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, 1-bathroom apartment of 50 m², built in 2009, energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Proximity: Located just a short walk from Olhos de Água beach, this apartment offers easy access to local shops and dining, enhancing its appeal for both residents and renters.
The valuation. The asking price of €300,000 exceeds the fair value of €246,864 by €53,136, representing a 21.5% markup. This substantially overpriced condition indicates a poor investment opportunity for potential buyers.
Fair value modelled at €246,864 from 6 comparable sales in the area. Asking €300,000 sits €53,136 (21.5%) above — overpriced versus fair value.
Asking €300,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €241,502 (€4,830/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 53/100 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 €241,502, adjusted for condition and micro-location, gives a modelled fair value of €246,864 (€4,937/m²), a €53,136 (21.5%) gap versus the €300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · ade677 | Subject | €300,000 | €6,000 | — | 55 | 73 |
| Guia · 41ffb6 | Active | €340,000 | €6,538 | 9.0% | 65 | 70 |
| Albufeira e Olhos de Água · 6a920d | Active | €385,000 | €5,203 | 13.3% | 70 | 73 |
| rua dos Pardais, 13 | Active | €299,000 | €4,672 | 22.1% | 70 | 73 |
| avenida Privilegiada de Albufeira | Active | €350,000 | €7,609 | 26.8% | 70 | 69 |
| Median comp | €345,000 | €5,871 | 2.2% | 70 | 72 |
Long-term rental The 2-bed apartment in Albufeira e Olhos de Água appears overpriced at €300,000, with its fair value assessed at €246,864, leading to a 21.5% gap. Additionally, the gross yield is 0%, indicating that holding this property as a long-term rental may not generate satisfactory returns. Short-term vacation rental With a property listing of €300,000 against a fair value of €246,864, this apartment is overpriced by 21.5% and lacks the yield potential needed for a successful short-term vacation rental investment. Furthermore, the neighbourhood rating of 73/100 does not sufficiently compensate for the absence of rental income. Buy-and-hold The buy-and-hold strategy for this Albufeira property is undermined by its overpriced status of €300,000, evidenced by a fair value estimate of €246,864 and a significant 21.5% gap. Given its low condition score of 53/100 and zero yield, this investment does not align with profitable buy-and-hold criteria.
Tenant turnover risk The tenant stability score of 70/100 indicates potential for higher turnover, which could lead to increased vacancy periods and associated costs.
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