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, 1-bathroom apartment of 77 m², built in 1988. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The apartment offers a panoramic balcony that enhances outdoor enjoyment and provides a relaxing view, while the proximity to local amenities supports a convenient lifestyle.
The valuation. The asking price of €255,000 sits €13,521 (5.3%) above the fair value of €241,479, indicating the property is overpriced. Investing at this price may not yield ideal returns based on current market conditions.
Fair value modelled at €241,479 from the area baseline, adjusted for condition and location. Asking €255,000 sits €13,521 (5.3%) above — overpriced versus fair value.
Asking €255,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €233,618 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 (Condition 65 · Materials 70 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €233,618 + condition -€10,828 + location +€18,689 = modelled fair value of €241,479 (€3,136/m²), a €13,521 (5.3%) gap versus the €255,000 asking price.
Short-term vacation rental The property, listed at €255,000 while its fair value is €241,479, exhibits a gap of 5.3%, indicating a potential overpricing that could affect profitability for short-term rentals. Additionally, with a gross yield of 4.4%, the property falls short of optimal returns typically sought in the vibrant Algarve tourism market. Buy-and-hold Given its current listing price, the 1-bed apartment is overpriced compared to its fair value, limiting the appeal for long-term appreciation strategies in a fluctuating market. Furthermore, the condition rating of 66/100 signals that substantial renovations might be required, further impacting the investment's viability over time. Family rental The apartment's price of €255,000 exceeds its assessed fair value, which may discourage families looking for reasonable housing options in the Albufeira region. Coupled with a neighborhood quality rating of 70/100, investing in a family rental here might not secure a sufficient return on investment due to the apparent overpricing.
Potential Tenant Turnover The combination of a 60/100 tenant stability score suggests a higher risk of tenant turnover, potentially affecting rental income.
