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 128 m², built in 1980, energy rating E. Located on rua António Nobre, 5, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This property boasts a private balcony with a built-in barbecue, perfect for outdoor gatherings, and is situated in a peaceful area close to vibrant dining options.
The valuation. The asking price of €345,000 sits just above the fair value of €339,087, reflecting a marginal overage of €5,913 (1.7%). The property is assessed as fair based on its valuation.
Fair value modelled at €339,087 from 6 comparable sales in the area. Asking €345,000 sits €5,913 (1.7%) above — overpriced versus fair value.
Asking €345,000 versus the rua António Nobre, 5 area baseline of €243,956 (€1,906/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 €243,956, adjusted for condition and micro-location, gives a modelled fair value of €339,087 (€2,649/m²), a €5,913 (1.7%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua António Nobre, 5 | Subject | €345,000 | €2,695 | — | 75 | 69 |
| estrada de Santa Eulália | Active | €360,000 | €2,571 | 4.6% | 80 | 73 |
| Albufeira e Olhos de Água · 5ecf01 | Active | €345,000 | €2,875 | 6.7% | 71 | 71 |
| Albufeira e Olhos de Água · 6228df | Active | €529,000 | €2,495 | 7.4% | 78 | 73 |
| rua Fernão de Magalhães G | Active | €400,000 | €2,000 | 25.8% | 78 | 65 |
| Median comp | €380,000 | €2,533 | 6.0% | 78 | 72 |
Short-term vacation rental The property presents an attractive opportunity for short-term vacation rentals, given its location in Algarve, a region favored by tourists. With a gross yield of 5.2%, it is positioned to generate consistent rental income throughout the tourist season. Buy-and-hold Investing in this property for a buy-and-hold strategy is reasonable, as it aligns with the steady demand for housing in a tourist-driven economy. While the property is fairly priced at €345,000, the potential for long-term value appreciation remains modest due to the current fair valuation. Family rental The duplex can serve as a solid family rental option, appealing to those seeking longer-term stability in a popular area. However, with the property rated fairly and the neighborhood quality at 69/100, potential rental income growth may be limited compared to alternative markets. Not ideal for: Student housing, Luxury market, Industrial property investment.
Economic Vulnerability With an economic stability score of 55/100, the property faces potential challenges due to underlying economic instability, which may lead to decreased demand and rental income.
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