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 153 m², built in 2002, energy rating D. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy features: This apartment boasts direct access to a private garden, perfect for al fresco dining and relaxation, enhancing the outdoor living experience just 100 meters from Oura Beach.
The valuation. The asking price of €445,000 is below the fair value of €506,781, indicating it is underpriced by €61,781 (13.9%). This presents an opportunity for potential investment growth.
Fair value modelled at €506,781 from the area baseline, adjusted for condition and location. Asking €445,000 sits €61,781 (13.9%) below — the upside to fair value.
Asking €445,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €464,202 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 73 · Materials 78 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 80 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €464,202 + condition +€3,586 + location +€38,993 = modelled fair value of €506,781 (€3,312/m²), a €61,781 (13.9%) gap versus the €445,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 6d54c8 | Subject | €445,000 | €2,908 | — | 73 | 71 |
| Albufeira e Olhos de Água · 6fbaa3 | Active | €535,000 | €2,524 | 13.2% | 76 | 71 |
| rua do Mediterrâneo | Active | €349,000 | €3,324 | 14.3% | 76 | 71 |
| estrada de Vale de Pedras, 101 | Active | €365,000 | €2,992 | 2.9% | 72 | 71 |
| Albufeira e Olhos de Água · ac9820 | Active | €350,000 | €3,889 | 33.7% | 75 | 61 |
| Median comp | €357,500 | €3,158 | 8.6% | 76 | 71 |
Short-term vacation rental With a fair value significantly above its listing price, this 2-bed apartment in Albufeira presents an attractive short-term vacation rental opportunity, capitalizing on the area's thriving tourism sector. The 4.5% gross yield indicates a solid potential return for investors looking to leverage the property's prime location. Buy-and-hold As a buy-and-hold investment, this property is positioned well due to its subvalued price, with the potential for long-term appreciation in a desirable neighbourhood. The combination of a stable demand for residential rentals and the fair value exceeding the listing price provides a compelling case for holding this asset long-term. Family rental This apartment is well-suited for family rental given its spacious layout and proximity to amenities in Albufeira, making it appealing for tenants seeking long-term stability. The competitive listing price relative to its fair market value enhances the property's attractiveness in attracting family tenants. Not ideal for: Student housing, Luxury market, Industrial investments Given the property’s characteristics and the local market dynamics, it is not a suitable option for student housing or luxury market investments, where demand may be lacking. Additionally, it is ill-fitted for industrial investments, as its residential nature does not support such endeavors.
Economic Vulnerability The property has a moderate economic stability score of 65/100, indicating potential susceptibility to economic downturns that may impact rental income.
