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 58 m², built in 2002. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This south-facing apartment includes a balcony with views of both garden landscapes and the pool area, enhancing its appeal for holidaymakers seeking relaxation in the sun.
The valuation. The asking price of €195,000 is €12,424 (6.4%) above the fair value of €182,576, indicating that the property is overpriced. This discrepancy suggests potential challenges for resale or rental profitability. Buy-to-flip angle. With renovations aimed at further enhancing finishes, a buy-to-flip strategy could potentially increase resale value. However, buying at a premium makes quick gains uncertain, requiring careful market timing. Buy-to-let angle. The estimated rental income of €975/month provides a gross yield of 6%, making it viable for a buy-to-let strategy. The tourist-oriented location can appeal to short-term vacation rentals, enhancing income potential.
Fair value modelled at €182,576 from the area baseline, adjusted for condition and location. Asking €195,000 sits €12,424 (6.4%) above — overpriced versus fair value.
Asking €195,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €200,100 (€3,450/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 62 · Materials 68 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 75 · Amenities 80 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €200,100 + condition -€8,881 + location +€15,486 = modelled fair value of €182,576 (€3,148/m²), a €12,424 (6.4%) gap versus the €195,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 96c71d | Subject | €195,000 | €3,362 | — | 62 | 72 |
| rua do Município | Active | €150,000 | €2,206 | 34.4% | 60 | 73 |
| Albufeira e Olhos de Água · 6f422a | Active | €255,000 | €3,312 | 1.5% | 65 | 70 |
| rua do Município, 31 | Active | €190,000 | €3,654 | 8.7% | 65 | 71 |
| rua do Município | Active | €210,000 | €3,818 | 13.6% | — | 71 |
| Median comp | €200,000 | €3,483 | 3.6% | 65 | 71 |
Long-term rental This property appears overpriced at €195,000, exceeding the fair value of €182,576 by 6.4%. With a gross yield of 6%, the long-term rental potential does not justify the premium price in a tourist-oriented location. Short-term vacation rental Given its current listing price, this 1-bed apartment is overpriced compared to its fair value, which limits its potential short-term rental return. The gross yield of 6% may attract interest, but the excess price diminishes the investment's appeal in the competitive vacation rental market. Buy-and-hold The property’s valuation underscores its status as overpriced, making it a less enticing buy-and-hold investment. Although the neighbourhood features strong amenities, the substantial gap from fair value suggests that long-term appreciation may not offset the initial cost risk.
Economic Vulnerability The economic stability score of 65/100 indicates a potential risk due to economic fluctuations that could impact tenant demand and rental income.
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