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, 3-bathroom apartment of 115 m². Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Property Feature: This apartment includes access to the exclusive amenities of Pine Cliffs Resort, such as an award-winning spa and a 9-hole golf course within a luxury setting.
The valuation. The asking price of €890,000 is significantly above the fair value of €386,137, reflecting an overestimation of €503,863 or 56.6%. The property is overpriced and does not align with its market worth.
Fair value modelled at €386,137 from the area baseline, adjusted for condition and location. Asking €890,000 sits €503,863 (56.6%) above — overpriced versus fair value.
Asking €890,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €396,750 (€3,450/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 74 · Materials 78 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 80 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €396,750 + condition +€2,336 + location +€34,891 = modelled fair value of €386,137 (€3,358/m²), a €503,863 (56.6%) gap versus the €890,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 1e63fb | Subject | €890,000 | €7,739 | — | 74 | 75 |
| avenida da Liberdade, 117 | Active | €295,000 | €6,277 | 18.9% | 80 | 63 |
| rua dos Bares | Active | €275,000 | €4,167 | 46.2% | 74 | 73 |
| Albufeira e Olhos de Água · 38911b | Active | €465,000 | €4,346 | 43.8% | 80 | 70 |
| rua da Vela Latina, 36 | Active | €489,000 | €4,842 | 37.4% | 75 | 74 |
| Median comp | €380,000 | €4,594 | 40.6% | 78 | 72 |
Short-term vacation rental Given the high tourist traffic in Albufeira e Olhos de Água, the short-term vacation rental market appears promising; however, the property is overpriced at €890,000 compared to a fair value of €386,137. With a gross yield of only 1.8%, the current asking price diminishes the potential rental income benefits. Luxury market Although targeting the luxury market could align with the property’s location, the €890,000 listing is significantly above its fair value of €386,137, making it hard to justify the investment. The luxury sector's appeal in a high-demand tourist area is undermined by the property being overpriced, limiting potential returns. Buy-and-hold In a buy-and-hold strategy, the property’s high listing price of €890,000 versus a fair value of €386,137 indicates significant overpricing, impacting long-term appreciation potential. The low gross yield of 1.8% further complicates the rationale for holding this asset in a long-term investment portfolio.
Economic Downturn Risk The economic stability score of 65/100 suggests a potential for economic downturns, which could negatively affect rental income and property value.
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