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 55 m², energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment offers a private balcony with breathtaking ocean vistas, ideal for enjoying Albufeira’s stunning sunsets while providing extra outdoor space for relaxation.
The valuation. The asking price of €260,000 is significantly above the fair value of €183,987, resulting in an overpricing of €76,013 or 29.2%. This property does not present a favorable financial opportunity.
Fair value modelled at €183,987 from the area baseline, adjusted for condition and location. Asking €260,000 sits €76,013 (29.2%) above — overpriced versus fair value.
Asking €260,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €166,870 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 78 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €166,870 + condition +€430 + location +€16,687 = modelled fair value of €183,987 (€3,345/m²), a €76,013 (29.2%) gap versus the €260,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 4a7d65 | Subject | €260,000 | €4,727 | — | 72 | 75 |
| rua dos Mares | Active | €250,000 | €3,731 | 21.1% | 75 | 73 |
| rua dos Bares | Active | €275,000 | €4,167 | 11.9% | 74 | 73 |
| rua Vitorino Nemésio, 128 | Active | €239,000 | €4,780 | 1.1% | 75 | 73 |
| rua Vale Mangude, 3 | Active | €279,000 | €3,930 | 16.9% | 78 | 70 |
| Median comp | €262,500 | €4,049 | 14.4% | 75 | 73 |
Short-term vacation rental The 1-bed apartment in Albufeira e Olhos de Água is currently overpriced at €260,000, which is 29.2% above its fair value of €183,987. Given its yield of 4.2%, the property may struggle to generate satisfactory returns in a competitive vacation rental market. Long-term rental Offering a gross yield of 4.2%, the 1-bed apartment's asking price significantly exceeds its fair value, indicating it is overpriced at €260,000. The potential for long-term tenants may diminish as rental prices must align more closely with local market expectations and tenant quality. Buy-and-hold As a buy-and-hold investment, the apartment's current price of €260,000 is 29.2% higher than the fair value, suggesting it is overpriced and may not sustain its value over time. The condition score of 76/100 may attract tenants, but the overall cost could limit capital appreciation potential.
Economic Vulnerability The economic stability score of 65/100 suggests potential vulnerabilities in the region's economic environment that could impact property value and rental demand.
