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 house of 321 m², built in 2018, energy rating A. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The property includes a modern basement with a Box garage for two cars and ample storage space, enhancing both convenience and functionality for residents.
The valuation. The asking price of €950,000 is significantly above fair value, which stands at €738,508. This creates a difference of €211,492 (28.6%), categorizing the property as overpriced.
Fair value modelled at €738,508 from 6 comparable sales in the area. Asking €950,000 sits €211,492 (28.6%) above — overpriced versus fair value.
Asking €950,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €464,680 (€1,448/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €464,680, adjusted for condition and micro-location, gives a modelled fair value of €738,508 (€2,301/m²), a €211,492 (28.6%) gap versus the €950,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 51cd4f | Subject | €950,000 | €2,960 | — | 92 | 65 |
| Albufeira e Olhos de Água · 1e6131 | Active | €785,000 | €3,115 | 5.3% | 73 | 70 |
| rua Leonardo Coimbra, 2C | Active | €720,000 | €2,202 | 25.6% | 82 | 66 |
| Ferreiras · efdd62 | Active | €1,200,000 | €2,414 | 18.4% | 72 | 72 |
| travessa Primeiro de Dezembro | Active | €425,000 | €1,856 | 37.3% | 80 | 75 |
| Median comp | €752,500 | €2,308 | 22.0% | 77 | 71 |
Short-term vacation rental The property is overpriced by 28.6%, which diminishes its attractiveness for short-term vacation rentals in a market with typical tourist demand. With a gross yield of only 3.8%, the potential returns do not justify the high price point relative to fair value. Buy-and-hold Given the significant markup over fair value, this property does not present an opportunistic buy-and-hold investment, especially in a region with seasonal economic activity. The ideal conditions for long-term appreciation are compromised by the current pricing, limiting upside potential. Family rental At €950,000, the property exceeds fair market value by 28.6%, making it a less favorable choice for family rental investment. While the property is in a decent condition with a rating of 84/100, the combination of high cost and average neighborhood rating of 65/100 casts doubt on its investment viability.
Economic and Tenant Instability The property has both economic and tenant stability scores at 55/100, indicating a moderate risk of income variability and potential difficulty in maintaining long-term tenants.
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