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 83 m², built in 1989, energy rating D. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Highlight: This apartment includes a spacious 10m² storage corridor, enhancing functional living, and features two private balconies that provide outdoor relaxation just minutes from Fisherman's Beach.
The valuation. The asking price of €345,000 is below the fair value of €385,148, indicating a subvaluation of €40,148 (11.6%). This presents an attractive opportunity for investment at a below-market price.
Fair value modelled at €291,408 from the area baseline, adjusted for condition and location. Asking €345,000 sits €53,592 (15.5%) above — overpriced versus fair value.
Asking €345,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €251,822 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 (Condition 85 · Materials 88 · Room dimensions 82). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 79/100 (Housing Market 85 · Amenities 80 · Economic 70 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €251,822 + condition +€10,375 + location +€29,211 = modelled fair value of €291,408 (€3,511/m²), a €53,592 (15.5%) gap versus the €345,000 asking price.
Short-term vacation rental This property is well-positioned close to the Algarve coast, enhancing its potential for short-term vacation rentals as tourism drives high demand. With a fair value that exceeds the listing price by 11.6%, this apartment presents a compelling opportunity for generating strong rental income. Buy-and-hold Investing in this 2-bed apartment in Albufeira offers a promising buy-and-hold strategy given the ongoing demand from tourists and seasonal visitors. The combined fair value and rental yield of 3.4% support the potential for long-term appreciation while benefiting from the area's strong amenities. Luxury market Although not classified strictly as a luxury property, its appealing features and favorable location enable it to attract buyers looking for premium options within the Albufeira market. The apartment's fair value highlights its desirability, offering a strategic entry point into the competitive luxury segment of the local real estate market.
Economic Vulnerability With an economic stability score of 70/100, the property may be susceptible to economic downturns which could negatively impact rental income and tenant retention.
