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 60 m². Located Ferreiras parish, Albufeira municipality, Faro district. Noteworthy Features: The apartment features a private balcony with views of the surrounding area and includes community access to a well-maintained swimming pool, enhancing the lifestyle appeal.
The valuation. The asking price of €285,000 significantly exceeds the fair value of €193,422, positioning it as overpriced by €91,578 or 32.1%. This indicates a challenging investment environment due to inflated pricing.
Fair value modelled at €193,422 from the area baseline, adjusted for condition and location. Asking €285,000 sits €91,578 (32.1%) above — overpriced versus fair value.
Asking €285,000 versus the Ferreiras, Albufeira, Faro area baseline of €156,600 (€2,610/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 (Condition 70 · Materials 65 · Room dimensions 74). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 70 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Ferreiras, Albufeira, Faro
Area baseline €156,600 + condition -€6,094 + location +€17,476 = modelled fair value of €193,422 (€3,224/m²), a €91,578 (32.1%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ferreiras · 0dcc7c | Subject | €285,000 | €4,750 | — | 70 | 74 |
| Ferreiras · ba5a6d | Active | €299,500 | €4,218 | 11.2% | 68 | 70 |
| Albufeira e Olhos de Água · 001626 | Active | €270,000 | €4,909 | 3.3% | 68 | 74 |
| rua António Sérgio, 117 | Active | €265,000 | €3,155 | 33.6% | 65 | 72 |
| Albufeira e Olhos de Água · 9373f9 | Active | €350,000 | €4,667 | 1.8% | 70 | 63 |
| Median comp | €284,750 | €4,443 | 6.5% | 68 | 71 |
Short-term vacation rental The 32.1% gap between the asking price and fair value severely impacts potential profitability in the short-term vacation rental market, particularly as the property yields 0% gross. Given the central Algarve's appeal to tourists, this property would struggle to attract guests at its current price, resulting in a poor investment choice. Long-term rental With a fair value significantly lower than the asking price, this property poses challenges for long-term rental profitability, especially since the yield stands at 0%. Renters in the area may be deterred by the high asking price relative to the overall tenant quality and condition of the apartment. Buy-and-hold Investing in this property as a buy-and-hold strategy may not be advisable given its status as overpriced, with the fair value at €193,422. Over time, appreciation potential is limited in a neighbourhood with a condition rating of 69/100, detracting from the overall investment appeal.
Economic and Tenant Instability Risk: With both economic stability and tenant stability scores at 65/100, there's a significant risk of unstable cash flow due to potential increases in vacancy rates and economic fluctuations.
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