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, 1-bathroom apartment of 71 m², built in 1988, energy rating D. Located Ferreiras parish, Albufeira municipality, Faro district. Noteworthy Feature: The apartment features a pleasant south-facing balcony with unobstructed park views, enhancing brightness and providing a tranquil outdoor space in a residential area.
The valuation. The asking price of €299,500 exceeds the fair value of €227,100 by €72,400, which represents a significant overpricing of 24.2%. This discrepancy indicates that the property is not a viable investment at the current listing price.
Fair value modelled at €227,100 from the area baseline, adjusted for condition and location. Asking €299,500 sits €72,400 (24.2%) above — overpriced versus fair value.
Asking €299,500 versus the Ferreiras, Albufeira, Faro area baseline of €215,414 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 68 · Materials 72 · Room dimensions 74). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 70 · Economic 60 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Ferreiras, Albufeira, Faro
Area baseline €215,414 + condition -€5,547 + location +€17,233 = modelled fair value of €227,100 (€3,199/m²), a €72,400 (24.2%) gap versus the €299,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ferreiras · ba5a6d | Subject | €299,500 | €4,218 | — | 68 | 70 |
| Ferreiras · 0dcc7c | Active | €285,000 | €4,750 | 12.6% | 70 | 74 |
| Albufeira e Olhos de Água · 001626 | Active | €270,000 | €4,909 | 16.4% | 68 | 74 |
| Albufeira e Olhos de Água · 9373f9 | Active | €350,000 | €4,667 | 10.6% | 70 | 63 |
| Albufeira e Olhos de Água · ba5a7b | Active | €250,000 | €3,906 | 7.4% | 70 | 70 |
| Median comp | €277,500 | €4,709 | 11.6% | 70 | 72 |
Short-term vacation rental The current listing price of €299,500 significantly exceeds the fair value of €227,100, indicating this property is overpriced by 24.2%. With a gross yield of 0%, the potential return on investment for short-term rentals appears limited, particularly given the competitive market in the Algarve region. Buy-and-hold Given that the property is priced at €299,500 while its fair value is €227,100, it is approximately 24.2% overvalued, which limits the potential for appreciation over time. The market conditions, with a median condition rating of 70/100, suggest that long-term value gains may not justify the current asking price. Long-term rental The listing price of €299,500 places the property at a 24.2% premium over its fair market value of €227,100, making it an overpriced investment for long-term rental strategies. The lack of any gross yield further emphasizes the potential financial drawbacks of investing in this property for rental income.
Economic Vulnerability The economic stability score of 60/100 indicates potential challenges in sustaining long-term tenant demand due to possible fluctuations in the local economy.
