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 72 m², energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The property includes a pleasant balcony overlooking the pool area, enhancing the outdoor leisure experience and is situated within a prestigious tourist development at Albufeira Marina.
The valuation. The asking price of €240,000 is positioned at €5,377 (2.2%) above the fair value of €234,623, indicating that the property is overpriced. This slight premium raises concerns about potential investment returns.
Fair value modelled at €234,623 from the area baseline, adjusted for condition and location. Asking €240,000 sits €5,377 (2.2%) above — overpriced versus fair value.
Asking €240,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €250,272 (€3,476/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 64 · Materials 62 · Room dimensions 69). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 81/100 (Housing Market 85 · Amenities 80 · Economic 75 · Tenant Quality 85). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €250,272 + condition -€10,913 + location +€27,088 = modelled fair value of €234,623 (€3,259/m²), a €5,377 (2.2%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 93850f | Subject | €240,000 | €3,333 | — | 64 | 81 |
| rua dos Mares | Active | €250,000 | €3,731 | 11.9% | 75 | 73 |
| rua dos Pardais, 4 | Active | €350,000 | €5,469 | 64.1% | 70 | 70 |
| avenida Francisco Sá Carneiro, 5 | Active | €270,000 | €5,192 | 55.8% | — | 71 |
| avenida Sa Carneiro | Active | €255,000 | €4,048 | 21.4% | 70 | 72 |
| Median comp | €262,500 | €4,620 | 38.6% | 70 | 72 |
Short-term vacation rental The property's 5.4% gross yield suggests potential within the short-term rental market, yet its pricing at €240,000 is 2.2% above the fair value, indicating that the investment may not deliver expected returns. Additionally, while the neighbourhood boasts an 81/100 rating, the current price point may limit profitability in a competitive tourist market. Long-term rental Although the property is located in a desirable area of Albufeira, its current listing price of €240,000 exceeds fair value by 2.2%, which could impact the rental returns for a long-term investment strategy. The fair condition score of 65/100 further emphasizes the need to consider expenses for upgrades, making the investment less attractive compared to other opportunities. Buy-and-hold Given the robust tourism-driven economy of the Algarve, holding this property could offer benefits; however, at €240,000—2.2% over the fair value—it positions the investor at a disadvantage regarding initial capital outlay. The apartment’s neighbourhood rating of 81/100 does provide some reassurance, yet the higher entry price may hinder potential appreciation rates over time.
Potential Market Volatility A relatively high economic stability score of 75/100 indicates possible fluctuations in the local economy, which could impact tenant retention and overall rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
