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 59 m², built in 1990, energy rating D. Located on avenida Sá Carneiro, 19, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment features a pleasant balcony that offers a perfect spot to enjoy the Algarve climate, enhancing its appeal as a holiday rental in a prime tourist area.
The valuation. The asking price of €269,000 is significantly above the fair value of €179,882, representing an overvaluation of €89,118 (33.1%). This property is currently overpriced for the market.
Fair value modelled at €179,882 from the area baseline, adjusted for condition and location. Asking €269,000 sits €89,118 (33.1%) above — overpriced versus fair value.
Asking €269,000 versus the avenida Sá Carneiro, 19 area baseline of €179,006 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 (Condition 65 · Materials 60 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 65/100 (Housing Market 75 · Amenities 60 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
avenida Sá Carneiro, 19
Area baseline €179,006 + condition -€9,864 + location +€10,740 = modelled fair value of €179,882 (€3,049/m²), a €89,118 (33.1%) gap versus the €269,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Sá Carneiro, 19 | Subject | €269,000 | €4,559 | — | 65 | 65 |
| rua do Atlântico, 33A | Active | €285,000 | €4,524 | 0.8% | 68 | 73 |
| Albufeira e Olhos de Água · 001626 | Active | €270,000 | €4,909 | 7.7% | 68 | 74 |
| Albufeira e Olhos de Água · 99f178 | Active | €202,500 | €4,821 | 5.7% | 65 | 73 |
| Albufeira e Olhos de Água · 99f39d | Active | €318,000 | €4,077 | 10.6% | 70 | 71 |
| Median comp | €277,500 | €4,673 | 2.5% | 68 | 73 |
Short-term vacation rental The property presents an opportunity for short-term vacation rentals, yet at a listing price of €269,000, it is priced significantly above its fair value of €179,882, indicating a 33.1% gap. Coupled with a gross yield of only 4.1%, the potential return does not justify the elevated price point. Long-term rental Investing in long-term rentals may be challenging given the listing price of €269,000, which is above its fair value of €179,882 with a notable 33.1% gap. The gross yield of 4.1% and the condition ratings further suggest limited profitability in a saturated rental market. Buy-and-hold The buy-and-hold strategy seems less favorable for this property, priced at €269,000, which is significantly over its fair value of €179,882 by 33.1%. The low gross yield of 4.1% in conjunction with an average neighborhood condition suggests that this investment may not deliver optimal long-term returns.
Economic Vulnerability The economic stability score of 55/100 indicates a moderate risk of economic downturns impacting property value and tenant retention.
