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. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: Positioned in a tranquil cul-de-sac, this well-maintained apartment offers a unique opportunity for potential expansion with minor renovations to add an additional bedroom.
The valuation. The asking price of €255,000 is significantly above the fair value of €204,215, creating a discrepancy of €50,785 (19.9%). This property is therefore regarded as overpriced.
Fair value modelled at €204,215 from the area baseline, adjusted for condition and location. Asking €255,000 sits €50,785 (19.9%) above — overpriced versus fair value.
Asking €255,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €224,250 (€3,450/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 76 · Materials 72 · Room dimensions 66). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 63/100 (Housing Market 70 · Amenities 55 · Economic 65 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €224,250 + condition -€3,250 + location +€10,255 = modelled fair value of €204,215 (€3,142/m²), a €50,785 (19.9%) gap versus the €255,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 4baae3 | Subject | €255,000 | €3,923 | — | 76 | 63 |
| rua António Sérgio, 117 | Active | €265,000 | €3,155 | 19.6% | 65 | 72 |
| Albufeira e Olhos de Água · 4ba915 | Active | €255,000 | €3,355 | 14.5% | 72 | 74 |
| Albufeira e Olhos de Água · 6f422a | Active | €255,000 | €3,312 | 15.6% | 65 | 70 |
| rua Vitorino Nemésio | Active | €255,000 | €3,643 | 7.1% | 70 | 75 |
| Median comp | €255,000 | €3,334 | 15.0% | 68 | 73 |
Short-term vacation rental The property is overpriced compared to its fair value, making it a less attractive option for short-term vacation rentals despite being located in a tourist-dominated area. The gross yield of 4.2% is below the typical expectations for this type of investment, which detracts from its appeal. Buy-and-hold With a significant gap of 19.9% over fair value, this 1-bed apartment doesn't present a compelling case for a long-term buy-and-hold strategy. The lower-than-desired yield and moderate condition rating indicate it may not generate adequate appreciation over time. Family rental As a family rental option, this property is overpriced, leaving little room for rental growth in a competitive market. The neighborhood's ratings do not support sufficient demand for family-oriented tenants at the current price point, which limits its viability in this sector.
Economic Viability Risk: With an economic stability score of 65/100 and tenant stability score of 60/100, there is a heightened risk of fluctuations in rental income and potential vacancies due to economic uncertainty.
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