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 75 m², built in 1990, energy rating D. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment includes an enclosed sunroom that enhances its living space and offers potential for year-round enjoyment, along with high-quality finishes in the kitchen and bathrooms.
The valuation. The asking price of €350,000 sits €119,992 above the fair value of €230,008, marking it as overpriced by 34.3%. This discrepancy suggests limited room for negotiation in a competitive market.
Fair value modelled at €230,008 from the area baseline, adjusted for condition and location. Asking €350,000 sits €119,992 (34.3%) above — overpriced versus fair value.
Asking €350,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €258,750 (€3,450/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 70 · Materials 65 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 63/100 (Housing Market 70 · Amenities 65 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €258,750 + condition -€9,375 + location +€11,833 = modelled fair value of €230,008 (€3,067/m²), a €119,992 (34.3%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 9373f9 | Subject | €350,000 | €4,667 | — | 70 | 63 |
| rua do Atlântico, 33A | Active | €285,000 | €4,524 | 3.1% | 68 | 73 |
| avenida Sá Carneiro, 19 | Active | €269,000 | €4,559 | 2.3% | 65 | 65 |
| Ferreiras · ba5a6d | Active | €299,500 | €4,218 | 9.6% | 68 | 70 |
| Albufeira e Olhos de Água · 001626 | Active | €270,000 | €4,909 | 5.2% | 68 | 74 |
| Median comp | €277,500 | €4,542 | 2.7% | 68 | 72 |
Short-term vacation rental The current listing of €350,000 significantly exceeds the fair value of €230,008, indicating that the property is overpriced by 34.3%. With a rental yield of only 3.1% and a condition score of 67/100, the potential for profitability in the short-term rental market is limited. Buy-and-hold This property is characterized by a substantial gap compared to its fair value, making it a less appealing buy-and-hold investment at the current price. Given that the neighborhood and property condition score only 63/100 and 67/100 respectively, long-term appreciation may not meet investor expectations. Long-term rental At a listing price of €350,000, the property is considerably overpriced relative to its fair value, which diminishes prospects for a successful long-term rental strategy. The low 3.1% yield combined with a neighborhood rating of 63/100 suggests limited demand for long-term tenants in this market.
Economic Vulnerability The property faces potential income instability due to both the economic and tenant stability scores being at a moderate level of 60/100, indicating a higher risk of economic fluctuations affecting rental income.
