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.
1-bedroom, 2-bathroom duplex of 83 m², energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The duplex includes a cozy living room with a fireplace and is situated within a private condominium featuring both a shared pool and a peaceful garden space.
The valuation. The asking price of €570,000 is significantly above the fair value of €403,225, representing a markup of €166,775 (41.4%). This property is clearly overpriced given the current market conditions.
Fair value modelled at €403,225 from 6 comparable sales in the area. Asking €570,000 sits €166,775 (41.4%) above — overpriced versus fair value.
Asking €570,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €342,297 (€4,124/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €342,297, adjusted for condition and micro-location, gives a modelled fair value of €403,225 (€4,858/m²), a €166,775 (41.4%) gap versus the €570,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 3a7048 | Subject | €570,000 | €6,867 | — | 74 | 75 |
| Albufeira e Olhos de Água · 3d9889 | Active | €265,000 | €4,818 | 29.8% | 70 | 76 |
| Albufeira e Olhos de Água · a8edf6 | Active | €305,000 | €4,841 | 29.5% | 75 | 75 |
| rua da Correeira, 215 | Active | €282,000 | €4,623 | 32.7% | 78 | 70 |
| avenida Privilegiada de Albufeira | Active | €350,000 | €7,609 | 10.8% | 70 | 69 |
| Median comp | €293,500 | €4,830 | 29.7% | 73 | 73 |
Short-term vacation rental This 1-bed duplex is overpriced by 41.4%, with a fair value of €403,225 against a listing price of €570,000, which makes it a less attractive investment for generating short-term rental income. The gross yield of 2% does not justify the high purchase price, especially given the mixed residential and tourist character of the neighborhood. Long-term rental With a gross yield of just 2% and a property listing that is 41.4% above fair value, this duplex is not positioned to deliver solid returns in a long-term rental context. The perceived rental demand in the area may not compensate for the inflated purchase price, given the property’s above-average condition score of 76/100. Buy-and-hold Investing in this duplex for a buy-and-hold strategy is not advisable, as it is overpriced by 41.4% with a fair value of €403,225. The combination of a low yield of 2% and an above market listing price indicates that long-term capital appreciation may be insufficient to offset initial investment costs in this property.
Potential Economic Downturn There is a risk that the economic stability score of 70/100 may indicate vulnerability to downturns, which could affect tenant demand and rental income stability.
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