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 62 m², built in 1996, energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The apartment boasts a modern kitchen with high-end appliances and a beautiful fireplace that enhances the cozy ambiance, complementing its stylish design. Additional Context: Located just 200m from Praia da Oura, it offers convenient access to local amenities and stunning beaches.
The valuation. The asking price of €314,000 sits significantly above the fair value of €209,915, indicating an overpriced property by €104,085 (33.1%). This discrepancy suggests potential buyers should exercise caution and negotiate accordingly.
Fair value modelled at €209,915 from the area baseline, adjusted for condition and location. Asking €314,000 sits €104,085 (33.1%) above — overpriced versus fair value.
Asking €314,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €213,900 (€3,450/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 80 · Materials 85 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 80 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €213,900 + condition +€6,006 + location +€15,801 = modelled fair value of €209,915 (€3,386/m²), a €104,085 (33.1%) gap versus the €314,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 0016df | Subject | €314,000 | €5,065 | — | 80 | 71 |
| Albufeira e Olhos de Água · bf27cf | Active | €369,000 | €4,920 | 2.9% | 72 | 71 |
| rua Vale Mangude, 3 | Active | €279,000 | €3,930 | 22.4% | 78 | 70 |
| Albufeira e Olhos de Água · 99f3f5 | Active | €275,000 | €4,167 | 17.7% | 75 | 70 |
| rua Aldeamento Albufeira Jardim, 1 | Active | €239,000 | €5,311 | 4.9% | 72 | 71 |
| Median comp | €277,000 | €4,544 | 10.3% | 74 | 71 |
Short-term vacation rental The current listing price of €314,000 places the property 33.1% above its fair value, limiting potential profitability in comparison to similar investments in the region. With a gross yield of only 3.3%, this property does not align with optimal returns expected from short-term vacation rentals in a competitive market. Buy-and-hold At a price of €314,000, the apartment is significantly overpriced, detracting from long-term capital appreciation potential in a largely tourist-driven area. The 3.3% gross yield further indicates that the financial performance does not justify the current investment cost herein. Family rental With a fair value of €209,915, the apartment’s listing at €314,000 reflects an overvaluation that severely hampers its attractiveness for family rentals. This property fails to meet the financial metrics necessary to provide a valuable investment return for long-term tenants.
Economic Vulnerability The economic stability score of 65 indicates potential susceptibility to market fluctuations, which could affect tenant retention and property value.
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