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, 1-bathroom apartment of 63 m², energy rating C. Located on avenida Sa Carneiro, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This first-floor apartment boasts a 4.65 m² balcony and a reserved parking space, enhancing convenience and outdoor enjoyment in the vibrant Albufeira area.
The valuation. The asking price of €255,000 is €54,913 (21.5%) above the fair value of €200,087, indicating that the property is overpriced. This discrepancy requires careful consideration before investing.
Fair value modelled at €200,087 from the area baseline, adjusted for condition and location. Asking €255,000 sits €54,913 (21.5%) above — overpriced versus fair value.
Asking €255,000 versus the avenida Sa Carneiro area baseline of €191,142 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 70 · Materials 65 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 80 · Amenities 70 · Economic 60 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
avenida Sa Carneiro
Area baseline €191,142 + condition -€7,875 + location +€16,820 = modelled fair value of €200,087 (€3,176/m²), a €54,913 (21.5%) gap versus the €255,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Sa Carneiro | Subject | €255,000 | €4,048 | — | 70 | 72 |
| Albufeira e Olhos de Água · 99f39d | Active | €318,000 | €4,077 | 0.7% | 70 | 71 |
| Albufeira e Olhos de Água · de0b7a | Active | €370,000 | €5,286 | 30.6% | — | 76 |
| Albufeira e Olhos de Água · 82c791 | Active | €385,000 | €4,053 | 0.1% | — | 67 |
| estrada de Santa Eulália | Active | €300,000 | €4,688 | 15.8% | 70 | 70 |
| Median comp | €344,000 | €4,383 | 8.3% | 70 | 71 |
Long-term rental The 2-bed apartment in Albufeira e Olhos de Água is currently overpriced by 21.5%, which could hinder cash flow in the long-term rental market given its yield of only 4.4%. With economic stability affected by seasonal employment, this investment may not provide the expected return on investment. Short-term vacation rental Despite being in a location likely to attract vacation renters, the overpriced situation of this apartment at €255,000 reduces its attractiveness in the short-term rental market. High competition and the economic conditions might lead to lower occupancy rates than anticipated, impacting profitability. Buy-and-hold Acquiring this property as a buy-and-hold investment is risky due to its substantial gap from fair value, signaling that market corrections could be on the horizon. With a current fair value of €200,087, holding onto this overpriced asset may not yield favorable long-term returns as market conditions evolve.
Economic Vulnerability The economic stability score of 60/100 indicates potential volatility in the market, which could affect rental income and property value.
