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 89 m², built in 1982, energy rating D. Located on rua Vasco Santana S / N, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment includes a private balcony with views of the well-maintained communal garden and pool, enhancing outdoor living space in a tranquil setting.
The valuation. The asking price of €235,000 is significantly below fair value at €372,006, indicating a difference of €137,006 (58.3%). This price mark signifies the property is underpriced, providing a notable investment opportunity.
Short-term vacation rental This property, with a fair value of €372,006, is currently listed at €235,000, presenting a 58.3% opportunity for growth, making it an attractive option for short-term vacation rentals in a tourist-centric neighborhood. With a strong gross yield of 5.4%, coupled with a condition score of 56 and a neighborhood rating of 77, this apartment is positioned to capture seasonal visitors effectively. Buy-and-hold Given that the property shines with a significant gap to fair value and stable overall demand in the Algarve, it represents a promising buy-and-hold investment. The neighborhood's rating of 77 suggests a healthy living environment that can attract long-term tenants looking for quality accommodations. Luxury market Despite the current listing being below fair market value, this 1-bed apartment caters to the emergent luxury rental market in Albufeira, given its coastal allure. The solid neighborhood score and favorable properties' fair value indicate strong potential for appreciation, appealing to higher-end clientele seeking vacation homes. Not ideal for: Student housing Considering its characteristics and the location's strong tourist focus, the property is ill-suited for student housing, as it does not align with the needs of this demographic. The reliance on short-term rentals underscores the inadequacy for a stable student market. Not ideal for: Industrial investments The residential nature and coastal positioning of this property make it less compatible with industrial investments, which generally require different zoning and amenities. Its tourist-driven locale further enhances its unsuitability for industrial purposes.
Economic Downturn Risk A slight economic stability score of 70/100 suggests potential vulnerability to downturns that could affect rental income and property value.
