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 74 m² on the 8th floor, built in 2003, energy rating D. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment features an exclusive balcony with panoramic sea views, enhancing its appeal for both relaxation and leisure, along with direct access to the resort's array of amenities.
The valuation. The asking price of €235,000 falls slightly below the fair value of €243,835, indicating the property is underpriced by €8,835, or 3.8%. This position presents a potential advantage for buyers. Buy-to-flip angle. With proper renovations, this 1-bed apartment can be strategically positioned for a resale at a higher price point, leveraging the local demand within the Algarve region. A targeted approach may yield significant profit potential. Buy-to-let angle. The estimated monthly rental income of €881 results in a gross yield of 4.5%, making this property a viable option for long-term rental, especially given the area's tourism-driven market. It offers consistent cash flow potential due to seasonal demand.
Fair value modelled at €243,835 from the area baseline, adjusted for condition and location. Asking €235,000 sits €8,835 (3.8%) below — the upside to fair value.
Asking €235,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €257,224 (€3,476/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 68 · Materials 62 · Room dimensions 66). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 84/100 (Housing Market 85 · Amenities 80 · Economic 75 · Tenant Quality 90). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €257,224 + condition -€11,216 + location +€30,534 = modelled fair value of €243,835 (€3,295/m²), a €8,835 (3.8%) gap versus the €235,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 225b4f | Subject | €235,000 | €3,176 | — | 68 | 84 |
| avenida Francisco Sá Carneiro, 5 | Active | €270,000 | €5,192 | 63.5% | — | 71 |
| Albufeira e Olhos de Água · 001626 | Active | €270,000 | €4,909 | 54.6% | 68 | 74 |
| Albufeira e Olhos de Água · 93850f | Active | €240,000 | €3,333 | 5.0% | 64 | 81 |
| avenida Sá Carneiro, 19 | Active | €269,000 | €4,559 | 43.6% | 65 | 65 |
| Median comp | €269,500 | €4,734 | 49.1% | 65 | 73 |
Short-term vacation rental The 1-bed apartment in Albufeira offers a lucrative opportunity in the short-term vacation rental market, with a gross yield of 4.5% that reflects strong tourist demand. Given the fair value is €243,835 and the listing price is €235,000, this property represents a 3.8% gap, making it a strategically sound investment. Buy-and-hold Investing in this 1-bed apartment aligns well with a buy-and-hold strategy, benefitting from the growing rental market in Albufeira, buoyed by its attractiveness to visitors and residents alike. The neighborhood’s high rating of 84/100 suggests a desirable living environment that is likely to retain value over time. Luxury market While the apartment is positioned within an appealing area, its current offering and value do not place it within the luxury market segment. The overall condition of 65/100 indicates potential for enhancement, which could be leveraged if future investments are made to elevate its market status. Not ideal for student housing The property’s characteristics and location do not lend themselves well to a student housing strategy, especially given its focus on attracting tourists rather than long-term student tenants. Additionally, the neighborhood’s high ratings emphasize an environment more suited for family or vacation-oriented residents than for students or multi-unit housing solutions. Not ideal for Industrial use The 1-bed apartment is inherently unsuitable for industrial use, given its residential zoning and alignment with the tourist rental market in Albufeira. Furthermore, the neighborhood’s attributes, designed for lifestyle and leisure, do not support industrial development endeavors. Not ideal for High-density urban projects This property does not meet criteria for high-density urban projects, as it caters predominantly to residential tenants seeking vacation accommodation. The surrounding area emphasizes community and tourism rather than urban density and commercial development.
Economic Vulnerability The economic stability score of 75/100 indicates potential fluctuations in the local economy, which may affect rent prices or occupancy rates adversely.
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