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, 2-bathroom house of 85 m², energy rating E. Located on rua Vitorino Nemésio, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. The property boasts energy-efficient solar panels and modern security features, including an alarm system and gas detectors, enhancing both sustainability and safety.
The asking price of €460,000 is significantly above our estimated fair value of €307,000, indicating that the property is overpriced by €153,000, or 33.3% downside versus the asking price, with low confidence in this fair value assessment. The estimated gross yield is 6.9%, providing some context for potential rental returns.
The asking price is above the fair value. Utilizing a Transaction model based on 166 recorded sales in Albufeira e Olhos de Água, alongside an Adjusted asking-price model from current listings, we derive a combined estimate. The Transaction model carries a weight of 70%, compared to 30% for the Adjusted asking-price model. Conservative adjustments, particularly for estimated renovation costs, indicate that the fair value is €307,000. This results in the asking price being €153,000 above the fair value, signaling a 33.3% downside, with a low confidence level due to the lack of micro-location transaction data.
Gross yield 6.9% (before costs)
No specific strategy stands out for this property.
Negotiation room: Negotiation context: asking prices in this municipality run about 15% above what similar homes actually sell for, so there is usually room to negotiate
Investors should carefully consider the asking price of €460,000 in relation to the fair value of €307,000. The property's condition rating of 79/100 suggests it is in relatively good shape, but the neighborhood score of 50/100 indicates potential concerns about the area. Overall, the property is overpriced given that the fair value is 33.3% below the asking price, signaling caution due to the significant downside risk.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability score of 50/100 and a tenant stability score of 50/100 indicate a mixed environment that may lead to challenges in maintaining consistent rental income. Data-quality findings risk Although the data quality check indicates a pass, the absence of micro-location transaction data for this address suggests potential uncertainties in understanding the true market position. Fair value certainty risk The confidence in the fair value of €307,000 is low, compounded by valuation caveats such as significant discrepancies between estimates and the lack of transaction data, making the property’s market valuation uncertain.
Grade AFindings: 1
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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