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 124 m². Located on beco das Violetas, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The property boasts a stylish marble staircase and polished living room tiles, exemplifying its high standard of interior finishes in a tranquil condominium setting.
The valuation. The asking price sits at €420,000, which is €64,260 (18.1%) above fair value of €355,740. This indicates the property is overpriced in the current market.
Fair value modelled at €355,740 from 6 comparable sales in the area. Asking €420,000 sits €64,260 (18.1%) above — overpriced versus fair value.
Asking €420,000 versus the beco das Violetas area baseline of €268,197 (€2,163/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €268,197, adjusted for condition and micro-location, gives a modelled fair value of €355,740 (€2,869/m²), a €64,260 (18.1%) gap versus the €420,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| beco das Violetas | Subject | €420,000 | €3,387 | — | 80 | 70 |
| beco das Violetas | Active | €515,000 | €2,943 | 13.1% | 72 | 66 |
| rua Cândido de Oliveira, 65 | Active | €680,000 | €2,378 | 29.8% | 75 | 74 |
| Albufeira e Olhos de Água · 261e47 | Active | €395,000 | €2,904 | 14.3% | 72 | 75 |
| Albufeira e Olhos de Água · 96c6ca | Active | €849,000 | €3,949 | 16.6% | 72 | 74 |
| Median comp | €597,500 | €2,924 | 13.7% | 72 | 74 |
Short-term vacation rental The property in Albufeira e Olhos de Água is priced significantly above its fair value, making it a less attractive option for the short-term vacation rental market. With a gross yield of 4.1%, investors may find better opportunities with a more favorable price-to-value ratio. Buy-and-hold Investing in this property as a buy-and-hold strategy appears unsound due to its 18.1% gap from fair value. The moderate condition score of 79 and a neighborhood rating of 70 indicate that ongoing investment might be needed to maintain appeal over time, which could erode returns. Family rental This 2-bed house is not well-positioned for a family rental strategy, given it is overpriced relative to its fair market value. The average educational quality in the region could further deter long-term family tenants seeking better amenities and schools. Not ideal for: Student housing, Luxury market, Industrial investment These strategies are not suitable due to the property’s location dynamics and pricing structure, further limiting potential investor interest.
Economic and tenant volatility The economic and tenant stability scores of 65/100 indicate a moderate risk of fluctuations in income due to potential tenant turnover or economic downturns, which could impact cash flow stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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