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.
7-bedroom, 2-bathroom apartment of 124 m², built in 2010, energy rating C. Located on rua Manuel José de Paiva, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The apartment benefits from a private terrace, enhancing outdoor living, and its location offers quick access to local amenities and restaurants. Valuation Verdict: Fair.
The valuation. The asking price of €375,000 sits below the fair value of €399,163 by €24,163 (6.4%). This property is correctly identified as subvalued in the current market.
Fair value modelled at €399,163 from the area baseline, adjusted for condition and location. Asking €375,000 sits €24,163 (6.4%) below — the upside to fair value.
Asking €375,000 versus the rua Manuel José de Paiva area baseline of €376,216 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 77). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 61/100 (Housing Market 65 · Amenities 55 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Manuel José de Paiva
Area baseline €376,216 + condition +€6,394 + location +€16,554 = modelled fair value of €399,163 (€3,219/m²), a €24,163 (6.4%) gap versus the €375,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Manuel José de Paiva | Subject | €375,000 | €3,024 | — | 75 | 61 |
| Quarteira · 4a803d | Active | €695,000 | €6,814 | 125.3% | 78 | 69 |
| rua Manuel José de Paiva | Active | €375,000 | €3,000 | 0.8% | 72 | 67 |
| rua da Moura Lidia | Active | €499,000 | €4,158 | 37.5% | 72 | 72 |
| Quarteira · 6d5474 | Active | €599,000 | €3,915 | 29.5% | 80 | 72 |
| Median comp | €549,000 | €4,037 | 33.5% | 75 | 71 |
Short-term vacation rental With a fair value of €399,163 and a listing price of €375,000, this 7-bed apartment offers a compelling opportunity for a short-term vacation rental investment in Albufeira, a key tourist hub in the Algarve. The seasonal nature of the local employment market enhances the potential for profitability in vacation rentals, especially given the apartment's spacious accommodation. Buy-and-hold Investing in this property as a buy-and-hold strategy could yield long-term appreciation, given its listing price below fair value, indicating a potential for growth in an increasingly competitive market. The location in Albufeira, known for its tourism, suggests stability and demand for residential accommodations over time. Family rental The 7-bed setup positions this property well for family rentals, as it provides ample space for larger households seeking temporary or long-term residences in a vacation-friendly area. Although the current yield is 0%, the fair value indicates that this investment could appreciate, making it an attractive option for families looking to reside in Albufeira. Not ideal for: Student housing, Luxury market, Industrial investment Due to the limited demand and lower tenant quality metrics, this property does not align well with student housing or luxury market investments. Additionally, the industrial investment strategy is unsuitable given the tourism-driven nature of the local economy, which focuses more on residential capabilities than industrial needs.
Economic Vulnerability The economic stability score of 60 indicates potential susceptibility to market fluctuations, which could adversely impact tenant retention and rental income stability.