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 123 m², built in 1988, energy rating E. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The property includes a versatile annex suitable for an office or leisure space and boasts an automatic irrigation system for the garden, enhancing outdoor maintenance efficiency.
The valuation. The asking price of €399,000 is €15,477 (4.0%) above the fair value of €383,523. This property is fairly valued in its current market position.
Fair value modelled at €383,523 from 6 comparable sales in the area. Asking €399,000 sits €15,477 (4.0%) above — overpriced versus fair value.
Asking €399,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €293,294 (€2,385/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 €293,294, adjusted for condition and micro-location, gives a modelled fair value of €383,523 (€3,118/m²), a €15,477 (4.0%) gap versus the €399,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 3750ca | Subject | €399,000 | €3,244 | — | 72 | 71 |
| estrada da Balaia | Active | €420,000 | €3,231 | 0.4% | 74 | 73 |
| beco das Papoilas S / N | Active | €559,000 | €3,005 | 7.4% | 80 | 65 |
| Albufeira e Olhos de Água · 5ecee0 | Active | €445,000 | €3,346 | 3.1% | 72 | 62 |
| Albufeira e Olhos de Água · 3df3ad | Active | €465,000 | €3,875 | 19.5% | 75 | 65 |
| Median comp | €455,000 | €3,289 | 1.4% | 75 | 65 |
Short-term vacation rental The property in Albufeira e Olhos de Água, priced at €399,000, offers a gross yield of 3.5%, aligning with the tourist-centric economy of the Algarve. However, its fair value of €383,523 indicates that the property is accurately priced rather than a clear investment opportunity. Long-term rental With a fair value gap of just 4.0%, the property may provide a stable long-term rental return, but the yield of 3.5% suggests limited growth potential. The condition rating of 76/100 reflects decent upkeep, which may appeal to long-term tenants but limits upside in rental income relative to the asking price. Buy-and-hold While holding this asset can generate passive income through both vacation and long-term rentals, the property is priced at €399,000, only slightly above its fair value of €383,523. The neighbourhood rating of 71/100 shows reasonable tenant quality; however, the limited yield reduces the attractiveness of long-term appreciation prospects in a competitive market. Not ideal for student housing The property’s characteristics and location do not align with the demand typically required for student housing in the area. A lack of amenities tailored for this demographic suggests that investing in this segment would not yield favorable returns. Not ideal for luxury market Given the modest condition score of 76/100 and the property’s offering price, it does not cater well to the luxury market segment in the Algarve. The general appeal of the property does not meet the expectations of high-end buyers, making it a less attractive investment for this audience.
Economic Dependence Risk The economic stability score of 65 suggests potential vulnerability to market fluctuations, which could impact tenant retention and rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
