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, 2-bathroom duplex of 120 m², energy rating E. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The property includes a built-in BBQ on a large balcony, enhancing the outdoor living experience with the added convenience of private access directly from the parking area.
The valuation. The asking price of €345,000 sits €35,000 (9.2%) below the fair value of €380,000, indicating a fair valuation of the property and suggesting it is priced reasonably for potential investors. Buy-to-flip angle. With a target resale strategy, investors can capitalize on the property’s quality finishes and desirable location, targeting an increased sale price that reflects the €380,000 fair value. Buy-to-let angle. The estimated rental income of €1,466 per month translates to a gross yield of 5.1%, making this property an attractive option for long-term rental in a popular tourist destination like Albufeira.
Fair value modelled at €380,000 from 6 comparable sales in the area. Asking €345,000 sits €35,000 (9.2%) below — the upside to fair value.
Asking €345,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €302,519 (€2,521/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €302,519, adjusted for condition and micro-location, gives a modelled fair value of €380,000 (€3,167/m²), a €35,000 (9.2%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 5ecf01 | Subject | €345,000 | €2,875 | — | 71 | 71 |
| rua da Corcovada | Active | €490,000 | €3,356 | 16.7% | 74 | 71 |
| rua Carlos Porfírio, 3 | Active | €360,000 | €3,000 | 4.3% | 73 | 70 |
| rua Balaia Golf Village, 727 | Active | €529,000 | €2,727 | 5.2% | 75 | 74 |
| rua da Igreja, 20-22 | Active | €290,000 | €3,333 | 15.9% | 75 | 71 |
| Median comp | €425,000 | €3,167 | 10.1% | 75 | 71 |
Short-term vacation rental The property is well-positioned for short-term vacation rentals due to Algarve's popularity as a tourist destination, generating a gross yield of 5.1%. However, with a fair value of €380,000 and a listing price of €345,000, it is priced fairly in the current market. Long-term rental With a fair market rent potential aligned with the strong demand for housing in Albufeira, this property can appeal to long-term tenants seeking a well-located option. The neighbourhood score of 71/100 suggests that it offers adequate amenities and tenant quality, supporting its listing price as fair. Buy-and-hold Investing in this property for the long-term could yield stable returns due to Albufeira's ongoing popularity, which is likely to maintain or grow property values. While priced at €345,000 may seem attractive, it is assessed as fair value at €380,000, indicating a balanced investment opportunity for holding. Not ideal for student housing Given its family-oriented layout and location, this property is not suited for student housing, which typically demands a different type of accommodation. Its current pricing position reflects its suitability for more stable tenant demographics. Not ideal for luxury market The property does not align with the luxury market's requirements and expectations for high-end finishes and exclusivity. Its current fair valuation suggests it caters more to the mid-range market. Not ideal for value-add renovation The property's condition rating of 75/100 implies limited scope for significant value-add renovations, suggesting that the returns from such investments may not meet expectations. Its fair price placement indicates no inherent undervaluation to exploit through renovation strategies.
Economic Vulnerability The economic stability score of 65 indicates potential vulnerability to market fluctuations, which could affect rent prices and tenant retention.**
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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