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 €203,278 (€3,034/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 €203,278 + 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.
