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 67 m², built in 1997, energy rating C. Located on rua dos Mares, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Investment Angle: This apartment is registered for Services, allowing for versatile usage options in a market with high tourist demand, enhancing its rental appeal significantly. Location: Situated just minutes from Albufeira’s lively marina and scenic beaches. Potential: Excellent for both personal use and investment with strong future appreciation prospects.
The valuation. The asking price of €250,000 exceeds fair value by €28,544 (11.4%), indicating the property is overpriced compared to its assessed worth of €221,456. This suggests limited potential for immediate equity gain.
Fair value modelled at €221,456 from the area baseline, adjusted for condition and location. Asking €250,000 sits €28,544 (11.4%) above — overpriced versus fair value.
Asking €250,000 versus the rua dos Mares area baseline of €231,150 (€3,450/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 75 · Materials 78 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 80 · Amenities 70 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua dos Mares
Area baseline €231,150 + condition -€523 + location +€18,702 = modelled fair value of €221,456 (€3,305/m²), a €28,544 (11.4%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua dos Mares | Subject | €250,000 | €3,731 | — | 75 | 73 |
| rua Vale Mangude, 3 | Active | €279,000 | €3,930 | 5.3% | 78 | 70 |
| Albufeira e Olhos de Água · 99f3f5 | Active | €275,000 | €4,167 | 11.7% | 75 | 70 |
| Albufeira e Olhos de Água · 4a7d65 | Active | €260,000 | €4,727 | 26.7% | 72 | 75 |
| rua dos Pardais, 4 | Active | €350,000 | €5,469 | 46.6% | 70 | 70 |
| Median comp | €277,000 | €4,447 | 19.2% | 74 | 70 |
Short-term vacation rental The 1-bed apartment in Albufeira e Olhos de Água is currently overpriced at €250,000, with a fair value of only €221,456, representing an 11.4% gap. While the property's location benefits from strong tourist interest in the Algarve, the gross yield of 4.3% does not compensate for the inflated purchase price. Buy-and-hold Given the current pricing of €250,000 against a fair value of €221,456, the property is overpriced and presents an 11.4% discrepancy that could impact long-term appreciation. The decent condition score of 75/100 and the neighbourhood rating of 73/100 provide some assurance, but the overall investment appeal is diminished by the high entry cost. Family rental The 1-bed apartment is listed at €250,000, which is above its fair value of €221,456, indicating that it is overpriced by 11.4%. Although the property may attract families given its decent amenities and neighbourhood ratings, the cost does not align with the expected rental yields, making it a less compelling investment opportunity.
Tenant turnover risk High tenant turnover may result from a tenant stability score of 75/100, potentially impacting rental income continuity.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
