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 on the 2nd floor, energy rating D. Located on rua do Atlântico, 33A, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment's two balconies overlook vibrant city life, enhancing both the natural light throughout the space and the enjoyment of the area's dynamic atmosphere.
The valuation. The asking price of €285,000 is significantly above the fair value of €199,572, representing an excess of €85,428 (30.0%). This property is overpriced based on current market conditions.
Fair value modelled at €199,572 from the area baseline, adjusted for condition and location. Asking €285,000 sits €85,428 (30.0%) above — overpriced versus fair value.
Asking €285,000 versus the rua do Atlântico, 33A area baseline of €191,142 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 (Condition 68 · Materials 62 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 78 · Amenities 70 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua do Atlântico, 33A
Area baseline €191,142 + condition -€9,155 + location +€17,585 = modelled fair value of €199,572 (€3,168/m²), a €85,428 (30.0%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Atlântico, 33A | Subject | €285,000 | €4,524 | — | 68 | 73 |
| Albufeira e Olhos de Água · ba58bd | Active | €202,500 | €3,616 | 20.1% | 74 | 65 |
| avenida Sá Carneiro, 19 | Active | €269,000 | €4,559 | 0.8% | 65 | 65 |
| Albufeira e Olhos de Água · ba5a7b | Active | €250,000 | €3,906 | 13.7% | 70 | 70 |
| Albufeira e Olhos de Água · 001626 | Active | €270,000 | €4,909 | 8.5% | 68 | 74 |
| Median comp | €259,500 | €4,233 | 6.4% | 69 | 68 |
Short-term vacation rental The current pricing of the 1-bed apartment at €285,000 reflects a 30.0% gap above its fair value of €199,572, making it less attractive for short-term vacation rentals in the region. With a gross yield of 4.1%, the property would struggle to compete against better-priced alternatives for tourists seeking value. Buy-and-hold The investment thesis for holding this property is challenged by its overpriced valuation, which sits 30.0% higher than the fair value of €199,572. Despite the neighborhood's decent ranking of 73/100, the investment return potential is diminished by the current market price, inhibiting long-term appreciation prospects. Family rental At a listing price of €285,000, this 1-bed apartment is significantly overpriced compared to its fair value of €199,572, which decreases its feasibility for family rental purposes. With a condition score of 66/100, potential tenants might find better value elsewhere, limiting rental appeal and tenant quality in this demographic.
Economic Vulnerability The economic stability score of 65/100 suggests potential fluctuations in market conditions that could impact property value and rental income stability.