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, 1-bathroom apartment of 86 m², built in 1991, energy rating D. Located on estrada municipal 1177, Paderne parish, Albufeira municipality, Faro district. Noteworthy Features: The apartment features a closed balcony in a marquee, providing additional versatile living space alongside its unobstructed views and good sun exposure.
The valuation. The asking price of €235,000 is significantly above the fair value of €74,052, indicating an overpriced property by €160,948 (68.5%). This suggests that investing in this apartment would not yield favorable financial returns.
Fair value modelled at €74,052 from the area baseline, adjusted for condition and location. Asking €235,000 sits €160,948 (68.5%) above — overpriced versus fair value.
Asking €235,000 versus the estrada municipal 1177 area baseline of €347,956 (€4,046/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 (Condition 66 · Materials 60 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 62/100 (Housing Market 70 · Amenities 55 · Economic 60 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
estrada municipal 1177
Area baseline €347,956 + condition -€16,797 + location +€4,161 = modelled fair value of €74,052 (€861/m²), a €160,948 (68.5%) gap versus the €235,000 asking price.
Short-term vacation rental The property is overpriced at €235,000, given its fair value of only €74,052, creating a significant gap of 68.5%. With a gross yield of 0% and a condition rating of 63/100, the potential returns from vacation rentals appear inadequate compared to the investment required. Long-term rental Investing in this 2-bed apartment for long-term rental is not advisable, as its listing price is well above the fair value of €74,052, leading to an overpriced situation of 68.5%. The below-average neighborhood rating of 62/100, coupled with no observable rental yield, suggests limited demand for long-term tenants. Buy-and-hold Given the significant price discrepancy of 68.5% between the listing price and its fair value of €74,052, the buy-and-hold strategy for this property is compromised by its overpriced nature. The combination of a low yield and a condition rating of 63/100 limits potential capital appreciation and overall investment viability.
Tenant turnover risk The tenant stability score of 65/100 indicates a moderate risk of tenant turnover, which could result in higher vacancy rates and associated costs over time.
