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, 0-bathroom apartment of 59 m², built in 2019, energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This ground floor apartment offers direct access to a private balcony with a barbecue, ideal for outdoor dining and entertaining while enjoying sea views.
The valuation. The asking price of €350,000 is significantly above the fair value of €195,333, indicating an overpriced property by €154,667 (44.2%). This discrepancy suggests cautious consideration for potential investors.
Fair value modelled at €195,333 from the area baseline, adjusted for condition and location. Asking €350,000 sits €154,667 (44.2%) above — overpriced versus fair value.
Asking €350,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €205,084 (€3,476/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 75 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 70 · 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 €205,084 + condition +€1,291 + location +€15,037 = modelled fair value of €195,333 (€3,311/m²), a €154,667 (44.2%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · ac9818 | Subject | €350,000 | €5,932 | — | 75 | 71 |
| Albufeira e Olhos de Água · bf27cf | Active | €369,000 | €4,920 | 17.1% | 72 | 71 |
| Albufeira e Olhos de Água · ac9815 | Active | €285,000 | €5,278 | 11.0% | 75 | 80 |
| Albufeira e Olhos de Água · 0016df | Active | €314,000 | €5,065 | 14.6% | 80 | 71 |
| Albufeira e Olhos de Água · 99f3f5 | Active | €275,000 | €4,167 | 29.8% | 75 | 70 |
| Median comp | €299,500 | €4,993 | 15.8% | 75 | 71 |
Short-term vacation rental The 1-bed apartment in Albufeira is priced at €350,000, which is 44.2% above its fair value of €195,333, indicating a significant market mismatch. With a gross yield of 3.2%, this property may struggle to attract sufficient rental income to justify its elevated price in a highly touristic area. Long-term rental While the Albufeira area is a desirable location for long-term renters, the apartment's price significantly exceeds its fair value, resulting in a gap of 44.2%. At a gross yield of 3.2%, the investment may not yield the expected returns, putting pressure on cash flow in a competitive rental market. Buy-and-hold The 1-bed apartment's pricing at €350,000 reflects a 44.2% premium over its fair value, risking long-term investment returns. Given the current gross yield of 3.2% and the rising costs of ownership, holding this property may lead to underperformance in an otherwise thriving tourism-driven market.
Economic Vulnerability A score of 65 in economic stability indicates a potential risk due to fluctuations in the local economy, which may affect rental income and property value.
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