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.
2-bedroom, 2-bathroom house of 131 m², energy rating D. Located on rua Jardins da Balaia, 2, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The property includes a spacious backyard offering excellent potential for landscaping and the addition of a swimming pool, ideal for enhancing outdoor leisure activities.
The valuation. The asking price of €547,500 sits just below the fair value of €550,235, indicating that the property is fairly priced, with a difference of only €2,735 (0.5%). Buy-to-flip angle. A resale strategy could leverage the property’s desirable location for short-term vacation rentals, aiming for quick capital appreciation, potentially attracting investors looking for a profitable flip within the competitive Algarve market. Buy-to-let angle. The estimated rental income of €1,369 per month yields approximately 3%, supporting a buy-and-hold strategy, while the property’s location near the coast makes it appealing for family rentals and long-term tenants seeking proximity to amenities.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Jardins da Balaia, 2 | Subject | €547,500 | €4,179 | — | — | 74 |
| rua Columbano Bordalo Pinheiro, 6 | Active | €525,000 | €4,234 | 1.3% | — | 72 |
| Albufeira e Olhos de Água · 3df3ad | Active | €465,000 | €3,875 | 7.3% | 75 | 65 |
| rua Doutor Roberto Roquette | Active | €465,000 | €4,266 | 2.1% | 70 | 73 |
| Albufeira e Olhos de Água · 6fbb48 | Active | €750,000 | €4,167 | 0.3% | 60 | 71 |
| Median comp | €495,000 | €4,201 | 0.5% | 70 | 72 |
Short-term vacation rental Despite the appealing proximity to the Algarve coast, this property offers a modest gross yield of 3%, indicating limited profit potential for short-term vacation rentals. Additionally, with a neighbourhood score of 74/100, the investment in short-term rentals seems to be fairly valued without significant upside. Buy-and-hold Holding onto this property for long-term appreciation is a strategic choice, as real estate in Albufeira benefits from the area's strong appeal to retirees and expats. However, given the yield is only 3%, the financial performance remains only marginally attractive, positioning this investment as fair rather than highly profitable. Family rental Renting this two-bedroom house to families may seem feasible due to the neighbourhood's decent score of 74/100 and the demand for housing in Albufeira. Yet, the gross yield of 3% suggests that this property is fairly valued, providing limited financial incentive for landlords focused on family tenants looking for value. Not ideal for: Student housing, Luxury market The property does not align well with student housing needs, given its family-oriented characteristics and lower yield potential. Likewise, the upscale aspects of luxury markets do not match this investment's profile, reinforcing its classification as fairly valued.
Economic Vulnerability With an economic stability score of 65/100, there is a risk of fluctuations in local market conditions that could affect investment returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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