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.
1-bedroom, 2-bathroom apartment of 47 m², built in 1980, energy rating D. Located on avenida da Liberdade, 117, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The apartment boasts pre-installation for air conditioning and a functional layout with two bathrooms, enhancing comfort for guests and personal use.
The valuation. The asking price of €295,000 is significantly above fair value, which is estimated at €152,657, making it overpriced by €142,343 or 48.3%. This discrepancy suggests that potential buyers should proceed with caution.
Fair value modelled at €152,657 from the area baseline, adjusted for condition and location. Asking €295,000 sits €142,343 (48.3%) above — overpriced versus fair value.
Asking €295,000 versus the avenida da Liberdade, 117 area baseline of €142,598 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 80 · Materials 79 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 63/100 (Housing Market 75 · Amenities 70 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
avenida da Liberdade, 117
Area baseline €142,598 + condition +€2,644 + location +€7,415 = modelled fair value of €152,657 (€3,248/m²), a €142,343 (48.3%) gap versus the €295,000 asking price.
Short-term vacation rental The property, listed at €295,000, presents a significant 48.3% gap above the fair value of €152,657, making it an overpriced investment despite the potential for seasonal rental income. With a gross yield of only 3.3%, the financials do not justify the entry price in a fluctuating tourist market. Buy-and-hold Holding this property appears unattractive due to the substantial 48.3% premium over fair value, leading to concerns about long-term returns and cash flow stability in the face of economic fluctuations. Given the area's reliance on seasonal employment, the risk of tenant turnover undermines the viability of this buy-and-hold strategy. Value-add renovation The potential for a value-add renovation is limited by the property's overpriced status, being €142,343 above fair value, which diminishes the return on renovation investment. Considering the gross yield of only 3.3%, the renovation's financial upside may not compensate for the initial overvaluation. Not ideal for This property is not suitable for student housing, luxury market positioning, or family rentals, as its overpriced valuation makes it less competitive in those segments. The economic factors influencing the area further exacerbate the limited opportunity for these housing types.
Economic downturn risk With an economic stability score of 50/100, there is a significant risk that adverse economic conditions could negatively impact property values and rental income stability.
