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 125 m², built in 2003, energy rating C. Located on rua Manuel José de Paiva, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment features a private garage and storage room, along with exclusive access to beautifully maintained gardens and two swimming pools, enhancing its appeal for leisure and convenience.
The valuation. The asking price of €375,000 sits €31,016 (8.3%) below the fair value of €406,016, indicating that the property is underpriced. This creates an immediate opportunity for potential buyers looking for value in the current market.
Fair value modelled at €406,016 from the area baseline, adjusted for condition and location. Asking €375,000 sits €31,016 (8.3%) below — the upside to fair value.
Asking €375,000 versus the rua Manuel José de Paiva area baseline of €434,500 (€3,476/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 80 · Room dimensions 74). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 67/100 (Housing Market 70 · Amenities 70 · Economic 60 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Manuel José de Paiva
Area baseline €434,500 + condition +€977 + location +€25,789 = modelled fair value of €406,016 (€3,248/m²), a €31,016 (8.3%) gap versus the €375,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Manuel José de Paiva | Subject | €375,000 | €3,000 | — | 72 | 67 |
| Quarteira · 6d5474 | Active | €599,000 | €3,915 | 30.5% | 80 | 72 |
| rua da Esteva, 11 | Active | €360,000 | €3,789 | 26.3% | 65 | 61 |
| Albufeira e Olhos de Água · 03254d | Active | €450,000 | €3,913 | 30.4% | 70 | 72 |
| Quarteira · 0dcd89 | Active | €545,000 | €3,244 | 8.1% | 74 | 71 |
| Median comp | €497,500 | €3,851 | 28.4% | 72 | 72 |
Short-term vacation rental The 2-bed apartment in Albufeira e Olhos de Água is positioned attractively within the Algarve, a leading tourism destination, making it suitable for a short-term vacation rental strategy. With a fair value gap of 8.3%, this property promises potential appreciation in an active rental market driven by seasonal tourism. Buy-and-hold Given its fair value is slightly above the listing price, investing in this apartment as a buy-and-hold strategy could yield positive long-term results as property values are likely to rise in a tourism-centric area. The solid neighborhood rating of 67/100 adds further confidence in maintaining tenant interest and value appreciation. Long-term rental While the gross yield is currently at 0%, the strategic location in Albufeira e Olhos de Água suggests that the property could attract stable long-term tenants over time. Its adequate condition rating of 76/100 supports its appeal as a long-term rental option in a rental market bolstered by seasonal demand from tourists.
Moderate Economic Exposure The economic stability score of 60/100 suggests potential vulnerabilities in economic conditions that could impact tenant retention and rental income stability.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
