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 107 m² on the 1st floor, built in 1999, energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The apartment boasts a large terrace with panoramic sea views, perfect for outdoor relaxation and entertaining, enhancing its appeal as a coastal living space.
The valuation. The asking price of €445,000 is significantly above the fair value of €357,051, indicating an overvaluation of €87,949 (19.8%). This property does not present itself as a feasible investment under current market conditions.
Fair value modelled at €357,051 from the area baseline, adjusted for condition and location. Asking €445,000 sits €87,949 (19.8%) above — overpriced versus fair value.
Asking €445,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €371,932 (€3,476/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 75 · Materials 80 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 72/100 (Housing Market 75 · Amenities 70 · 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 €371,932 + condition +€3,845 + location +€28,568 = modelled fair value of €357,051 (€3,337/m²), a €87,949 (19.8%) gap versus the €445,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 911982 | Subject | €445,000 | €4,159 | — | 75 | 72 |
| rua da Figueira, 21 | Active | €350,000 | €4,268 | 2.6% | 75 | 72 |
| Albufeira e Olhos de Água · 38911b | Active | €465,000 | €4,346 | 4.5% | 80 | 70 |
| rua das Telecomunicações, 25 | Active | €465,000 | €4,346 | 4.5% | 76 | 73 |
| Albufeira e Olhos de Água · 82c66e | Active | €345,000 | €4,157 | 0.1% | 85 | 79 |
| Median comp | €407,500 | €4,307 | 3.6% | 78 | 73 |
Short-term vacation rental The current listing price of €445,000 presents a significant gap of 19.8% above the fair value of €357,051, suggesting that the potential for profit is limited in this strategy. With a gross yield of only 3.5%, the return on investment may not justify the entry cost in an already overpriced market. Long-term rental At a price point of €445,000, the property's valuation exceeds the market's fair value by nearly 20%, which raises concerns regarding its potential for long-term appreciation. Given the yield of 3.5%, the investment is unlikely to provide adequate financial returns, making it a less attractive option relative to other opportunities. Buy-and-hold Investing in this property at €445,000, representing a 19.8% premium over the fair value, is inadvisable for a buy-and-hold strategy, as the premium price limits future growth potential. Coupled with a modest yield of 3.5%, it becomes increasingly difficult to justify holding this property for the long term in an overpriced market.
Economic Vulnerability The economic stability score of 65/100 indicates potential susceptibility to market fluctuations, which could affect rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
