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 1981, energy rating E. Located on rua Vasco Santana, 110, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment boasts direct access to the largest private pool in Albufeira and features unobstructed views of the city and surrounding countryside from the upper floor balcony.
The valuation. The asking price of €275,000 is €57,389 (20.9%) above the fair value of €217,611, indicating that this property is overpriced. Investors should exercise caution before proceeding with this listing.
Fair value modelled at €217,611 from the area baseline, adjusted for condition and location. Asking €275,000 sits €57,389 (20.9%) above — overpriced versus fair value.
Asking €275,000 versus the rua Vasco Santana, 110 area baseline of €206,312 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 69 · Materials 72 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Vasco Santana, 110
Area baseline €206,312 + condition -€5,206 + location +€16,505 = modelled fair value of €217,611 (€3,200/m²), a €57,389 (20.9%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Vasco Santana, 110 | Subject | €275,000 | €4,044 | — | 69 | 70 |
| Albufeira e Olhos de Água · ba5a7b | Active | €250,000 | €3,906 | 3.4% | 70 | 70 |
| rua Vitorino Nemésio, 128 | Active | €239,000 | €4,780 | 18.2% | 75 | 73 |
| Albufeira e Olhos de Água · 99f178 | Active | €202,500 | €4,821 | 19.2% | 65 | 73 |
| estrada de Santa Eulália | Active | €265,000 | €4,077 | 0.8% | 78 | 69 |
| Median comp | €244,500 | €4,429 | 9.5% | 73 | 72 |
Short-term vacation rental This property is overpriced by 20.9% against its fair value, which diminishes the potential yield from short-term rentals in a high-demand tourist area like Algarve. With a gross yield of 3.8% and a condition rating of 70/100, the financial returns may not justify the initial investment cost. Buy-and-hold The property being 20.9% overpriced suggests it may not provide adequate appreciation over time, limiting its potential as a stable buy-and-hold investment. Furthermore, with a yield of only 3.8%, it does not promise significant cash flow to warrant the premium price. Family rental While Albufeira is a sought-after area, this apartment is currently overpriced at €275,000, leading to potential challenges in attracting long-term family tenants. The property lacks sufficient compelling features, reflected in its condition and neighborhood ratings of 70/100, reinforcing that it is not an ideal choice for sustainable family rental investment.
Tenant turnover risk High tenant turnover is a concern given the tenant stability score of 60/100, which may indicate potential vacancies and increased leasing costs.
