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 balcony offers panoramic views of the beautifully landscaped gardens and pool area, enhancing the apartment's appeal for tourists seeking a relaxing stay.
The valuation. The asking price of €195,000 sits €51,438 (26.4%) below the fair value of €246,438, indicating that the property is underpriced. This presents a compelling opportunity for potential buyers seeking value. Buy-to-flip angle. The buy-to-flip strategy involves securing the apartment at the current price and implementing cosmetic updates to the finishes, aiming for a profitable resale in the active Algarve market. Buy-to-let angle. The rental income strategy capitalizes on the property's estimated gross yield of 6%, translating to approximately €975 per month, appealing to both long-term tenants and short-term vacation rentals in the tourist-friendly area.
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 €175,972 (€3,034/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. Full condition report →
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. Full location report →
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €175,972 + 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.
Long-term rental This 1-bed apartment in Albufeira e Olhos de Água, listed at €195,000, presents a substantial opportunity to investors seeking long-term rentals, given its 6% gross yield and the 26.4% gap from fair value. The neighborhood’s moderate condition rating of 72/100 signals potential for stable tenant quality, which can foster consistent rental income. Short-term vacation rental With the property strategically located in a tourist-oriented area of the Algarve, it is ideal for short-term vacation rentals, capitalizing on the high tourist influx. The fair value of €246,438 versus the listing price highlights a 26.4% potential upside, providing a lucrative opportunity for vacation rental investors. Buy-and-hold This apartment's current valuation of €195,000 is significantly below the fair value of €246,438, making it an attractive buy-and-hold investment. The property’s location in a desirable tourist region, combined with a solid gross yield of 6%, suggests promising appreciation potential over time. Not ideal for This property is not suitable for student housing due to the region's tourist-centric economic focus, similar reasons also preclude it from being appropriate for luxury market investments. The industrial investment landscape is unlikely to thrive in a predominantly residential and tourism-driven area like Albufeira e Olhos de Água.
Economic Vulnerability The economic stability score of 65 indicates potential risks associated with economic downturns that could adversely impact rental income.
