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, 3-bathroom duplex of 109 m², built in 2003, energy rating B. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Highlight: This property features a magnificent rooftop terrace equipped with an integrated barbecue area and panoramic views, perfect for outdoor entertaining and relaxation in a prime location.
The valuation. The asking price of €849,000 is notably above the fair value of €684,494, indicating the property is overpriced by €164,506, or 24.0%. This discrepancy suggests potential challenges in achieving a profitable resale.
Fair value modelled at €684,494 from 4 comparable sales in the area. Asking €849,000 sits €164,506 (24.0%) above — overpriced versus fair value.
Asking €849,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €613,678 (€5,630/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €613,678, adjusted for condition and micro-location, gives a modelled fair value of €684,494 (€6,280/m²), a €164,506 (24.0%) gap versus the €849,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 7caa42 | Subject | €849,000 | €7,789 | — | 70 | 62 |
| Albufeira e Olhos de Água · 91140e | Active | €600,000 | €4,000 | 48.6% | 88 | 71 |
| Albufeira e Olhos de Água · 62719d | Active | €429,000 | €4,564 | 41.4% | 77 | 76 |
| Quarteira · 82c6e2 | Active | €650,000 | €5,417 | 30.5% | — | 72 |
| alameda License | Active | €900,000 | €7,143 | 8.3% | 72 | 61 |
| Median comp | €625,000 | €4,991 | 35.9% | 77 | 72 |
Long-term rental The 3-bed duplex in Albufeira e Olhos de Água is overpriced by 24.0%, indicating that the acquisition cost exceeds its fair value of €684,494. With a gross yield of only 2.4%, the potential returns from long-term rentals do not justify the high purchase price. Short-term vacation rental While Albufeira is a popular tourist destination, the property's price is still at a 24.0% premium over its fair value, presenting significant risks for short-term rental investment. The combination of a low yield and high acquisition cost undermines the financial viability of this strategy. Buy-and-hold Investing in this duplex for a buy-and-hold strategy is not ideal given the current pricing, as it is 24.0% above its fair value, making it less attractive for future appreciation. The insufficient return potential, alongside a yield of 2.4%, raises concerns about the long-term profitability of holding such an asset.
Tenant turnover risk High tenant turnover is likely due to the low tenant stability score of 60/100, which may lead to increased vacancy rates and additional costs for re-letting the property.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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