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, 0-bathroom house of 153 m², energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The property includes a spacious closed garage with 66 m², providing ample storage space and capacity for several vehicles, enhancing convenience for residents. Exterior Highlights: Enjoy a private pool surrounded by a low-maintenance garden and a barbecue area, perfect for entertaining in the Algarve sun.
The valuation. The asking price of €680,000 is significantly below the fair value of €962,732, representing a discount of €282,732 (29.4%). This property is underpriced, indicating a potential for excellent investment returns.
Fair value modelled at €962,732 from 6 comparable sales in the area. Asking €680,000 sits €282,732 (29.4%) below — the upside to fair value.
Asking €680,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €837,121 (€5,471/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 €837,121, adjusted for condition and micro-location, gives a modelled fair value of €962,732 (€6,292/m²), a €282,732 (29.4%) gap versus the €680,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 1908d2 | Subject | €680,000 | €4,444 | — | 75 | 62 |
| rua Sir Cliff Richard | Active | €1,450,000 | €7,592 | 70.8% | 65 | 78 |
| rua da Bateria | Active | €2,000,000 | €16,000 | 260.0% | 80 | 71 |
| Albufeira e Olhos de Água · f360a1 | Active | €450,000 | €5,556 | 25.0% | 75 | 74 |
| rua da Igreja Velha, 40 | Active | €289,000 | €5,780 | 30.1% | 75 | 72 |
| Median comp | €950,000 | €6,686 | 50.4% | 75 | 73 |
Short-term vacation rental This property in Albufeira e Olhos de Água is strategically located in a popular tourist destination, allowing for a strong potential return through vacation rentals. With a fair value significantly higher than the listing price, the investment is set to yield 3.7% gross, demonstrating great attractiveness for short-term rental success. Buy-and-hold Acquiring this 3-bedroom house represents an appealing long-term investment, given its fair value of €962,732 against a purchase price of €680,000. The property's condition rating of 79/100 suggests it requires minimal investment to maintain or improve, making it suitable for a buy-and-hold strategy in a strong tourist market. Family rental This home is well-positioned for families seeking long-term rentals in a thriving area with a decent neighborhood rating of 62/100. With a fair value gap of 29.4%, this property is a solid choice for those looking to capitalize on stable rental income in a family-oriented environment.
Reduced demand risk With an economic stability score of 55/100, there may be lower overall demand for rental properties in the area, potentially affecting occupancy rates and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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