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 68 m², built in 1990. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Features: This apartment boasts a gated community with a lush garden and pool, ensuring privacy and tranquility while being just minutes from vibrant shops and cafes.
The valuation. The asking price of €265,000 is significantly higher than the fair value of €227,049, resulting in a discrepancy of €37,951 (14.3%). Verdict: overpriced.
Fair value modelled at €227,049 from the area baseline, adjusted for condition and location. Asking €265,000 sits €37,951 (14.3%) above — overpriced versus fair value.
Asking €265,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €206,312 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 74 · Materials 76 · 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 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €206,312 + condition +€106 + location +€20,631 = modelled fair value of €227,049 (€3,339/m²), a €37,951 (14.3%) gap versus the €265,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 4a7eb3 | Subject | €265,000 | €3,897 | — | 74 | 75 |
| Albufeira e Olhos de Água · 4baae3 | Active | €255,000 | €3,923 | 0.7% | 76 | 63 |
| Albufeira e Olhos de Água · 4ba915 | Active | €255,000 | €3,355 | 13.9% | 72 | 74 |
| rua da Corcovada, 33P2 | Active | €395,000 | €3,950 | 1.4% | 74 | 77 |
| rua de Dunfermline | Active | €330,000 | €2,946 | 24.4% | 71 | 64 |
| Median comp | €292,500 | €3,639 | 6.6% | 73 | 69 |
Short-term vacation rental This property, while located in a popular tourist area, is overpriced at €265,000 compared to a fair value of €227,049, representing a 14.3% gap. The gross yield of 4.6% may not justify the elevated cost, making it a less appealing option for short-term rental investment. Long-term rental The property is priced significantly above its fair market value, which diminishes its attractiveness for long-term rental strategies, especially with a gross yield of only 4.6%. The condition and neighborhood ratings are decent, but the high asking price indicates that long-term returns may not align with investment goals. Buy-and-hold Given the current listing price of €265,000 and a fair value assessment of €227,049, this investment is positioned as overpriced, creating potential challenges for future appreciation. Investors might face difficulties in achieving favorable returns in a buy-and-hold scenario due to the already inflated initial cost.
Potential Economic Downturn Given the economic stability score of 70/100, there is a risk that a downturn could negatively affect rental income and property values in the area.
