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 €285,196 (€3,034/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. Full condition report →
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. Full location report →
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €285,196 + 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.
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.
