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, 0-bathroom apartment of 31 m². Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment boasts exclusive access to resort amenities like a stunning 9-hole golf course and multiple tennis courts, enhancing both leisure and investment potential.
The valuation. The asking price of €1,100,000 significantly exceeds the fair value of €105,252, making it overpriced by €994,748 (90.4%). This discrepancy suggests the property represents poor financial judgment in terms of cost versus value.
Fair value modelled at €105,252 from the area baseline, adjusted for condition and location. Asking €1,100,000 sits €994,748 (90.4%) above — overpriced versus fair value.
Asking €1,100,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €94,054 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 80 · Materials 77 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 80 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €94,054 + condition +€1,792 + location +€9,405 = modelled fair value of €105,252 (€3,395/m²), a €994,748 (90.4%) gap versus the €1,100,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 1e63d7 | Subject | €1,100,000 | €35,484 | — | 80 | 75 |
| rua Samora Barros | Active | €350,000 | €7,609 | 78.6% | 85 | 76 |
| Albufeira e Olhos de Água · dee5ee | Active | €341,000 | €4,608 | 87.0% | 80 | 71 |
| Albufeira e Olhos de Água · ba573d | Active | €219,000 | €4,563 | 87.1% | 75 | 71 |
| estrada de Santa Eulália | Active | €300,000 | €4,688 | 86.8% | 70 | 70 |
| Median comp | €320,500 | €4,648 | 86.9% | 78 | 71 |
Short-term vacation rental This property is overpriced with a significant 90.4% gap from its fair value of €105,252, which makes it a poor investment for short-term rental strategies. Additionally, the 0% yield reflects the lack of rental income potential, despite the area’s high tourism appeal. Buy-and-hold Given the property's significant overvaluation of €1,100,000 compared to its fair value, it is not a sensible choice for a buy-and-hold strategy. The current condition score of 79/100 suggests some appeal, but this is overshadowed by the unrealistic pricing in a highly seasonal market. Value-add renovation Although value-add renovation strategies often present opportunities to increase property value, the significant 90.4% overpricing of this apartment makes it a questionable venture. With a fair value of only €105,252, the potential for profitable renovations may not justify the initial inflated investment cost.
Economic Dependency Risk The property has a modest economic stability score of 70/100, which may indicate vulnerability to economic downturns affecting tenant retention and rental income.
