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 apartment of 90 m², energy rating C. Located on rua António Aleixo, 2, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The apartment includes a south-facing balcony that provides ample sunlight and stunning views of the pool area, enhancing the outdoor living experience. Additional Context: Ideal for those seeking both comfort and proximity to Albufeira's vibrant downtown.
The valuation. The asking price of €378,000 is significantly above the fair value of €282,356, showing an overvaluation of €95,644 (25.3%). This implies that potential buyers should approach the property with caution. Buy-to-flip angle. A buy-to-flip strategy could involve cosmetic renovations to improve appeal, potentially allowing for a resale price closer to fair value, but the current asking price presents challenges. Buy-to-let angle. With an estimated gross yield of 3.5% from a potential rental income of €1,103/month, the property may attract steady long-term tenants but does not generate strong returns relative to its asking price.
Fair value modelled at €282,356 from the area baseline, adjusted for condition and location. Asking €378,000 sits €95,644 (25.3%) above — overpriced versus fair value.
Asking €378,000 versus the rua António Aleixo, 2 area baseline of €310,500 (€3,450/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 68 · Materials 65 · Room dimensions 67). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 72 · Economic 65 · Tenant Quality 71). Strong amenities and housing-market momentum support a premium to baseline.
rua António Aleixo, 2
Area baseline €310,500 + condition -€13,641 + location +€22,937 = modelled fair value of €282,356 (€3,137/m²), a €95,644 (25.3%) gap versus the €378,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua António Aleixo, 2 | Subject | €378,000 | €4,200 | — | 68 | 71 |
| Albufeira e Olhos de Água · 82c791 | Active | €385,000 | €4,053 | 3.5% | — | 67 |
| Albufeira e Olhos de Água · de0b7a | Active | €370,000 | €5,286 | 25.9% | — | 76 |
| avenida Sa Carneiro | Active | €255,000 | €4,048 | 3.6% | 70 | 72 |
| rua dos Bares | Active | €275,000 | €4,167 | 0.8% | 74 | 73 |
| Median comp | €322,500 | €4,110 | 2.1% | 72 | 73 |
Short-term vacation rental This property is overpriced comparatively to its fair value, leading to a potential decrease in yield when adjusted for market conditions. With a gross yield of only 3.5%, the return on investment may not meet expectations for short-term vacation rentals in this tourist-heavy area. Long-term rental Given its overpricing at €378,000 versus a fair value of €282,356, the potential financial return on long-term rentals is limited. The yield of 3.5% suggests that long-term rental may not be a lucrative venture considering the market needs and median rental rates in Albufeira. Buy-and-hold As the property is assessed as overpriced, the buy-and-hold strategy seems less attractive due to unfavorable yield comparisons and market dynamics. Investors might experience challenges in achieving significant capital appreciation given the current valuation gap of 25.3% relative to fair market levels.
Economic Vulnerability The economic stability score of 65/100 indicates a moderate risk of economic downturns affecting rental income and property value.
