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 96 m², built in 1988, energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment is situated in a charming village that offers not only picturesque gardens and swimming pools but also a convenient bar and restaurant, enhancing the community lifestyle.
The valuation. The asking price of €390,000 is notably above the fair value of €324,810, resulting in an overpriced status of €65,190 (16.7%). This discrepancy indicates a lack of investment appeal in the current market.
Fair value modelled at €324,810 from the area baseline, adjusted for condition and location. Asking €390,000 sits €65,190 (16.7%) above — overpriced versus fair value.
Asking €390,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €291,264 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 75 · Materials 80 · Room dimensions 81). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 80 · Amenities 80 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €291,264 + condition +€6,750 + location +€26,796 = modelled fair value of €324,810 (€3,383/m²), a €65,190 (16.7%) gap versus the €390,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 90da03 | Subject | €390,000 | €4,063 | — | 75 | 73 |
| rua das Telecomunicações, 25 | Active | €465,000 | €4,346 | 7.0% | 76 | 73 |
| estrada das Sesmarias | Active | €299,000 | €5,436 | 33.8% | 81 | 74 |
| estrada das Sesmarias | Active | €299,000 | €5,436 | 33.8% | 76 | 80 |
| beco José Ramos Pimenta S / N | Active | €188,000 | €4,087 | 0.6% | 82 | 62 |
| Median comp | €299,000 | €4,891 | 20.4% | 79 | 74 |
Short-term vacation rental Despite being in a high-demand tourist area, the apartment is overpriced at €390,000 compared to its fair value of €324,810, creating a significant barrier for a profitable short-term rental investment. With a gross yield of only 4.1%, the potential returns do not justify the current asking price. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable given its 16.7% price gap above fair value, meaning the initial financial outlay is excessive. The combination of an underwhelming gross yield of 4.1% and high purchase price indicates that long-term appreciation will likely be insufficient to offset the initial overvaluation. Family rental As a family rental, while the area offers good local amenities, the asking price of €390,000 positions it as overpriced compared to its fair value of €324,810, which could deter potential tenants. The low yield of 4.1%, coupled with the overvaluation, suggests limited financial upside for prospective landlords in this segment.
Economic Vulnerability The economic stability score of 60 indicates a heightened risk of market fluctuations, potentially impacting rental income and property value.
