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 63 m². Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment features a private balcony overlooking the city, enhancing its appeal for outdoor enjoyment in a well-maintained urban setting.
The valuation. The asking price of €2,850,000 significantly exceeds the fair value of €195,802 by €2,654,198 (93.1%). This property is overpriced and does not present a sound investment justification based on its current market valuation.
Fair value modelled at €195,802 from the area baseline, adjusted for condition and location. Asking €2,850,000 sits €2,654,198 (93.1%) above — overpriced versus fair value.
Asking €2,850,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €191,142 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 (Condition 62 · Materials 66 · Room dimensions 67). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 80 · Economic 55 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €191,142 + condition -€10,631 + location +€15,291 = modelled fair value of €195,802 (€3,108/m²), a €2,654,198 (93.1%) gap versus the €2,850,000 asking price.
Short-term vacation rental The property’s listing price of €2,850,000 significantly exceeds the fair value of €195,802, creating a 93.1% gap that suggests the investment is overpriced. Given the current yield of 0% and the tourism-dependent economy of the location, it will be challenging to achieve returns in the short-term rental market. Buy-and-hold Investing in this property for a buy-and-hold strategy appears unwise due to its substantial overpricing compared to the fair value of €195,802 and a yield of 0%. Furthermore, the neighborhood's economic reliance on a limited tourism market may restrict long-term growth unless substantial price corrections occur. Long-term rental The property’s valuation at €2,850,000 presents a severe mismatch with its fair value of €195,802, indicating it is overpriced for long-term rental strategies. Additionally, with a gross yield of 0% and limited employment diversity in the area, potential rental income may not justify the investment. Not ideal for student housing This property is not suitable for student housing, primarily due to its overpriced position at €2,850,000 against a fair value of €195,802. The lack of affordability and the economic landscape centered around tourism do not support a stable student rental market. Not ideal for luxury market Given its substantial overpricing, the property is poorly positioned to attract the luxury market, which typically demands exceptional value and amenities. With a fair value of €195,802, the expected returns are unlikely to meet the standards set by this segment.
Economic Vulnerability The property has an economic stability score of 55/100, indicating potential risks related to economic downturns that could affect rental income and property value.
