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.
0-bedroom, 1-bathroom studio of 45 m², built in 1988, energy rating C. Located on rua Aldeamento Albufeira Jardim, 1, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This studio boasts a south-facing balcony with stunning sea views, enhancing natural light and outdoor enjoyment, ideal for both living and vacation rental opportunities.
The valuation. The asking price of €239,000 is significantly above its fair value of €148,139, indicating an overvaluation of €90,861 (38.0%). This property is overpriced given the current market metrics. Buy-to-flip angle. A potential resale strategy could involve minor cosmetic updates to leverage the good quality finishes, allowing for a quick flip to capitalize on market demand. The target resale could aim for a price around €210,000. Buy-to-let angle. The estimated rental income of €836/month leads to a gross yield of 4.2%, making it a viable buy-to-let option in this tourist-driven location. Short-term vacation rentals could enhance returns significantly.
Fair value modelled at €148,139 from the area baseline, adjusted for condition and location. Asking €239,000 sits €90,861 (38.0%) above — overpriced versus fair value.
Asking €239,000 versus the rua Aldeamento Albufeira Jardim, 1 area baseline of €136,530 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 78 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Aldeamento Albufeira Jardim, 1
Area baseline €136,530 + condition +€141 + location +€11,469 = modelled fair value of €148,139 (€3,292/m²), a €90,861 (38.0%) gap versus the €239,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Aldeamento Albufeira Jardim, 1 | Subject | €239,000 | €5,311 | — | 72 | 71 |
| rua Vale Mangude, 3 | Active | €279,000 | €3,930 | 26.0% | 78 | 70 |
| Albufeira e Olhos de Água · 0016df | Active | €314,000 | €5,065 | 4.6% | 80 | 71 |
| rua dos Mares | Active | €250,000 | €3,731 | 29.7% | 75 | 73 |
| Albufeira e Olhos de Água · bf27cf | Active | €369,000 | €4,920 | 7.4% | 72 | 71 |
| Median comp | €296,500 | €4,425 | 16.7% | 77 | 71 |
Short-term vacation rental The studio is overpriced by 38.0% compared to its fair value, which limits the potential return on investment for short-term vacation rentals. With a gross yield of only 4.2%, investors may find better-performing properties in the tourist-driven Algarve market. Buy-and-hold Given that the property is priced significantly above fair value, it poses a risk for a buy-and-hold strategy based on long-term appreciation. Investors should seek assets that provide a more favorable entry price and yield within the stable housing market of Albufeira. Family rental As the property is significantly overpriced, its potential as a family rental decreases, especially considering the competition in the area. The current condition rating of 75/100 may not offset the high acquisition cost, limiting its attractiveness for long-term tenant stability.
Economic and Tenant Stability Risk The property has both economic and tenant stability scores of 65/100, indicating a moderate risk of fluctuations in rental income and potential tenant turnover.