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, 0-bathroom apartment of 56 m², energy rating E. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Features: The apartment boasts two inviting balconies that provide scenic views and enhance the spacious feel, perfect for enjoying Albufeira's pleasant climate year-round.
The valuation. The asking price of €340,000 is €148,973 (43.8%) above the fair value of €191,027, indicating that the property is overpriced. This significant markup warrants caution for potential investors.
Fair value modelled at €191,027 from the area baseline, adjusted for condition and location. Asking €340,000 sits €148,973 (43.8%) above — overpriced versus fair value.
Asking €340,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €194,656 (€3,476/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 85 · Materials 82 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 70 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €194,656 + condition +€4,813 + location +€16,311 = modelled fair value of €191,027 (€3,411/m²), a €148,973 (43.8%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 9568de | Subject | €340,000 | €6,071 | — | 85 | 74 |
| estrada de Santa Eulália | Active | €265,000 | €4,077 | 32.9% | 78 | 69 |
| Albufeira e Olhos de Água · 1e63d7 | Active | €1,100,000 | €35,484 | 484.4% | 80 | 75 |
| Albufeira e Olhos de Água · ba573d | Active | €219,000 | €4,563 | 24.9% | 75 | 71 |
| Albufeira e Olhos de Água · 99f39d | Active | €318,000 | €4,077 | 32.9% | 70 | 71 |
| Median comp | €291,500 | €4,320 | 28.8% | 77 | 71 |
Short-term vacation rental The property in Albufeira e Olhos de Água is overpriced at €340,000 compared to a fair value of €191,027, indicating a significant 43.8% gap that may deter potential investors. With a gross yield of only 3.3% and an average condition rating of 81/100, the risk profile for short-term vacation rentals appears unfavorable. Buy-and-hold At €340,000, the apartment exceeds its fair value of €191,027 by 43.8%, making it a challenging investment for buy-and-hold strategies aimed at capital appreciation. The current yield of 3.3% does not justify the price, particularly when considering long-term market dynamics in the region. Family rental The Albufeira e Olhos de Água apartment's asking price of €340,000 versus a fair value of €191,027 reveals a substantial overpricing of 43.8%, which could limit rental income potential for family tenants. Despite a decent neighbourhood score of 74/100, the financial fundamentals indicate that this property may not be suitable for a long-term family rental strategy.
Economic Vulnerability The property has a moderate economic stability score of 60/100, indicating potential fluctuations in the local economy that could affect rental income. Tenant Instability With a tenant stability score of 70/100, there is a possibility of tenant turnover that could lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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