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 76 m², built in 1988, energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The property features a communal swimming pool and is conveniently equipped with air conditioning for optimal comfort during warm Algarvian summers.
The valuation. The asking price of €255,000 is slightly above the fair value of €253,314, making this property overpriced by €1,686, or 0.7%. The premium may not justify the investment at this price level.
Fair value modelled at €253,314 from the area baseline, adjusted for condition and location. Asking €255,000 sits €1,686 (0.7%) above — overpriced versus fair value.
Asking €255,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €262,200 (€3,450/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 80 · Room dimensions 74). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 70 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €262,200 + condition +€594 + location +€22,136 = modelled fair value of €253,314 (€3,333/m²), a €1,686 (0.7%) gap versus the €255,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 4ba915 | Subject | €255,000 | €3,355 | — | 72 | 74 |
| rua Vitorino Nemésio | Active | €255,000 | €3,643 | 8.6% | 70 | 75 |
| Albufeira e Olhos de Água · 4baae3 | Active | €255,000 | €3,923 | 16.9% | 76 | 63 |
| rua da Corcovada, 33P2 | Active | €395,000 | €3,950 | 17.7% | 74 | 77 |
| Albufeira e Olhos de Água · 4a7eb3 | Active | €265,000 | €3,897 | 16.1% | 74 | 75 |
| Median comp | €260,000 | €3,910 | 16.5% | 74 | 75 |
Long-term rental The apartment's fair value is marginally lower than the listing price, suggesting it may not provide an attractive long-term rental investment given the current price point. Additionally, the limited permanent resident amenities could hinder tenant retention and demand. Short-term vacation rental While the location in Albufeira's coastal Algarve offers potential for short-term vacation rentals, the property is priced above its fair value, which could compress future returns. The neighborhood's decent but not exceptional ratings suggest that the appeal to vacationers may be tempered by competition and value-seeking travelers. Buy-and-hold Investing in this property as a buy-and-hold strategy is undermined by its current price being above fair value, which limits future capital appreciation potential. Additionally, the overall neighborhood amenities and tenant quality do not present an attractive long-term investment case.
Economic and Tenant Instability With both economic and tenant stability scores at 70/100, there is a risk that fluctuations in the local market could lead to increased vacancy rates or reduced rental income, affecting overall profitability.
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