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 75 m², energy rating D. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This well-maintained apartment features a pleasant terrace perfect for outdoor relaxation, and is situated just minutes from the stunning beaches of Praia de São Rafael.
The valuation. The asking price of €299,000 is €45,890 (15.3%) above the fair value of €253,110, indicating that the property is overpriced for the current market conditions.
Fair value modelled at €253,110 from the area baseline, adjusted for condition and location. Asking €299,000 sits €45,890 (15.3%) above — overpriced versus fair value.
Asking €299,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €260,700 (€3,476/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 75 · Materials 82 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 80 · 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 €260,700 + condition +€6,445 + location +€19,114 = modelled fair value of €253,110 (€3,375/m²), a €45,890 (15.3%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · da4606 | Subject | €299,000 | €3,987 | — | 75 | 71 |
| estrada das Sesmarias | Active | €299,000 | €5,436 | 36.4% | 76 | 80 |
| beco José Ramos Pimenta S / N | Active | €188,000 | €4,087 | 2.5% | 82 | 62 |
| Albufeira e Olhos de Água · 90da03 | Active | €390,000 | €4,063 | 1.9% | 75 | 73 |
| estrada das Sesmarias | Active | €299,000 | €5,436 | 36.4% | 81 | 74 |
| Median comp | €299,000 | €4,762 | 19.4% | 79 | 74 |
Short-term vacation rental Given the property's gross yield of 3.2% and its current listing price of €299,000, it is clear that the investment potential is limited compared to the fair value of €253,110. In a neighborhood score of 71/100, while appealing for tourists, the pricing remains high, indicating that returns may not justify the cost for vacation rentals. Long-term rental With a list price that exceeds fair value by 15.3%, investing in this property as a long-term rental may lead to slower growth and compromised cash flow, particularly given the yield of only 3.2%. The neighborhood score reflects decent living conditions; however, the property's price suggests it may not be the most optimal choice for reliable long-term returns. Buy-and-hold Purchasing this property for a buy-and-hold strategy may not be advisable given its fair value comparison, indicating it is overpriced at €299,000. Even though the apartment is in good condition (81/100), the gap between its listing price and fair value both limits potential gains and introduces risk in a fluctuating market.
Potential Revenue Fluctuation The economic stability score of 65/100 indicates a moderate risk of fluctuating rental income, which could affect cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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