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, 4-bathroom house of 282 m², built in 2004, energy rating B. Located on estrada de Santa Eulália, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This property boasts a beautifully designed outdoor leisure area, featuring a barbecue space and a private pool, enhancing the indoor-outdoor lifestyle experience. Atrações Notáveis: Esta propriedade possui uma área de lazer ao ar livre lindamente projetada, com espaço para churrasco e uma piscina privada, melhorando a experiência de vida interior-exterior.
The valuation. The asking price of €1,990,000 is significantly above the fair value of €1,673,659, representing a discrepancy of €316,341 (18.9%). This property is considered overpriced.
Fair value modelled at €1,673,659 from 5 comparable sales in the area. Asking €1,990,000 sits €316,341 (18.9%) above — overpriced versus fair value.
Asking €1,990,000 versus the estrada de Santa Eulália area baseline of €1,468,873 (€5,209/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €1,468,873, adjusted for condition and micro-location, gives a modelled fair value of €1,673,659 (€5,935/m²), a €316,341 (18.9%) gap versus the €1,990,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada de Santa Eulália | Subject | €1,990,000 | €7,057 | — | 74 | 74 |
| rua 5 de Outubro, 39 | Active | €730,000 | €5,935 | 15.9% | 75 | 68 |
| Albufeira e Olhos de Água · 483c81 | Active | €975,000 | €5,132 | 27.3% | 82 | 69 |
| Albufeira e Olhos de Água · b32b18 | Active | €3,100,000 | €9,366 | 32.7% | 85 | 72 |
| Albufeira e Olhos de Água · 1e6471 | Active | €1,395,000 | €7,500 | 6.3% | 80 | 73 |
| Median comp | €1,185,000 | €6,718 | 4.8% | 81 | 71 |
Short-term vacation rental The property’s high price of €1,990,000, compared to a fair value of €1,673,659, suggests it may struggle to attract vacationers seeking value, impacting occupancy rates. With a gross yield of only 1.5%, potential cash flow from this strategy appears limited, making it less appealing for investors. Long-term rental In a tourist-heavy location like Albufeira e Olhos de Água, this property’s listing price creates a significant barrier to entry for potential long-term tenants, limiting investor interest. The combination of a fair value gap of 18.9% and a modest neighborhood score of 74/100 reduces the attractiveness of committing to a long-term rental strategy. Buy-and-hold Investors considering a buy-and-hold strategy should be cautious, as the property’s valuation at €1,990,000 exceeds its fair value, indicating potential long-term capital appreciation challenges. The limited yield of 1.5% further weighs against the investment case, suggesting that the property is not positioned for substantial value growth in the future.
Potential Economic Decline The economic stability score of 70/100 suggests a medium risk of downturns that may impact tenant demand and rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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