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, 2-bathroom apartment of 95 m² on the 1st floor, energy rating C. Located on rua Manuel Teixeira Gomes, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: Enjoy exclusive use of the community's large green area with dedicated pools for adults and children, providing a family-friendly atmosphere right at your doorstep.
The valuation. The asking price of €380,000 is considerably above the fair value of €315,079, reflecting an overvaluation of €64,921 (17.1%). This indicates that the property is priced at a premium relative to its intrinsic value. Buy-to-flip angle. The property, being overpriced at €380,000, would require significant market adjustments before resale. A targeted renovation may attract buyers willing to pay a higher price in a recovering market. Buy-to-let angle. With an estimated gross yield of 3.2% at approximately €1,013/month, the rental income strategy focuses on stable long-term tenants. The location’s desirability supports consistent rental demand, ensuring steady cash flow.
Fair value modelled at €315,079 from the area baseline, adjusted for condition and location. Asking €380,000 sits €64,921 (17.1%) above — overpriced versus fair value.
Asking €380,000 versus the rua Manuel Teixeira Gomes area baseline of €330,220 (€3,476/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 74 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 72/100 (Housing Market 80 · Amenities 70 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Manuel Teixeira Gomes
Area baseline €330,220 + condition +€1,484 + location +€25,364 = modelled fair value of €315,079 (€3,317/m²), a €64,921 (17.1%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Manuel Teixeira Gomes | Subject | €380,000 | €4,000 | — | 74 | 72 |
| Albufeira e Olhos de Água · 03254d | Active | €450,000 | €3,913 | 2.2% | 70 | 72 |
| Albufeira e Olhos de Água · 483c5e | Active | €360,000 | €4,186 | 4.7% | 68 | 72 |
| Albufeira e Olhos de Água · 9388d3 | Active | €439,000 | €3,457 | 13.6% | 73 | 70 |
| rua António Aleixo, 2 | Active | €378,000 | €4,200 | 5.0% | 68 | 71 |
| Median comp | €408,500 | €4,050 | 1.2% | 69 | 72 |
Short-term vacation rental The 2-bed apartment in Albufeira is priced at €380,000, which is 17.1% higher than its fair value of €315,079, indicating it is overpriced for a vacation rental strategy. With a gross yield of only 3.2% and declining visitor sentiment in the area, this investment may not provide the expected returns. Long-term rental With an asking price of €380,000 and a fair value of €315,079, the property is overpriced by 17.1%, suggesting limited profitability for long-term leasing. Given the moderate condition and neighborhood score, the apartment's appeal may not attract quality long-term tenants at this price point. Buy-and-hold The current asking price of €380,000 exceeds the fair value of €315,079 by 17.1%, rendering the property overpriced for a buy-and-hold investment strategy. Anticipating a modest appreciation and a gross yield of 3.2%, the expected long-term value growth may not justify the high entry price in this market. Not ideal for: The short-term vacation rental market may be challenging due to high pricing, and the property is considered overpriced, making it unsuitable for student housing or luxury market targeting.
Tenant turnover risk: With a tenant stability score of 65/100, there is a risk of higher tenant turnover, potentially leading to increased vacancy rates and more frequent leasing costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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