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 42 m² on the 2nd floor, built in 1986, energy rating E. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment features a versatile extra room, ideal for an office or storage, enhancing its functionality beyond standard living space.
The valuation. The asking price of €202,500 is significantly above the fair value of €129,308, resulting in an overvaluation of €73,192 (36.1%). This indicates the property is overpriced based on current market conditions.
Fair value modelled at €129,308 from the area baseline, adjusted for condition and location. Asking €202,500 sits €73,192 (36.1%) above — overpriced versus fair value.
Asking €202,500 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €127,428 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 60/100 (Condition 65 · Materials 57 · Room dimensions 63). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 80 · Amenities 70 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €127,428 + condition -€9,844 + location +€11,723 = modelled fair value of €129,308 (€3,079/m²), a €73,192 (36.1%) gap versus the €202,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 99f178 | Subject | €202,500 | €4,821 | — | 65 | 73 |
| avenida Sá Carneiro, 19 | Active | €269,000 | €4,559 | 5.4% | 65 | 65 |
| rua do Atlântico, 33A | Active | €285,000 | €4,524 | 6.2% | 68 | 73 |
| rua Vasco Santana, 110 | Active | €275,000 | €4,044 | 16.1% | 69 | 70 |
| Albufeira e Olhos de Água · 001626 | Active | €270,000 | €4,909 | 1.8% | 68 | 74 |
| Median comp | €272,500 | €4,542 | 5.8% | 68 | 72 |
Short-term vacation rental Despite the high tourist appeal in Albufeira, the property is overpriced, limiting potential returns from short-term rentals. With a gross yield of only 4.6%, the financial feasibility of this strategy is compromised by the 36.1% gap to its fair value. Long-term rental In the current market context, the 1-bed apartment is overpriced, which could hinder competitive long-term rental pricing. Although the neighborhood's amenities are satisfactory, the property’s financial outlook is negatively impacted by the valuation gap. Buy-and-hold As it stands, this investment appears overpriced and not aligned with a buy-and-hold strategy that anticipates property appreciation. The existing condition score of 60/100 suggests that ongoing maintenance will be necessary, further detracting from its long-term investment appeal.
Economic Downturn Risk The property has an economic stability score of 65/100, indicating a potential vulnerability to economic downturns that may lead to decreased demand or tenant turnover.
