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, 1-bathroom apartment of 90 m², energy rating D. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment offers exclusive back gate access to the renowned Falésia Beach and includes three pools within a meticulously maintained garden setting.
The valuation. The asking price of €350,000 is significantly above the fair value of €286,903, making it overpriced by €63,097 (18.0%). This suggests that potential investors might face challenges in realizing immediate returns.
Fair value modelled at €286,903 from the area baseline, adjusted for condition and location. Asking €350,000 sits €63,097 (18.0%) above — overpriced versus fair value.
Asking €350,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €273,060 (€3,034/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 61/100 (Housing Market 70 · Amenities 60 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €273,060 + condition +€1,828 + location +€12,015 = modelled fair value of €286,903 (€3,188/m²), a €63,097 (18.0%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · ac9820 | Subject | €350,000 | €3,889 | — | 75 | 61 |
| rua da Corcovada, 33P2 | Active | €395,000 | €3,950 | 1.6% | 74 | 77 |
| rua do Mediterrâneo | Active | €349,000 | €3,324 | 14.5% | 76 | 71 |
| Albufeira e Olhos de Água · 4a7eb3 | Active | €265,000 | €3,897 | 0.2% | 74 | 75 |
| Albufeira e Olhos de Água · 65a7e8 | Active | €395,000 | €3,527 | 9.3% | 80 | 71 |
| Median comp | €372,000 | €3,712 | 4.5% | 75 | 73 |
Short-term vacation rental This 1-bed apartment in Albufeira, listed at €350,000, is overpriced by 18.0% compared to its fair value of €286,903, which undermines a potential return on investment. With a gross yield of only 3%, the property may struggle to attract high occupancy rates typical for the competitive vacation rental market in this tourist-heavy region. Long-term rental The excessive pricing of this apartment at €350,000 makes it a less attractive option for long-term rental investments, as the fair value is significantly lower at €286,903. The gross yield of 3% indicates limited profitability, especially in a neighbourhood with a score of only 61/100, which could affect tenant demand and retention. Buy-and-hold Given the current listing price of €350,000, which is 18.0% above the fair value of €286,903, the potential for growth in equity may be limited for a buy-and-hold strategy. The economic and tenant quality indicators suggest that long-term appreciation could be constrained, given the property's mediocre yield of 3% and the neighbourhood's lower score. Not ideal for: Student housing Based on its 76/100 condition score and proximity to amenities, this property does not align with the demands of student housing, particularly with its current overpriced status. The higher market price compromises any competitive edge it might have as a student accommodation option in the area. Not ideal for: Luxury market The apartment’s modest condition of 76/100 and a neighbourhood score of 61/100 indicate that it does not fit into the luxury market segment. Despite being in a desirable location, the €350,000 listing price fails to meet the quality expected in high-end properties.
Economic Instability Risk The property's economic stability score of 55/100 indicates a potential vulnerability to economic downturns. Tenant Instability Risk A tenant stability score of 60/100 suggests there may be a moderate risk of tenant turnover, impacting consistent rental income.
