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 100 m², energy rating A. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Location: Situated within a short walk to Praia da Falésia, this apartment offers not only luxury living but also access to one of Portugal's most renowned beaches. Community Amenities: The private condominium features serene gardens and multiple swimming pools for relaxation and leisure.
The valuation. The asking price of €1,050,000 sits significantly above the fair value of €337,011, representing an overpricing of €712,989 (67.9%). This valuation indicates a misalignment with market expectations for the property. Buy-to-flip angle. A buy-to-flip strategy would be challenging due to the property’s current overvaluation, leading to a considerable risk of negative profit margins upon resale. Potential renovations could enhance appeal, but the high initial cost remains a barrier. Buy-to-let angle. With a gross yield of 0%, this property is unsuitable for buy-to-let investments, as it currently does not generate rental income. However, being located near resort areas hints at future potential for short-term rental opportunities, albeit with seasonal fluctuations.
Fair value modelled at €866,809 from 6 comparable sales in the area. Asking €600,000 sits €266,809 (30.8%) below — the upside to fair value.
Asking €600,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €730,736 (€4,872/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €730,736, adjusted for condition and micro-location, gives a modelled fair value of €866,809 (€5,779/m²), a €266,809 (30.8%) gap versus the €600,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 91140e | Subject | €600,000 | €4,000 | — | 88 | 71 |
| Quarteira · 4a803d | Active | €695,000 | €6,814 | 70.3% | 78 | 69 |
| rua Canais do Golfe S / N | Active | €750,000 | €4,839 | 21.0% | 80 | 60 |
| Quarteira · 788143 | Active | €649,000 | €5,643 | 41.1% | 80 | 71 |
| rua dos Descobrimentos | Active | €670,000 | €3,941 | 1.5% | 76 | 73 |
| Median comp | €682,500 | €5,241 | 31.0% | 79 | 70 |
Short-term vacation rental Given the significant gap of 67.9% between the listing price of €1,050,000 and its fair value of €337,011, this property is not positioned as a viable short-term vacation rental investment. The lack of gross yield at 0% further indicates that this strategy would not generate attractive returns in a location with seasonal tourism fluctuations. Long-term rental With a fair value of €337,011, purchasing this property at €1,050,000 results in an excessive investment that does not align with long-term rental objectives. The current condition rating of 80/100 and neighborhood score of 71/100 suggest that while the property may be livable, the high purchase price severely limits potential profitability in a long-term rental scenario. Buy-and-hold This property’s asking price far exceeds its fair value, making it a poor prospect for a buy-and-hold strategy. The anticipated appreciation does not compensate for the lack of rental yield, illustrating that holding this property would not yield satisfactory returns over time.
Economic Vulnerability A score of 65/100 in economic stability indicates a moderate level of risk, suggesting potential fluctuations in the local economy that could affect tenant retention 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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