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, 2-bathroom apartment of 127 m², built in 2008, energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment features high-quality double glazing and electric shutters, ensuring exceptional energy efficiency and noise reduction in a vibrant environment.
The valuation. The asking price of €439,000 is €22,857 (5.2%) above the fair value of €416,143, indicating that the property is overpriced considering current market conditions. Buy-to-flip angle. A resale strategy could capitalize on the property’s desirable features by targeting buyers interested in luxury finishes, aiming for a profit margin above the asking price. Buy-to-let angle. With a gross yield of 5%, generating approximately €1,829/month from vacation rentals could provide stable cash flow, leveraging the region’s tourism-driven economy.
Fair value modelled at €416,143 from the area baseline, adjusted for condition and location. Asking €439,000 sits €22,857 (5.2%) above — overpriced versus fair value.
Asking €439,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €441,452 (€3,476/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 73 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 70 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €441,452 + condition +€0 + location +€30,825 = modelled fair value of €416,143 (€3,277/m²), a €22,857 (5.2%) gap versus the €439,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 9388d3 | Subject | €439,000 | €3,457 | — | 73 | 70 |
| rua da Figueira, 21 | Active | €350,000 | €4,268 | 23.5% | 75 | 72 |
| rua António Aleixo, 2 | Active | €378,000 | €4,200 | 21.5% | 68 | 71 |
| Albufeira e Olhos de Água · 82c791 | Active | €385,000 | €4,053 | 17.2% | — | 67 |
| estrada de Santa Eulália | Active | €300,000 | €4,688 | 35.6% | 70 | 70 |
| Median comp | €364,000 | €4,234 | 22.5% | 70 | 71 |
Short-term vacation rental This property is not ideally suited for a short-term vacation rental strategy as it is overpriced by 5.2% compared to its fair value, making it a less attractive investment. Additionally, while the location benefits from robust tourism demand in the Algarve region, the yield of 5% is below the market's expectations for vacation rentals. Buy-and-hold As a buy-and-hold investment, this property presents challenges due to its 5.2% markup in price over fair value, suggesting that long-term appreciation may not compensate for the initial overinvestment. Furthermore, the apartment's condition and neighborhood ratings of 75/100 and 70/100 respectively indicate that while there may be potential, it lacks the strong fundamentals to justify the current price. Family rental For family rental purposes, this property appears to be overpriced by 5.2% relative to its assessed fair value, which could hinder cash flow and rental yield performance. The neighborhood's amenities and the apartment's condition may appeal to families; however, the asking price does not align with the current market dynamics, making it a less favorable option for this strategy.
Economic Vulnerability The economic stability score of 65 suggests potential fluctuations in the market could impact property values or rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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