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 €379,250 (€3,034/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 €379,250 + 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.
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.
