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, 1-bathroom house of 55 m², built in 2020. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The property includes the potential for pool construction and features large windows that enhance natural light throughout the newly renovated interior.
The valuation. The asking price of €349,000 is significantly above fair value, which is assessed at €286,349. This results in a disparity of €62,651 (21.9%), confirming the property is overpriced.
Fair value modelled at €286,349 from 6 comparable sales in the area. Asking €349,000 sits €62,651 (21.9%) above — overpriced versus fair value.
Asking €349,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €241,110 (€4,384/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 €241,110, adjusted for condition and micro-location, gives a modelled fair value of €286,349 (€5,206/m²), a €62,651 (21.9%) gap versus the €349,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 76af58 | Subject | €349,000 | €6,345 | — | 85 | 68 |
| rua da Igreja Velha, 40 | Active | €289,000 | €5,780 | 8.9% | 75 | 72 |
| Albufeira e Olhos de Água · f360a1 | Active | €450,000 | €5,556 | 12.4% | 75 | 74 |
| Albufeira e Olhos de Água · 1908d2 | Active | €680,000 | €4,444 | 30.0% | 75 | 62 |
| rua das Laranjeiras, 7A | Active | €1,197,500 | €7,484 | 17.9% | 73 | 70 |
| Median comp | €565,000 | €5,668 | 10.7% | 75 | 71 |
Short-term vacation rental This property in Albufeira e Olhos de Água, with a listing price of €349,000, is currently overpriced, presenting a significant gap of 21.9% above its fair value of €286,349. Coupled with a gross yield of 4.5% and a condition rating of 79, the potential returns in the short-term rental market are diminished by the asking price. Buy-and-hold The buy-and-hold strategy is less appealing for this house given its status as overpriced, with a 21.9% variance compared to fair value. Although the property is situated in a prime tourist locale, the inadequate yield and high purchase cost hinder long-term investment viability. Value-add renovation Investing in value-add renovations for this property is not advisable, as it is overpriced by 21.9% compared to its fair value. While the condition rating suggests some room for improvement, the current high acquisition price does not justify the renovation investment needed to enhance its appeal. Not ideal for This property is not suitable for student housing or luxury markets due to its high listing price and limited pathways to justify the value. Furthermore, the long-term rental market appears less attractive given the economic conditions and neighborhood ratings.
Economic Viability Risk The economic stability score of 65/100 indicates potential volatility that may affect tenant demand, combined with a tenant stability score of 55/100 suggesting higher turnover rates, posing a risk to sustained rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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