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 56 m² on the 2nd floor, energy rating E. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This property includes new kitchen appliances and air conditioning in the master bedroom and living room, enhancing comfort and convenience for modern living.
The valuation. The asking price of €340,000 is significantly above the fair value of €180,052, representing a 47.0% premium. This property is overpriced based on market analysis and comparable sales.
Fair value modelled at €180,052 from the area baseline, adjusted for condition and location. Asking €340,000 sits €159,948 (47.0%) above — overpriced versus fair value.
Asking €340,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €194,656 (€3,476/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 73 · Materials 80 · Room dimensions 77). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 63/100 (Housing Market 72 · Amenities 65 · Economic 58 · Tenant Quality 54). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €194,656 + condition +€1,313 + location +€8,835 = modelled fair value of €180,052 (€3,215/m²), a €159,948 (47.0%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 82c786 | Subject | €340,000 | €6,071 | — | 73 | 63 |
| avenida da Liberdade, 117 | Active | €295,000 | €6,277 | 3.4% | 80 | 63 |
| Albufeira e Olhos de Água · 82c66e | Active | €345,000 | €4,157 | 31.5% | 85 | 79 |
| estrada de Santa Eulália | Active | €265,000 | €4,077 | 32.9% | 78 | 69 |
| Median comp | €295,000 | €4,157 | 31.5% | 80 | 69 |
Short-term vacation rental This property, listed at €340,000, is overpriced compared to the fair value of €180,052, resulting in a significant 47.0% gap. With a gross yield of only 3%, the return on investment in a typical Algarve tourist area may not justify the high acquisition price. Buy-and-hold Holding onto this property may lead to limited appreciation, given its current price is 47.0% above the assessed fair value of €180,052. The low gross yield of 3% suggests that long-term capital gains will struggle to compensate for the initial overvaluation. Family rental While the property is situated in a decent neighborhood with amenities, at €340,000, it is overpriced by 47.0% relative to its fair value. The 77/100 condition score may attract families, but the yield of only 3% raises concerns about the financial viability for potential family tenants compared to its inflated market price.
Potential tenant turnover risk With a tenant stability score of 54/100, there is a significant risk of higher tenant turnover, which can lead to increased vacancy rates and associated costs.
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