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.
4-bedroom, 3-bathroom house of 244 m², built in 2006, energy rating C. Located on avenida das Ilhas, 17, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The villa includes a game room with a snooker table in the basement, enhancing recreational options, and the BBQ area is ideal for entertaining guests outdoors.
The valuation. The asking price of €799,000 is slightly below the fair value of €811,453, indicating a positive price point with a margin of €12,453 or 1.6%. This property presents an attractive opportunity for potential buyers.
Fair value modelled at €811,453 from the area baseline, adjusted for condition and location. Asking €799,000 sits €12,453 (1.6%) below — the upside to fair value.
Asking €799,000 versus the avenida das Ilhas, 17 area baseline of €848,144 (€3,476/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 81 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 80 · Amenities 80 · Economic 70 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
avenida das Ilhas, 17
Area baseline €848,144 + condition +€3,050 + location +€68,107 = modelled fair value of €811,453 (€3,326/m²), a €12,453 (1.6%) gap versus the €799,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida das Ilhas, 17 | Subject | €799,000 | €3,275 | — | 72 | 73 |
| Albufeira e Olhos de Água · 956daa | Active | €565,000 | €3,210 | 2.0% | 71 | 70 |
| Albufeira e Olhos de Água · 6fb9c1 | Active | €615,000 | €3,661 | 11.8% | 82 | 75 |
| Albufeira e Olhos de Água · 28b7df | Active | €590,000 | €3,471 | 6.0% | 75 | 72 |
| Albufeira e Olhos de Água · 090272 | Active | €750,000 | €4,167 | 27.2% | 70 | 71 |
| Median comp | €602,500 | €3,566 | 8.9% | 73 | 72 |
Short-term vacation rental The property is strategically situated in Albufeira, a prime location for tourism, allowing for an attractive gross yield of 4.6%. With a fair value gap of just 1.6%, this investment offers immediate potential for positive cash flow in the thriving short-term rental market. Long-term rental Given the local amenities and the high tourism influence in the region, this property presents a great opportunity for long-term leasing. The slightly underpriced listing, at €799,000, suggests a stable income stream could be obtained from tenants looking for quality housing in Albufeira e Olhos de Água. Buy-and-hold Investing in this property for a buy-and-hold strategy is appealing due to its location in a tourist hotspot, which bodes well for appreciation over time. With a fair value only slightly higher than the listing price, the long-term potential of this 4-bed house is enhanced by its decent condition rating of 76/100. Not ideal for student housing The property’s location and amenities are not aligned with the needs of the student rental market, limiting its attractiveness for this demographic. The tourist-heavy environment may lead to fluctuations in demand that students typically avoid. Not ideal for luxury market While appealing, this property does not fit the luxury market profile due to its pricing structure and neighborhood ratings. The focus on tourism rather than upscale residential living suggests it would struggle to compete in the higher-end market segment.
Potential Tenant Turnover The tenant stability score of 60/100 indicates a risk of higher turnover rates, potentially leading to increased vacancy and turnover costs in the future.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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