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 house of 139 m², energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This property’s outdoor area includes a BBQ space, ideal for social gatherings, and it offers private parking—a rare convenience in this central Albufeira location.
The valuation. The asking price of €470,000 sits approximately 7.3% below the fair value of €506,982, indicating a valuation that is reasonable for the current market conditions. This property is fairly valued based on its location and amenities.
Fair value modelled at €506,982 from 6 comparable sales in the area. Asking €470,000 sits €36,982 (7.3%) below — the upside to fair value.
Asking €470,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €443,644 (€3,192/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 is below the parish average, reducing 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 €443,644, adjusted for condition and micro-location, gives a modelled fair value of €506,982 (€3,647/m²), a €36,982 (7.3%) gap versus the €470,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 83137d | Subject | €470,000 | €3,381 | — | 65 | 74 |
| Albufeira e Olhos de Água · 5ecee0 | Active | €445,000 | €3,346 | 1.0% | 72 | 62 |
| Albufeira e Olhos de Água · 9570dd | Active | €585,000 | €2,489 | 26.4% | 58 | 74 |
| Albufeira e Olhos de Água · 96c6ca | Active | €849,000 | €3,949 | 16.8% | 72 | 74 |
| rua Nuno Vieira, 8 | Active | €490,000 | €4,537 | 34.2% | — | 72 |
| Median comp | €537,500 | €3,648 | 7.9% | 72 | 73 |
Short-term vacation rental The property in Albufeira e Olhos de Água demonstrates good potential for the short-term vacation rental market, but with a slightly higher listing price compared to its fair value. The gross yield of 5.1% is acceptable, albeit not high enough to justify an aggressive investment approach given its fair valuation status. Buy-and-hold Investing in this property for a buy-and-hold strategy aligns with the steady demand in a tourist-oriented area, although the 7.3% gap from fair value indicates it is fairly priced. The moderate condition rating of 66/100 suggests that some maintenance may be required to optimize long-term appreciation. Family rental For a family rental strategy, the property is located in a neighborhood with a decent quality score of 74/100, indicating a welcoming environment for potential tenants. However, with the property being fairly valued at €470,000, investors should be mindful of pricing in relation to expected returns over time.
Economic vulnerability With an economic stability score of 65/100, the property may face fluctuating market conditions that could impact income stability and tenant retention rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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