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 78 m² on the 1st floor, built in 1989. Located on rua Mouzinho de Albuquerque, 5, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment offers a unique open space layout that seamlessly integrates the living room and kitchen, complemented by a private balcony overlooking the communal pool area.
The valuation. The asking price of €282,000 sits below the fair value of €382,909, indicating an underpriced opportunity with a difference of €100,909 (26.4%). This is an advantageous position for potential investors.
Fair value modelled at €382,909 from 5 comparable sales in the area. Asking €282,000 sits €100,909 (26.4%) below — the upside to fair value.
Asking €282,000 versus the rua Mouzinho de Albuquerque, 5 area baseline of €366,311 (€4,696/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 60/100 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 €366,311, adjusted for condition and micro-location, gives a modelled fair value of €382,909 (€4,909/m²), a €100,909 (26.4%) gap versus the €282,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Mouzinho de Albuquerque, 5 | Subject | €282,000 | €3,615 | — | 56 | 74 |
| Albufeira e Olhos de Água · 001626 | Active | €270,000 | €4,909 | 35.8% | 68 | 74 |
| Albufeira e Olhos de Água · de0b7a | Active | €370,000 | €5,286 | 46.2% | — | 76 |
| Albufeira e Olhos de Água · cfdeef | Active | €265,000 | €4,141 | 14.5% | 60 | 72 |
| Albufeira e Olhos de Água · 82c791 | Active | €385,000 | €4,053 | 12.1% | — | 67 |
| Median comp | €320,000 | €4,525 | 25.2% | 64 | 73 |
Short-term vacation rental The 1-bed apartment in Albufeira shows potential for a strong return as a short-term vacation rental, with a notable gap of 26.4% below fair value at €282,000. Coupled with a gross yield of 4.2%, this positioning allows for good profitability given the region's reliance on tourism. Long-term rental Investing in this property for long-term rental remains appealing, particularly with its fair value substantially higher than the listing price, presenting an opportunity for consistent cash flow. The neighbourhood rating of 74/100 indicates a desirable location for potential tenants, enhancing occupancy rates. Buy-and-hold A buy-and-hold strategy is justified as the property remains subvalued based on fair market assessments, with a promising growth outlook in a tourist-driven economy. The combination of a solid 4.2% yield and the property’s neighbourhood quality supports long-term appreciation in value. Not ideal for student housing This property is not well-suited for student housing due to Albufeira's average academic offerings, which may not attract a stable influx of students. The focus on tourism and seasonal rentals also detracts from its feasibility as a student accommodation option. Not ideal for luxury market Entering the luxury market with this apartment is not advisable as it lacks the exclusive features and location benchmarks typically sought after in high-end properties. Its condition rating of 60/100 suggests it would require significant investment to meet luxury standards. Not ideal for industrial development The property is unsuitable for industrial development given its residential classification and location in a predominantly tourist-centric area. The economic reliance on tourism further limits the potential for industrial use, making this an ill-fitted strategy for this asset.
Economic Exposure Given the economic stability score of 65/100, there is a risk that economic downturns could significantly impact rental income and occupancy rates. Tenant Assurance The tenant stability score of 75/100 suggests moderate reliance on current tenants, making future vacancies a potential risk depending on economic conditions.
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
