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 57 m². Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment features a bright living room with wooden flooring and direct access to a cozy balcony, enhancing its appeal for relaxation and outdoor enjoyment.
The valuation. The asking price of €160,000 is below the fair value of €165,199 by €5,199, indicating the property is subvalorizada by approximately 3.2%.
Fair value modelled at €165,199 from the area baseline, adjusted for condition and location. Asking €160,000 sits €5,199 (3.2%) below — the upside to fair value.
Asking €160,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €172,938 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 50/100 (Condition 55 · Materials 50 · Room dimensions 52). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 75 · 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 €172,938 + condition -€22,266 + location +€14,527 = modelled fair value of €165,199 (€2,898/m²), a €5,199 (3.2%) gap versus the €160,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 09000a | Subject | €160,000 | €2,807 | — | 55 | 71 |
| rua José Afonso | Active | €165,000 | €2,391 | 14.8% | 57 | 70 |
| Albufeira e Olhos de Água · 82c798 | Active | €265,000 | €2,704 | 3.7% | 48 | 66 |
| rua Vasco Santana S / N | Active | €235,000 | €2,640 | 5.9% | 52 | 77 |
| rua do Município, 18 | Active | €249,000 | €2,830 | 0.8% | — | 64 |
| Median comp | €242,000 | €2,672 | 4.8% | 52 | 68 |
Short-term vacation rental This 1-bed apartment in Albufeira e Olhos de Água, priced at €160,000, is already aligned closely with its fair value, presenting a 3.2% gap. With a gross yield of 6.5%, this property is an attractive option for investors looking to capitalize on the area's tourism-driven economy. Long-term rental Investors could find this property appealing for long-term rental purposes, given its proximity to amenities and safety typical of tourist regions. The fair value of €165,199 supports a stable rental income, particularly with a gross yield of 6.5%, reflecting strong demand within the neighborhood. Buy-and-hold Buying this property represents a sound buy-and-hold strategy, as it is in an area known for consistent tourist visitation and expatriate interest. The positive indicators, like the gross yield of 6.5% and favorable neighborhood rating, suggest potential appreciation over time despite the market being near fair value.
Economic Vulnerability The economic stability score of 65/100 indicates potential risks due to economic fluctuations that could impact tenant retention and rental income.