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 212 m², built in 1987, energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Feature: The apartment includes a 100 m² private terrace, ideal for outdoor entertainment and sunbathing, perfectly positioned just steps from the Clubhouse and pool. Condition Details: Recently renovated with modern finishes for immediate enjoyment or rental.**
The valuation. The asking price of €535,000 is significantly below the fair value of €736,447, reflecting an undervaluation of €201,447 (37.7%). This positions the property as a lucrative opportunity for investors.
Fair value modelled at €736,447 from the area baseline, adjusted for condition and location. Asking €535,000 sits €201,447 (37.7%) below — the upside to fair value.
Asking €535,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €643,208 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 78 · Materials 83 · Room dimensions 82). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 78/100 (Housing Market 80 · Amenities 85 · 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 €643,208 + condition +€21,200 + location +€72,039 = modelled fair value of €736,447 (€3,474/m²), a €201,447 (37.7%) gap versus the €535,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 023874 | Subject | €535,000 | €2,524 | — | 78 | 78 |
| Albufeira e Olhos de Água · 6fbaa3 | Active | €535,000 | €2,524 | 0% | 76 | 71 |
| rua dos Pardais | Active | €399,000 | €2,771 | 9.8% | 72 | 65 |
| Albufeira e Olhos de Água · 65a7e8 | Active | €395,000 | €3,527 | 39.8% | 80 | 71 |
| Albufeira e Olhos de Água · ba3e6c | Active | €330,000 | €3,511 | 39.1% | 80 | 61 |
| Median comp | €397,000 | €3,141 | 24.5% | 78 | 68 |
Short-term vacation rental Given the robust tourism presence in Albufeira, this property presents an excellent opportunity for short-term vacation rentals, capitalizing on the 37.7% gap versus fair value of €736,447. The high condition score of 81/100 indicates it is well-maintained, making it attractive for holidaymakers seeking quality lodging. Long-term rental This 2-bed apartment, with a fair value significantly exceeding its listing price, offers a strategic investment for long-term rental potential, appealing to both local and expatriate residents. The neighbourhood rating of 78/100 suggests a healthy demand for rental properties, further enhancing its appeal. Family rental The spacious 212m² layout positions this apartment as a compelling option for families seeking residential rentals in a family-friendly environment, supported by the area's tourism-driven economy. With a solid condition rating of 81/100, the property is poised to attract families looking for quality and comfort in their living arrangements.
Economic vulnerability With an economic stability score of 65/100, there is a moderate risk of economic downturns affecting rental income and property value.
