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 2003, energy rating C. Located on rua do Município, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment features access to extensive communal facilities including multiple swimming pools and landscaped gardens, enhancing the overall lifestyle experience for residents and guests alike.
The valuation. The asking price of €150,000 sits €63,818 (42.5%) below the fair value of €213,818, indicating the property is underpriced compared to the market. This presents a compelling opportunity for potential investors.
Fair value modelled at €213,818 from the area baseline, adjusted for condition and location. Asking €150,000 sits €63,818 (42.5%) below — the upside to fair value.
Asking €150,000 versus the rua do Município area baseline of €234,600 (€3,450/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 (Condition 60 · Materials 65 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua do Município
Area baseline €234,600 + condition -€11,475 + location +€18,981 = modelled fair value of €213,818 (€3,144/m²), a €63,818 (42.5%) gap versus the €150,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Município | Subject | €150,000 | €2,206 | — | 60 | 73 |
| Albufeira e Olhos de Água · 96c71d | Active | €195,000 | €3,362 | 52.4% | 62 | 72 |
| Albufeira e Olhos de Água · 6f422a | Active | €255,000 | €3,312 | 50.1% | 65 | 70 |
| rua do Município, 31 | Active | €190,000 | €3,654 | 65.6% | 65 | 71 |
| avenida Sá Carneiro | Active | €195,000 | €2,910 | 31.9% | — | 71 |
| Median comp | €195,000 | €3,337 | 51.3% | 65 | 71 |
Short-term vacation rental With a fair value of €213,818 and an asking price of €150,000, this 1-bed apartment presents a significant opportunity for short-term vacation rentals, especially in the tourist-centric Algarve region. The property’s gross yield of 8.1% indicates strong potential profitability, making it an attractive investment for generating seasonal income. Buy-and-hold Investing in this apartment for a buy-and-hold strategy is compelling due to the 42.5% gap between the listing price and its fair market value, suggesting solid future appreciation potential. Coupled with a good neighbourhood rating of 73/100, this property is likely to attract long-term tenants, enhancing financial stability. Family rental The apartment’s offering in a family-friendly area positions it well for the family rental market, despite its current underpricing of 42.5% compared to fair value. The combination of decent condition and proximity to amenities in Albufeira makes it suitable for families looking for comfortable and accessible housing options.
Economic Vulnerability The economic stability score of 65/100 suggests a potential risk due to fluctuations in the local economy that could impact tenant demand.