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, built in 1988, energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment boasts a unique layout with versatile usage of additional rooms, providing potential for family living or maximizing rental income, along with direct access to the communal pool.
The valuation. The asking price of €399,000 sits below the fair value of €490,711, indicating the property is subvalued by €91,711 or 23.0%.
Fair value modelled at €490,711 from the area baseline, adjusted for condition and location. Asking €399,000 sits €91,711 (23.0%) below — the upside to fair value.
Asking €399,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €436,896 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 75 · Materials 82 · 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 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €436,896 + condition +€10,125 + location +€43,690 = modelled fair value of €490,711 (€3,408/m²), a €91,711 (23.0%) gap versus the €399,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 65a70a | Subject | €399,000 | €2,771 | — | 75 | 75 |
| rua dos Pardais | Active | €399,000 | €2,771 | 0% | 72 | 65 |
| Albufeira e Olhos de Água · 4baae3 | Active | €255,000 | €3,923 | 41.6% | 76 | 63 |
| Albufeira e Olhos de Água · 4ba915 | Active | €255,000 | €3,355 | 21.1% | 72 | 74 |
| Albufeira e Olhos de Água · 4a7eb3 | Active | €265,000 | €3,897 | 40.6% | 74 | 75 |
| Median comp | €260,000 | €3,626 | 30.9% | 73 | 70 |
Short-term vacation rental The property is well-positioned for short-term vacation rentals, especially given the Algarve's popularity as a tourist destination. With a gross yield of 3.6% and a fair value gap of 23.0%, this investment offers potential for healthy returns in the vacation rental market. Long-term rental With a solid neighborhood rating of 75/100 and a decent condition score of 80/100, this 1-bed apartment is suitable for long-term rental. The pricing at €399,000 presents an attractive entry point given the fair value of €490,711, suggesting a profitable opportunity for sustained rental income. Buy-and-hold This property represents a viable buy-and-hold strategy, capitalizing on its fair value gap to generate appreciation in the Algarve’s housing market. The current price reflects a 23.0% discount to preferred fair value, emphasizing its potential as a long-term asset in a desirable coastal location.
Economic Weakness Risk With an economic stability score of 70/100, the property's investment may be vulnerable to fluctuations in the local economy, potentially affecting rental income and property value.
