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 112 m². Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment is situated in a quiet gated community with two communal pools and includes three south-facing balconies, enhancing both privacy and outdoor living. Location Advantage: Just 1km from Albufeira beach, offering convenient access to local amenities., Valuation Verdict: Fair.
The valuation. The asking price of €395,000 is €14,398 (3.6%) above the fair value of €380,602, indicating that the property is overpriced and may not yield the desired return on investment.
Fair value modelled at €380,602 from the area baseline, adjusted for condition and location. Asking €395,000 sits €14,398 (3.6%) above — overpriced versus fair value.
Asking €395,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €339,808 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 80 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €339,808 + condition +€12,250 + location +€28,544 = modelled fair value of €380,602 (€3,398/m²), a €14,398 (3.6%) gap versus the €395,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 65a7e8 | Subject | €395,000 | €3,527 | — | 80 | 71 |
| Albufeira e Olhos de Água · ba3e6c | Active | €330,000 | €3,511 | 0.5% | 80 | 61 |
| rua do Mediterrâneo | Active | €349,000 | €3,324 | 5.8% | 76 | 71 |
| rua da Corcovada, 33P2 | Active | €395,000 | €3,950 | 12.0% | 74 | 77 |
| estrada de Vale de Pedras, 101 | Active | €365,000 | €2,992 | 15.2% | 72 | 71 |
| Median comp | €357,000 | €3,418 | 3.1% | 75 | 71 |
Short-term vacation rental This property is overpriced at €395,000, exceeding its fair value by 3.6%, which could reduce return potential for seasonal rental income. Though the proximity to beaches enhances its appeal, the price point limits the attractiveness of this investment strategy in a fluctuating tourist market. Buy-and-hold With a fair value of €380,602 compared to the listing price, this property lacks financial justification for long-term investment given its 4% gross yield. Holding onto an overpriced asset in a tourist region may lead to challenges during off-peak seasons due to demand fluctuations. Family rental Priced above fair value, this apartment may present issues when attracting long-term family tenants who are sensitive to price and value. The property’s location benefits from convenience to amenities, yet the current pricing undermines the likelihood of sustained rental demand for families.
Economic Fluctuation Risk The property is exposed to economic fluctuations given its economic stability score of 65/100, which indicates a potential for volatility in rental income.
