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 42 m², built in 1985, energy rating E. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment offers the potential for converting the spacious living room into an additional bedroom, enhancing rental appeal in a prime location just 600 meters from the beach.
The valuation. The asking price of €202,500 significantly exceeds the fair value of €132,735, resulting in an overpricing of €69,765 (34.5%). This valuation suggests that the property is not a suitable investment at its current asking price.
Fair value modelled at €132,735 from the area baseline, adjusted for condition and location. Asking €202,500 sits €69,765 (34.5%) above — overpriced versus fair value.
Asking €202,500 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €145,992 (€3,476/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 (Condition 65 · Materials 70 · Room dimensions 66). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 75 · Amenities 80 · 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 €145,992 + condition -€5,906 + location +€11,214 = modelled fair value of €132,735 (€3,160/m²), a €69,765 (34.5%) gap versus the €202,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 23f50f | Subject | €202,500 | €4,821 | — | 65 | 72 |
| rua do Ténis, 1 | Active | €185,000 | €5,606 | 16.3% | 65 | 70 |
| Albufeira e Olhos de Água · dee640 | Active | €185,000 | €9,250 | 91.9% | — | 74 |
| rua José Bernardino de Sousa | Active | €299,500 | €4,680 | 2.9% | 75 | 58 |
| Albufeira e Olhos de Água · ba573d | Active | €219,000 | €4,563 | 5.4% | 75 | 71 |
| Median comp | €202,000 | €5,143 | 6.7% | 75 | 71 |
Short-term vacation rental This 1-bed apartment in Albufeira is overpriced at €202,500 compared to its fair value of €132,735, which results in a significant gap of 34.5%. Given the gross yield of 4.4%, investors may find it challenging to justify the higher entry price for short-term vacation rental purposes in a market heavily influenced by tourism. Buy-and-hold With a fair value considerably lower than the asking price, purchasing this property as a buy-and-hold investment appears unattractive at €202,500, especially with a yield of only 4.4%. This underwhelming return, coupled with a condition score of 66/100, raises concerns about long-term value appreciation. Long-term rental The 1-bed apartment is overpriced at €202,500, which undermines its viability as a long-term rental investment given the fair value of €132,735. While the neighborhood scores moderately at 72/100, the inflated price diminishes potential rental income prospects in a tourism-reliant economy.
Economic Vulnerability The economic stability score of 65 suggests that there could be potential fluctuations in market conditions, which may impact rental income and overall property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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