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 64 m², built in 1983, energy rating D. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment boasts a private balcony with breathtaking ocean views and access to a large swimming pool within a modern building that offers 24-hour security services.
The valuation. The asking price of €250,000 is significantly above the fair value of €206,710, representing an overvaluation of €43,290 (17.3%). This disparity suggests caution for potential investors considering this property.
Fair value modelled at €206,710 from the area baseline, adjusted for condition and location. Asking €250,000 sits €43,290 (17.3%) above — overpriced versus fair value.
Asking €250,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €220,800 (€3,450/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 70 · Materials 75 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 80 · Amenities 70 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €220,800 + condition -€3,000 + location +€15,534 = modelled fair value of €206,710 (€3,230/m²), a €43,290 (17.3%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · ba5a7b | Subject | €250,000 | €3,906 | — | 70 | 70 |
| rua Vitorino Nemésio, 128 | Active | €239,000 | €4,780 | 22.4% | 75 | 73 |
| Albufeira e Olhos de Água · ba58bd | Active | €202,500 | €3,616 | 7.4% | 74 | 65 |
| rua dos Pardais, 4 | Active | €350,000 | €5,469 | 40.0% | 70 | 70 |
| rua do Atlântico, 33A | Active | €285,000 | €4,524 | 15.8% | 68 | 73 |
| Median comp | €262,000 | €4,652 | 19.1% | 72 | 72 |
Short-term vacation rental This property, with a listing price of €250,000, exceeds its fair value by 17.3%, suggesting it is overpriced for the short-term rental market despite the high tourist demand in the area. The 4.3% gross yield further indicates that the potential return does not justify the higher purchase price. Buy-and-hold Given the analysis, this 1-bed apartment in Albufeira is overpriced at €250,000 compared to a fair value of €206,710, making it a less attractive buy-and-hold opportunity. With the local economy heavily supported by tourism, the investment lacks the valuation support to provide an adequate long-term return. Family rental This property is not well-suited for family rental as it is overpriced at €250,000 while the fair value sits at €206,710, representing a significant gap. The current gross yield of 4.3% and the average conditions in the neighborhood further diminish the property's attractiveness for long-term family tenants.
Tenant turnover risk With both economic and tenant stability scores at 65/100, there's a heightened risk of tenant turnover that could lead to potential vacancy and loss of rental income.
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.
