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 126 m², built in 1982, energy rating F. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This duplex boasts two balconies with distinct views, one overlooking the vibrant gardens with bougainvilleas, enhancing the outdoor living experience. Additional Advantage: Located on the top floor, it ensures a peaceful environment with no neighbors above.
The valuation. The asking price of €319,000 sits below the fair value of €350,930 by €31,930 (9.1%). This property is fairly priced for its market position.
Fair value modelled at €350,930 from 6 comparable sales in the area. Asking €319,000 sits €31,930 (9.1%) below — the upside to fair value.
Asking €319,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €283,566 (€2,251/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 is below the parish average, reducing 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 €283,566, adjusted for condition and micro-location, gives a modelled fair value of €350,930 (€2,785/m²), a €31,930 (9.1%) gap versus the €319,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · e834e8 | Subject | €319,000 | €2,532 | — | 65 | 66 |
| rua António Nobre, 5 | Active | €335,000 | €2,617 | 3.4% | 72 | 70 |
| rua António Nobre, 5 | Active | €345,000 | €2,695 | 6.5% | 75 | 69 |
| Albufeira e Olhos de Água · 5ecf01 | Active | €345,000 | €2,875 | 13.6% | 71 | 71 |
| estrada de Santa Eulália | Active | €360,000 | €2,571 | 1.6% | 80 | 73 |
| Median comp | €345,000 | €2,656 | 4.9% | 74 | 71 |
Short-term vacation rental This property in Albufeira, listed at €319,000, offers strong seasonal demand given its location in a popular tourist region. With a gross yield of 5.8%, it presents a solid opportunity for short-term rentals during peak tourist seasons, though the overall investment is considered fair at current pricing. Buy-and-hold While the property is currently valued fairly at €319,000 compared to the fair value of €350,930, its condition rating of 69/100 suggests potential for future improvement in value. The 5.8% gross yield provides a reasonable return for a long-term buy-and-hold strategy, particularly in a region reliant on tourism and hospitality employment. Family rental The property is fairly priced at €319,000 but might attract a stable family rental market due to its size and location, despite the neighborhood rating of 66/100. A gross yield of 5.8% indicates that it could generate decent rental income for families looking for accommodation in the Albufeira area. Not ideal for: Student housing This 3-bed duplex does not align well with the student housing market, given the seasonal tourism focus of the area. The underlying economic conditions tied to tourism suggest that demand may not be consistent enough to support a reliable student rental strategy. Not ideal for: Luxury market Positioned in a location more suited for vacation rentals and family housing, this property does not meet the expectations of the luxury market. The fair valuation indicates limited upside for investors targeting high-end buyers in a predominantly mid-market area.
Economic volatility risk The property’s economic stability score of 55/100 indicates potential fluctuations in the local market that could affect tenant demand and rental income.
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