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 105 m², built in 1994. Located on rua do Mediterrâneo, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This property boasts two private balconies with southern exposure, offering picturesque sea views and abundant natural light throughout the day.
The valuation. The asking price of €349,000 sits closely against the fair value of €349,103, indicating a minimal difference of €103, showcasing the property as fairly priced. This suggests a solid investment opportunity given the current market conditions.
Fair value modelled at €349,103 from the area baseline, adjusted for condition and location. Asking €349,000 sits €103 (0.0%) below — the upside to fair value.
Asking €349,000 versus the rua do Mediterrâneo area baseline of €318,570 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 76 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua do Mediterrâneo
Area baseline €318,570 + condition +€3,773 + location +€26,760 = modelled fair value of €349,103 (€3,325/m²), a €103 (0.0%) gap versus the €349,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Mediterrâneo | Subject | €349,000 | €3,324 | — | 76 | 71 |
| Albufeira e Olhos de Água · 65a7e8 | Active | €395,000 | €3,527 | 6.1% | 80 | 71 |
| estrada de Vale de Pedras, 101 | Active | €365,000 | €2,992 | 10.0% | 72 | 71 |
| Albufeira e Olhos de Água · ba3e6c | Active | €330,000 | €3,511 | 5.6% | 80 | 61 |
| Albufeira e Olhos de Água · ac9820 | Active | €350,000 | €3,889 | 17.0% | 75 | 61 |
| Median comp | €357,500 | €3,519 | 5.9% | 78 | 66 |
Short-term vacation rental This 2-bed apartment in Albufeira e Olhos de Água is ideal for short-term vacation rentals due to its strong tourism-driven economy, resulting in a competitive yield of 4.2%. The neighborhood’s favorable amenities and decent condition of 77/100 enhance its attractiveness to vacationers and investors alike. Long-term rental With a fair value of €349,103 and a current listing price of €349,000, this property is priced competitively for long-term rentals, offering steady income potential in a desirable location. The reasonable tenant quality rating of 71/100 suggests that there is demand for rental units in this area, making it a sound investment. Buy-and-hold Investing in this property for a buy-and-hold strategy is sensible given its fair valuation and stable yield of 4.2%, indicative of its potential for appreciation over time. The strong local economy and good condition of the apartment position it well for future gains in value, ensuring long-term returns for investors.
Economic Dependence Risk: With an economic stability score of 65/100, there is a risk that fluctuations in local economic conditions could negatively impact property values and rental income stability.
