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 townhouse of 130 m², built in 2007, energy rating B. Located on rua do Astrolábio, 4, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The townhouse includes a spacious private garden of 94 m², perfect for outdoor gatherings and relaxation, alongside meticulously maintained communal pools and gardens. Condition Notes: Overall condition is good, but some areas could benefit from minor updates.
The valuation. The asking price of €595,000 sits just slightly below the fair value of €609,920, presenting a difference of €14,920 (2.4%). The property is thus considered to be priced fairly.
Fair value modelled at €609,920 from 6 comparable sales in the area. Asking €595,000 sits €14,920 (2.4%) below — the upside to fair value.
Asking €595,000 versus the rua do Astrolábio, 4 area baseline of €508,303 (€3,910/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €508,303, adjusted for condition and micro-location, gives a modelled fair value of €609,920 (€4,692/m²), a €14,920 (2.4%) gap versus the €595,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Astrolábio, 4 | Subject | €595,000 | €4,577 | — | 74 | 60 |
| Guia · 735628 | Active | €475,000 | €5,108 | 11.6% | 80 | 73 |
| Albufeira e Olhos de Água · 49b8b4 | Active | €620,000 | €4,276 | 6.6% | 80 | 65 |
| Albufeira e Olhos de Água · 6272cd | Active | €599,000 | €3,941 | 13.9% | 75 | 65 |
| estrada das Sesmarias, 1 | Active | €349,000 | €4,205 | 8.1% | 65 | 70 |
| Median comp | €537,000 | €4,241 | 7.4% | 78 | 68 |
Short-term vacation rental The property in Albufeira offers a gross yield of 3.5%, which aligns with typical returns in the region, but the fair value suggests it is priced appropriately in the current market. Given the tourism-driven nature of the area, this townhouse may attract seasonal rental interest, although it faces fluctuations based on local job stability. Buy-and-hold While the property is fairly valued at €595,000, the returns at this price do not present a compelling investment case for long-term appreciation beyond the modest yield of 3.5%. The condition rating of 77/100 also indicates it is suitable for maintenance without significant investment in renovations, yet the potential for value increase appears limited given current market dynamics. Long-term rental This townhouse would be an average performer in the long-term rental market, as evidenced by a fair value near asking price, suggesting limited room for higher returns. The neighbourhood rating of 60/100 indicates that while the location is decent, it lacks some qualities that could enhance tenant demand over the long haul. Not ideal for The property is not well-suited for student housing due to its seasonal tenant variations and the market demand in Albufeira which skews towards vacationers. Additionally, entering the luxury market or pursuing value-add renovations may not yield significant prospects given the current market valuations and overall condition of the property.
Economic Decline Risk With an economic stability score of 60/100, there is a notable risk of economic downturn affecting the overall property value and rental income potential. Tenant Turnover Risk A tenant stability score of 50/100 indicates a high likelihood of turnover, which could lead to increased vacancy rates and lower cash flow.
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