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. This property offers a south-facing balcony ideal for enjoying the sun and easy access to local amenities, being centrally located near Fisherman's Beach.
The valuation. The asking price of €378,000 is slightly below its fair value of €381,087, indicating a valuation that is underpriced by €3,087 (0.8%). This presents a favorable opportunity for investors.
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 €273,060 (€3,034/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. Full condition report →
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. Full location report →
rua António Aleixo, 2
Area baseline €273,060 + 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.
Short-term vacation rental The property is well-suited for short-term vacation rentals, given its location in a touristic area and a strong yield of 3.5%. Additionally, with the fair value only 0.8% above the listing price, there is a minor gap that supports potential appreciation in a hospitality-driven market. Long-term rental This apartment presents a solid option for long-term rental, benefitting from the stable employment prospects tied to the local tourism economy. The yield of 3.5% indicates a reliable income source, supported by a neighborhood rating of 71/100. Buy-and-hold Investing in this property for a buy-and-hold strategy can capitalize on its subvalued listing and the ongoing demand for housing in a tourist-friendly region. The positive features, coupled with a healthy rent yield and low crime rates, position it well for long-term value appreciation.
Economic volatility risk With an economic stability score of 65/100, there is a significant risk of economic downturns affecting tenant demand and rental income.
