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 85 m², energy rating B. Located Ferreiras parish, Albufeira municipality, Faro district. Noteworthy Features: The apartment includes a closed balcony designed as a laundry area, ensuring efficient use of space while maintaining the living areas’ aesthetic appeal.
The valuation. The asking price of €320,000 sits €35,555 (11.1%) above the fair value of €284,445, indicating that the property is overpriced. This discrepancy suggests potential challenges for investors seeking immediate equity.
Fair value modelled at €284,445 from the area baseline, adjusted for condition and location. Asking €320,000 sits €35,555 (11.1%) above — overpriced versus fair value.
Asking €320,000 versus the Ferreiras, Albufeira, Faro area baseline of €234,515 (€2,759/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 70 · Materials 75 · Room dimensions 78). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 76/100 (Housing Market 80 · Amenities 80 · Economic 70 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
Ferreiras, Albufeira, Faro
Area baseline €234,515 + condition -€266 + location +€26,821 = modelled fair value of €284,445 (€3,346/m²), a €35,555 (11.1%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ferreiras · dc14bd | Subject | €320,000 | €3,765 | — | 70 | 76 |
| largo das Ilhas | Active | €549,000 | €4,037 | 7.2% | 74 | 76 |
| Ferreiras · 0dcc7c | Active | €285,000 | €4,750 | 26.2% | 70 | 74 |
| Albufeira e Olhos de Água · 9388cf | Active | €320,000 | €4,638 | 23.2% | 80 | 77 |
| rua da Figueira, 21 | Active | €350,000 | €4,268 | 13.4% | 75 | 72 |
| Median comp | €335,000 | €4,453 | 18.3% | 75 | 75 |
Short-term vacation rental This property is overpriced at €320,000, exceeding the fair value estimate of €284,445 by 11.1%. With a gross yield of 0%, it is unsuitable for short-term vacation rentals in the currently competitive Algarve market. Buy-and-hold Investing in this property for the long term is not recommended, as its price exceeds fair value by 11.1% and yields no current returns. The condition score of 75/100 and neighborhood score of 76/100 do not justify the elevated price. Value-add renovation While renovations could improve this property, the current asking price of €320,000 is still vulnerable compared to the fair value of €284,445. The potential upside from renovations cannot compensate for the fact that the property is overpriced in its current state.
Economic vulnerability The property faces potential economic instability due to a score of 70/100, which indicates a comparatively higher risk of market fluctuations that could affect rental income.
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