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.
2-bedroom, 1-bathroom apartment of 94 m², built in 1990. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment's running balcony provides serene garden views and is ideal for outdoor dining, enhancing the living experience with a touch of nature.
The valuation. The asking price of €330,000 is positioned above the fair value of €308,760, reflecting a premium of €21,240 (6.4%). This indicates the property is overpriced in comparison to its market value.
Fair value modelled at €308,760 from the area baseline, adjusted for condition and location. Asking €330,000 sits €21,240 (6.4%) above — overpriced versus fair value.
Asking €330,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €324,300 (€3,450/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 (Condition 80 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 61/100 (Housing Market 78 · Amenities 65 · Economic 55 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €324,300 + condition +€11,016 + location +€12,549 = modelled fair value of €308,760 (€3,285/m²), a €21,240 (6.4%) gap versus the €330,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · ba3e6c | Subject | €330,000 | €3,511 | — | 80 | 61 |
| Albufeira e Olhos de Água · 65a7e8 | Active | €395,000 | €3,527 | 0.5% | 80 | 71 |
| rua da Corcovada, 33P2 | Active | €395,000 | €3,950 | 12.5% | 74 | 77 |
| Albufeira e Olhos de Água · 4ba915 | Active | €255,000 | €3,355 | 4.4% | 72 | 74 |
| rua do Mediterrâneo | Active | €349,000 | €3,324 | 5.3% | 76 | 71 |
| Median comp | €372,000 | €3,441 | 2.0% | 75 | 73 |
Short-term vacation rental This property presents challenges for short-term vacation rental strategies given its 6.4% gap from fair value, indicating it is overpriced for immediate rental returns. At a gross yield of 4.1%, potential cash flow may not cover the initial investment adequately, limiting profitability. Buy-and-hold Holding onto this property may not be advisable as its current price of €330,000 reflects a 6.4% markup over its fair value of €308,760, reducing the long-term investment appeal. The combination of an 83/100 condition rating cannot compensate for the overpriced nature of the asset in a neighborhood rated only 61/100. Family rental The family rental strategy is also affected by the overpriced nature of this property, which sits 6.4% above its fair value, potentially leading to extended vacancies. The 4.1% yield combined with a less favorable neighborhood rating makes sustaining steady occupancy challenging for families seeking quality housing.
Economic downturn risk With an economic stability score of 55/100, there is a significant risk of declines in rental income and property value due to potential economic challenges.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
