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 65 m², energy rating E. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment includes direct lift access to the first floor, enhancing convenience for residents and guests while ensuring accessibility throughout the condominium's various amenities.
The valuation. The asking price of €245,000 sits €23,722 (9.7%) below the fair value of €268,722. This property is notably underpriced, reflecting an attractive opportunity for investment.
Fair value modelled at €198,206 from the area baseline, adjusted for condition and location. Asking €245,000 sits €46,794 (19.1%) above — overpriced versus fair value.
Asking €245,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €197,210 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 (Condition 65 · Materials 60 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 68/100 (Housing Market 80 · Amenities 70 · Economic 65 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €197,210 + condition -€13,203 + location +€14,199 = modelled fair value of €198,206 (€3,049/m²), a €46,794 (19.1%) gap versus the €245,000 asking price.
Short-term vacation rental This property presents a promising opportunity for short-term vacation rental given its attractive gap of 9.7% below fair value, aligning with the typical demand in the Algarve region. A gross yield of 4.3% suggests a satisfactory return, especially in a well-rated neighborhood with decent amenities. Long-term rental The property is a viable option for long-term rental due to its solid condition score of 62/100 and a fair value that reflects the expected rental income in Albufeira. The 9.7% gap from fair value provides a margin of safety for investors looking to generate consistent cash flow over time. Buy-and-hold As a buy-and-hold investment, this apartment's fair value of €268,722 indicates potential appreciation in the long term despite its current listing price of €245,000. The property’s appealing yield of 4.3% allows for growth while the neighborhood’s quality enhances long-term desirability, making it a strategic addition to a diversified portfolio.
Tenant turnover risk: With a tenant stability score of 55/100, there is a heightened risk of turnover, which could lead to increased vacancy rates and associated costs in managing the property.
