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, energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment has a spacious balcony with stunning panoramic views over the Old Town, enhancing its appeal as both a rental and personal retreat.
The valuation. The asking price of €385,000 is 4.5% below the fair value of €403,082, indicating that this property is priced fairly. This slight discount creates a compelling opportunity for potential investors.
Fair value modelled at €403,082 from 6 comparable sales in the area. Asking €385,000 sits €18,082 (4.5%) below — the upside to fair value.
Asking €385,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €367,923 (€4,972/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 is below the parish average, reducing 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 €367,923, adjusted for condition and micro-location, gives a modelled fair value of €403,082 (€5,447/m²), a €18,082 (4.5%) gap versus the €385,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 6a920d | Subject | €385,000 | €5,203 | — | 70 | 73 |
| rua dos Pardais, 13 | Active | €299,000 | €4,672 | 10.2% | 70 | 73 |
| Albufeira e Olhos de Água · 82c749 | Active | €2,850,000 | €45,238 | 769.5% | 62 | 70 |
| avenida Privilegiada de Albufeira | Active | €350,000 | €7,609 | 46.2% | 70 | 69 |
| Albufeira e Olhos de Água · dee5ee | Active | €341,000 | €4,608 | 11.4% | 80 | 71 |
| Median comp | €345,500 | €6,141 | 18.0% | 70 | 71 |
Short-term vacation rental This property offers moderate potential as a short-term vacation rental, with its fair value just 4.5% above the listing price indicating a balanced opportunity in a desirable Algarve location. However, with a gross yield of 2.8%, the return on investment may be limited compared to other options in the area. Long-term rental As a long-term rental asset, this property is positioned in a reasonably attractive neighbourhood, but the fair value suggests it may not generate substantial appreciation over time. The 2.8% yield is not particularly compelling, which could limit its attractiveness for cash flow-focused investors. Buy-and-hold For a buy-and-hold strategy, this apartment seems fairly priced, allowing for stable ownership in a desirable area close to Algarve beaches. Nonetheless, the lack of significant upside potential, evidenced by the fair value assessment, means future returns may not substantially exceed current performance indicators.
Economic downturn risk The economic stability score of 65/100 indicates potential vulnerability to market fluctuations, which could lead to declining tenant demand and increased vacancy rates.
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
