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.
3-bedroom, 3-bathroom apartment of 278 m², built in 2023, energy rating A. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment's expansive private terrace spans nearly 100m², offering a stunning backdrop of the condominium's well-maintained gardens and direct access to various community amenities.
The valuation. The asking price of €699,000 is significantly below fair value, which is set at €945,678, creating a disparity of €246,678 (35.3%). This property is currently underpriced given its appealing features and location.
Fair value modelled at €945,678 from the area baseline, adjusted for condition and location. Asking €699,000 sits €246,678 (35.3%) below — the upside to fair value.
Asking €699,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €966,328 (€3,476/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 (Condition 82 · Materials 85 · Room dimensions 85). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 80 · Amenities 65 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €966,328 + condition +€34,750 + location +€67,476 = modelled fair value of €945,678 (€3,402/m²), a €246,678 (35.3%) gap versus the €699,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 28b759 | Subject | €699,000 | €2,514 | — | 82 | 70 |
| rua do Município S / N N1 | Active | €540,000 | €2,432 | 3.3% | 82 | 73 |
| Albufeira e Olhos de Água · 001855 | Active | €655,000 | €3,722 | 48.0% | 78 | 65 |
| Albufeira e Olhos de Água · 1e6357 | Active | €699,000 | €4,629 | 84.1% | 78 | 70 |
| largo das Ilhas | Active | €549,000 | €4,037 | 60.5% | 74 | 76 |
| Median comp | €602,000 | €3,880 | 54.3% | 78 | 72 |
Short-term vacation rental The property is ideally positioned in the Algarve, a region renowned for its tourism, making it an attractive option for short-term vacation rentals. With a fair value gap of 35.3%, this listing offers a lucrative opportunity for generating income during peak tourist seasons. Buy-and-hold This 3-bed apartment presents a beneficial buy-and-hold investment, particularly in a region where demand for housing remains resilient amid fluctuating seasonal trends. The property's condition rating of 84/100 further enhances its potential long-term appreciation, supporting a strategic hold within this vibrant market. Long-term rental Given the strong rental yield of 4% and the favorable conditions of the property, it stands out as a solid option for long-term rental opportunities. The neighborhood's moderate quality of 70/100 indicates a stable tenant base, which is beneficial for sustained rental income. Not ideal for: This property is not suited for student housing or luxury market developments due to the limited educational institutions and specialized amenities in the area. Furthermore, the location does not align with the characteristics typically sought after for industrial development.
Economic Vulnerability With an economic stability score of 60/100, the property may face risks from broader economic downturns that could impact rental income. Tenant Stability Risk Given the tenant stability score of 70/100, there may be a moderate risk of tenant turnover affecting cash flow.
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