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 56 m², built in 1993, energy rating E. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment includes a bright balcony accessible from the suite, enhancing outdoor living and relaxation opportunities, and has a fully equipped kitchen designed for social interaction.
The valuation. The asking price of €340,000 is significantly above the fair value of €186,121, indicating an overpricing of €153,879 (45.3%). This discrepancy marks the property as overpriced in the current market. Buy-to-flip angle. The buy-to-flip strategy could involve modernizing the existing features to enhance appeal, aiming for a swift resale at a higher price than the purchase price, despite significant renovations costs. Buy-to-let angle. With a gross yield of 3.4%, the rental income strategy focuses on securing long-term tenants or leveraging short-term vacation rentals, potentially bringing in approximately €963 per month to offset initial costs.
Fair value modelled at €186,121 from the area baseline, adjusted for condition and location. Asking €340,000 sits €153,879 (45.3%) above — overpriced versus fair value.
Asking €340,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €194,656 (€3,476/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 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 80 · Amenities 70 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €194,656 + condition +€2,625 + location +€13,592 = modelled fair value of €186,121 (€3,324/m²), a €153,879 (45.3%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 96c38d | Subject | €340,000 | €6,071 | — | 75 | 70 |
| avenida da Liberdade, 117 | Active | €295,000 | €6,277 | 3.4% | 80 | 63 |
| Albufeira e Olhos de Água · 956eb7 | Active | €219,000 | €4,563 | 24.9% | 74 | 75 |
| Albufeira e Olhos de Água · dee640 | Active | €185,000 | €9,250 | 52.4% | — | 74 |
| Albufeira e Olhos de Água · ba573d | Active | €219,000 | €4,563 | 24.9% | 75 | 71 |
| Median comp | €219,000 | €5,420 | 10.7% | 75 | 73 |
Short-term vacation rental The 1-bed apartment in Albufeira e Olhos de Água, listed at €340,000, is significantly overpriced with a fair value of only €186,121, indicating a 45.3% gap that suggests a poor investment opportunity. With a gross yield of 3.4% and a condition rating of 78/100, the financials do not support the current asking price for the short-term vacation rental market. Buy-and-hold Given the apartment's fair value of €186,121 and the current listing price of €340,000, the buy-and-hold strategy appears unattractive as it is overpriced by 45.3%. With the neighborhood quality rated at 70/100 and low yield potential at 3.4%, long-term appreciation seems unlikely under these conditions. Family rental The property, priced at €340,000, is overpriced compared to its fair value of €186,121, presenting a significant 45.3% discrepancy that undermines its viability as a family rental. The neighborhood’s ratings and the yielded return of 3.4% do not justify this high-entry investment, indicating a lack of potential for rental growth or tenant satisfaction.
Potential vacancy risk With both economic stability and tenant stability scores at 65/100, there is a higher likelihood of vacancies due to less favorable market and tenant conditions.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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