547,500, which is 27.0% above its fair value of €399,557, it is not positioned well for short-term vacation rental profitability. With a gross yield of only 2.5% and seasonal population changes in the Algarve region, this investment would struggle to deliver attractive returns. Buy-and-hold At a listing price significantly above fair value, this property is ill-suited for a buy-and-hold strategy. The anticipated yield of 2.5% gross, combined with a condition rating of 64/100, suggests limited appreciation potential in a market characterized by fluctuating demand. Family rental The current valuation makes this property an unsuitable option for a family rental strategy, given the €547,500 list price exceeding its fair value. With only a gross yield of 2.5% and a neighbourhood quality score of 66/100, prospective rental income likely won’t justify the elevated purchase price.
Tenant turnover risk The tenant stability score of 65/100 indicates a moderate risk of tenant turnover, which could impact rental income consistency.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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