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, 3-bathroom house of 207 m², built in 2009. Located on autoestrada EM526, 283A, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. The property features a large outdoor terrace with a built-in barbecue, ideal for entertaining, and offers direct access from the spacious living area.
The valuation. The asking price of €550,000 sits slightly below the fair value of €572,019, with a difference of €22,019 (3.8%). This property is valued fairly and presents a balanced opportunity for prospective buyers.
Fair value modelled at €572,019 from 6 comparable sales in the area. Asking €550,000 sits €22,019 (3.8%) below — the upside to fair value.
Asking €550,000 versus the autoestrada EM526, 283A area baseline of €440,459 (€2,128/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 €440,459, adjusted for condition and micro-location, gives a modelled fair value of €572,019 (€2,763/m²), a €22,019 (3.8%) gap versus the €550,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| autoestrada EM526, 283A | Subject | €550,000 | €2,657 | — | 72 | 74 |
| rua Joaquim Agostinho | Active | €493,000 | €2,622 | 1.3% | 76 | 72 |
| Ferreiras · cfe03c | Active | €470,000 | €2,994 | 12.7% | 75 | 67 |
| rua do Castelinho, 1 | Active | €649,000 | €1,997 | 24.8% | 72 | 72 |
| Albufeira e Olhos de Água · 0238ea | Active | €575,000 | €2,162 | 18.6% | 72 | 72 |
| Median comp | €534,000 | €2,392 | 10.0% | 74 | 72 |
Short-term vacation rental The property’s location in Albufeira, a hotspot for tourism, presents a moderate investment opportunity for short-term vacation rentals given its competitive gross yield of 4%. However, with a fair value assessment indicating only a 3.8% gap between listing and market value, it is fairly priced and may not offer significant upside. Buy-and-hold Owning this 2-bed house in Albufeira e Olhos de Água could yield steady rental income given the stable demand for properties in the Algarve region, supported by a respectable neighbourhood score of 74/100. The fair valuation suggests that while the property is not overpriced, it may not provide considerable long-term appreciation potential. Family rental This property is suited for family rentals due to its size and location in a desirable neighbourhood with ample amenities, as evidenced by a decent living condition score of 77/100. Despite the house being rated fairly, investors should prepare for competition in the family rental market due to the limited potential for price appreciation reflected in near-equivalence to its fair value.
Economic Vulnerability The property has an economic stability score of 65, indicating potential susceptibility to market fluctuations that could adversely affect rental income.
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