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 64 m², built in 1995, energy rating C. Located on estrada de Santa Eulália, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This property includes a converted studio with its own kitchen and bathroom, providing potential rental income alongside the main apartment. Condition Notes: It offers excellent sun exposure and a modern kitchen with fully furnished appliances.
The valuation. The asking price of €300,000 is significantly above fair value at €206,210, which results in an overpricing of €93,790 (31.3%). Thus, this property should be approached with caution. Buy-to-flip angle. A buy-to-flip strategy would require renovations to enhance value, though the current high asking price limits potential profit margins. The focus would be on cosmetic upgrades to attract buyers in a competitive market. Buy-to-let angle. With an estimated rental income of €950/month, the gross yield stands at 3.8%, a figure that may be too low for investors seeking strong returns in a tourist-heavy area. Targeting short-term vacation rentals could maximize income potential.
Fair value modelled at €206,210 from the area baseline, adjusted for condition and location. Asking €300,000 sits €93,790 (31.3%) above — overpriced versus fair value.
Asking €300,000 versus the estrada de Santa Eulália area baseline of €194,176 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 70 · Materials 75 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
estrada de Santa Eulália
Area baseline €194,176 + condition -€3,500 + location +€15,534 = modelled fair value of €206,210 (€3,222/m²), a €93,790 (31.3%) gap versus the €300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada de Santa Eulália | Subject | €300,000 | €4,688 | — | 70 | 70 |
| avenida Sa Carneiro | Active | €255,000 | €4,048 | 13.7% | 70 | 72 |
| Albufeira e Olhos de Água · de0b7a | Active | €370,000 | €5,286 | 12.8% | — | 76 |
| Albufeira e Olhos de Água · ac9815 | Active | €285,000 | €5,278 | 12.6% | 75 | 80 |
| Albufeira e Olhos de Água · 99f39d | Active | €318,000 | €4,077 | 13.0% | 70 | 71 |
| Median comp | €301,500 | €4,678 | 0.2% | 70 | 74 |
Short-term vacation rental The current listing price of €300,000 reflects a 31.3% gap above the fair value of €206,210, indicating that the property is overpriced. While the tourist-heavy location could drive demand, the low gross yield of 3.8% suggests that income potential may not justify the steep price. Buy-and-hold Given its location in a seasonal tourist region, holding this property might seem appealing; however, the 31.3% discrepancy from fair value indicates that it is overpriced. An investment strategy here may not yield significant long-term returns given the current valuation and the 3.8% gross yield. Family rental While family rentals may benefit from the surrounding amenities and decent tenant quality, the property’s price being 31.3% above fair value signals that it is overpriced. This could limit potential profits as the rental demand from families would need to overcome the high entry price to ensure adequate returns.
Economic Vulnerability The property may experience increased vacancy rates due to an economic stability score of 65/100, indicating potential fluctuations in tenant demand.
