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 65 m², built in 1995, energy rating E. Located on estrada de Santa Eulália, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment boasts a large covered balcony that enhances indoor-outdoor living, ideal for enjoying the Algarve's pleasant climate. Location Advantage: Situated in a prestigious area just minutes from the beach, making it perfect for leisure and investment.
The valuation. The asking price of €265,000 sits significantly above the fair value of €218,292, reflecting an excess of €46,708 (17.6%). Thus, the property is deemed overpriced.
Fair value modelled at €218,292 from the area baseline, adjusted for condition and location. Asking €265,000 sits €46,708 (17.6%) above — overpriced versus fair value.
Asking €265,000 versus the estrada de Santa Eulália area baseline of €197,210 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 78 · Materials 83 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 69/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
estrada de Santa Eulália
Area baseline €197,210 + condition +€6,094 + location +€14,988 = modelled fair value of €218,292 (€3,358/m²), a €46,708 (17.6%) gap versus the €265,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada de Santa Eulália | Subject | €265,000 | €4,077 | — | 78 | 69 |
| Albufeira e Olhos de Água · ba58bd | Active | €202,500 | €3,616 | 11.3% | 74 | 65 |
| beco José Ramos Pimenta S / N | Active | €188,000 | €4,087 | 0.2% | 82 | 62 |
| rua Vitorino Nemésio, 128 | Active | €239,000 | €4,780 | 17.2% | 75 | 73 |
| rua Vasco Santana, 110 | Active | €275,000 | €4,044 | 0.8% | 69 | 70 |
| Median comp | €220,750 | €4,066 | 0.3% | 75 | 68 |
Short-term vacation rental The property’s listing price of €265,000 exceeds its fair value of €218,292 by 17.6%, indicating it is overpriced for the short-term vacation rental market. While the tourism-driven economy in Albufeira could generate steady income, the current price diminishes expected returns, with a gross yield of only 4.1%. Buy-and-hold Investing in this 1-bed apartment for a long-term hold may not yield satisfactory appreciation given its substantial gap from fair value, making it overpriced at €265,000. The 81/100 condition rating is appealing, but the neighborhood score of 69/100 suggests potential challenges for consistent capital growth. Family rental As a family rental, this property is unlikely to perform well financially given its 4.1% gross yield and current listing price which is 17.6% above fair value. The neighborhood rating indicates a reasonable quality of living, but the elevated entry price could limit demand from long-term family tenants.
Economic and Tenant Risk The investment faces potential volatility due to economic and tenant stability scores both sitting at 65/100, indicating moderate risk in maintaining consistent rental income.
