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.
1-bedroom, 2-bathroom apartment of 144 m², energy rating C. Located on rua dos Pardais, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This property features a large terrace perfect for outdoor entertaining, complemented by direct access to the development’s landscaped gardens and swimming pools.
The valuation. The asking price of €399,000 is below the fair value of €462,660, representing an underpricing of €63,660 (16.0%). This position offers a compelling opportunity for prospective investors.
Fair value modelled at €462,660 from the area baseline, adjusted for condition and location. Asking €399,000 sits €63,660 (16.0%) below — the upside to fair value.
Asking €399,000 versus the rua dos Pardais area baseline of €496,800 (€3,450/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 78 · Room dimensions 76). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 65/100 (Housing Market 70 · Amenities 65 · Economic 60 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua dos Pardais
Area baseline €496,800 + condition -€450 + location +€26,214 = modelled fair value of €462,660 (€3,213/m²), a €63,660 (16.0%) gap versus the €399,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua dos Pardais | Subject | €399,000 | €2,771 | — | 72 | 65 |
| rua do Município, 18 | Active | €249,000 | €2,830 | 2.1% | — | 64 |
| Albufeira e Olhos de Água · 4ba915 | Active | €255,000 | €3,355 | 21.1% | 72 | 74 |
| Albufeira e Olhos de Água · 023874 | Active | €535,000 | €2,524 | 8.9% | 78 | 78 |
| rua José Afonso | Active | €165,000 | €2,391 | 13.7% | 57 | 70 |
| Median comp | €252,000 | €2,677 | 3.4% | 72 | 72 |
Short-term vacation rental This property presents a compelling opportunity as a short-term vacation rental, given its fair value of €462,660 compared to the listing price of €399,000, indicating it is underpriced by 16.0%. With a gross yield of 3.8%, the investment benefits from the strong tourist activity and demand in the Albufeira area. Long-term rental For long-term rental purposes, this 1-bed apartment in a prime Algarve location is an attractive choice, featuring a desirable gap of 16.0% below fair value, which demonstrates the potential for appreciation. The neighborhood’s score of 65/100 suggests a stable environment for renters, bolstering the appeal of this investment strategy. Buy-and-hold Adopting a buy-and-hold strategy for this property could yield significant returns, as it is currently listed at €399,000, a notable 16.0% below its fair value of €462,660. The combination of solid long-term potential, along with the 3.8% gross yield, makes it an attractive asset to hold in a buoyant market like Albufeira.
Economic Volatility Risk The economic stability score of 60/100 indicates a moderate risk of economic fluctuations that could affect property occupancy rates and rental income.
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