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, 2-bathroom apartment of 212 m², built in 1987, energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This top-floor apartment offers exclusive access to a 100 m² private terrace, ideal for sunlit breakfasts, and is situated just steps from the clubhouse and pool.
The valuation. The asking price of €535,000 sits significantly below the fair value of €708,831, presenting an opportunity as the property is underpriced by €173,831 (32.5%).
Fair value modelled at €708,831 from the area baseline, adjusted for condition and location. Asking €535,000 sits €173,831 (32.5%) below — the upside to fair value.
Asking €535,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €643,208 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 76 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 80 · Amenities 70 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €643,208 + condition +€11,594 + location +€54,029 = modelled fair value of €708,831 (€3,344/m²), a €173,831 (32.5%) gap versus the €535,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 6fbaa3 | Subject | €535,000 | €2,524 | — | 76 | 71 |
| Albufeira e Olhos de Água · 023874 | Active | €535,000 | €2,524 | 0% | 78 | 78 |
| rua do Mediterrâneo | Active | €349,000 | €3,324 | 31.7% | 76 | 71 |
| Albufeira e Olhos de Água · 1e640d | Active | €399,000 | €3,325 | 31.8% | 72 | 58 |
| Albufeira e Olhos de Água · 6d54c8 | Active | €445,000 | €2,908 | 15.3% | 73 | 71 |
| Median comp | €422,000 | €3,116 | 23.5% | 75 | 71 |
Short-term vacation rental This 2-bed apartment in Albufeira e Olhos de Água is strategically positioned to capitalize on the tourism-driven market, offering the potential for lucrative seasonal income. With a fair value surpassing the listing price by 32.5%, the property is well-suited for short-term rentals despite the current 0% yield. Long-term rental While the current environment shows a 0% yield, the significant gap between the list price and the fair value indicates an opportunity for long-term rental investments with potential for appreciation. The solid condition rating of 79/100 suggests this property will attract quality tenants in the Albufeira neighborhood, known for its amenities and economic stability. Buy-and-hold As a buy-and-hold strategy, this apartment presents a chance to invest in an underpriced property, allowing for potential value appreciation in a popular tourist area. Given the favorable fair value, holding this asset long-term can yield substantial returns as the neighborhood continues to thrive in the Algarve market.
Tenant turnover risk The economic and tenant stability scores are both 65/100, indicating potential instability in rental income if tenants frequently change, which could lead to increased vacancies and costs.
