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 75 m², built in 2019, energy rating A. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This property boasts a spacious private terrace with a built-in barbecue and offers fantastic panoramic sea views from the solarium area on the rooftop.
The valuation. The asking price of €350,000 is significantly above the fair value of €259,418, representing a variance of €90,582 (25.9%). This indicates the property is overpriced.
Fair value modelled at €259,418 from the area baseline, adjusted for condition and location. Asking €350,000 sits €90,582 (25.9%) above — overpriced versus fair value.
Asking €350,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €227,550 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 80 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 76/100 (Housing Market 80 · Amenities 75 · Economic 68 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €227,550 + condition +€8,203 + location +€23,665 = modelled fair value of €259,418 (€3,459/m²), a €90,582 (25.9%) gap versus the €350,000 asking price.
Short-term vacation rental Given its proximity to the Algarve coastline, this property caters to a tourist demographic, but the rental yield of 3.2% indicates that the price is not aligned with current market expectations. With a substantial gap of 25.9% above fair value, the investment potential for short-term rentals appears weak. Long-term rental While the condition and neighbourhood ratings are decent at 82/100 and 76/100 respectively, the gross yield of 3.2% does not justify the purchase price of €350,000. The significant overpricing by 25.9% suggests that long-term rental returns will be underwhelming, limiting profitability. Buy-and-hold The property’s quality and location are appealing, yet the projected yield of 3.2% underlines the reality that it is priced above fair market value. With a gap of 25.9% from its fair value, holding this asset is unlikely to provide adequate returns for future appreciation, given its overpriced position.
Potential Economic Fluctuation The economic stability score of 68 indicates a moderate risk of fluctuations that could impact property value or rental income.
