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, 5-bathroom house of 282 m², built in 2005, energy rating B. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Highlights: The property includes a wine cellar and features a direct connection from the living area to the private garden and swimming pool, enhancing outdoor living options.
The valuation. The asking price of €1,990,000 is positioned slightly above the fair value of €1,894,329 by €95,671 (5.1%). This verdict indicates the property is fairly valued, justifying its premium based on location and condition.
Fair value modelled at €1,894,329 from 6 comparable sales in the area. Asking €1,990,000 sits €95,671 (5.1%) above — overpriced versus fair value.
Asking €1,990,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €1,693,124 (€6,004/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €1,693,124, adjusted for condition and micro-location, gives a modelled fair value of €1,894,329 (€6,717/m²), a €95,671 (5.1%) gap versus the €1,990,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · b329b7 | Subject | €1,990,000 | €7,057 | — | 75 | 65 |
| Albufeira e Olhos de Água · 1e6471 | Active | €1,395,000 | €7,500 | 6.3% | 80 | 73 |
| Albufeira e Olhos de Água · 483c81 | Active | €975,000 | €5,132 | 27.3% | 82 | 69 |
| rua 5 de Outubro, 39 | Active | €730,000 | €5,935 | 15.9% | 75 | 68 |
| Albufeira e Olhos de Água · 388fa9 | Active | €1,299,000 | €4,811 | 31.8% | 90 | 74 |
| Median comp | €1,137,000 | €5,534 | 21.6% | 81 | 71 |
Short-term vacation rental The property in Albufeira e Olhos de Água is positioned within a prime tourist destination, which could benefit seasonal short-term vacation rentals. However, with a gross yield of 1.7%, this investment may not yield significant returns compared to the listing price of €1,990,000, indicating that it is fairly valued and might only attract minimal profit. Buy-and-hold The investment outlook for a buy-and-hold strategy is tempered by the property's market valuation at €1,990,000, reflecting a fair value of €1,894,329 and a 5.1% gap. Given the local market's reliance on seasonal tourism, price appreciation may be limited, suggesting this property is fairly valued rather than providing immediate equity gain potential. Family rental While the property could serve as a family rental, its location in a tourist-heavy area may not appeal to long-term tenants seeking stability. With the listing price at €1,990,000 and a fair value of €1,894,329, the property is essentially fairly priced, potentially resulting in limited profitability for family rental purposes.
Potential rental income volatility The combination of a moderate economic stability score of 60/100 and a tenant stability score of 60/100 indicates a potential risk for fluctuations in rental income, as both economic and tenant conditions may lead to instability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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