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 110 m² on the 1st floor, built in 2007, energy rating D. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment's elevated position within Garden Village offers serene views and convenient access to four swimming pools and on-site dining options, enhancing its attractiveness for both residents and investors.
The valuation. The asking price of €395,000 is below the fair value of €444,783, indicating an undervaluation of €49,783 (11.2%). This presents a favorable opportunity for potential investors. Buy-to-flip angle. Utilizing a buy-to-flip strategy, the goal would be to enhance the property’s appeal and resell it quickly to capture the market interest in Albufeira. As-is, the expected resale could outperform the current asking price. Buy-to-let angle. The buy-to-let strategy involves harnessing the gross yield of 4.7%, estimated rental income of €1,547/month, leveraging the high demand for short-term vacation rentals in this prime tourist area for consistent cash flow.
Fair value modelled at €444,783 from 6 comparable sales in the area. Asking €395,000 sits €49,783 (11.2%) below — the upside to fair value.
Asking €395,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €362,449 (€3,295/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 is above the parish average, lifting 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 €362,449, adjusted for condition and micro-location, gives a modelled fair value of €444,783 (€4,043/m²), a €49,783 (11.2%) gap versus the €395,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 89e703 | Subject | €395,000 | €3,591 | — | 75 | 81 |
| rua António Sérgio | Active | €380,000 | €3,762 | 4.8% | 75 | 76 |
| rua das Andorinhas | Active | €490,000 | €4,336 | 20.8% | 80 | 71 |
| beco José Ramos Pimenta S / N | Active | €188,000 | €4,087 | 13.8% | 82 | 62 |
| rua dos Bares | Active | €275,000 | €4,167 | 16.0% | 74 | 73 |
| Median comp | €327,500 | €4,127 | 14.9% | 78 | 72 |
Short-term vacation rental The attractive yield of 4.7% gross and the property being subvalued by 11.2% make this apartment an appealing option for short-term vacation rentals in the thriving Algarve tourism market. With a good condition rating of 78/100 and a favorable neighborhood score of 81/100, the property is well-positioned to attract holidaymakers seeking quality accommodation. Buy-and-hold Investing in this 2-bed apartment could yield solid returns over time, as the property is currently subvalued by 11.2% against fair market value. The strong tourism-driven economy of the region suggests potential for continued appreciation in property values, thus making it a strategic buy-and-hold investment. Family rental The apartment's spacious layout and favorable condition scores position it well for family rental purposes, despite being in a primarily tourist-driven area. With a quality neighborhood score of 81/100 and proximity to amenities, it has the potential to attract long-term family tenants while being subvalued by 11.2% against fair market value.
Economic Vulnerability The economic stability score of 65 indicates moderate potential for economic downturns that could impact rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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