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 65 m², energy rating D. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment features a private outdoor balcony accessed from the living room, enhancing the living space with natural light and a pleasant outdoor atmosphere.
The valuation. The asking price of €275,000 is slightly above the fair value of €258,387 by €16,613, or 6.4%. This aligns with the verdict of fair, indicating the property is reasonably priced for the market.
Fair value modelled at €258,387 from 6 comparable sales in the area. Asking €275,000 sits €16,613 (6.4%) above — overpriced versus fair value.
Asking €275,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €221,084 (€3,401/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €221,084, adjusted for condition and micro-location, gives a modelled fair value of €258,387 (€3,975/m²), a €16,613 (6.4%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 3df490 | Subject | €275,000 | €4,231 | — | 72 | 71 |
| rua Vitorino Nemésio, 128 | Active | €239,000 | €4,780 | 13.0% | 75 | 73 |
| Albufeira e Olhos de Água · ba5a7b | Active | €250,000 | €3,906 | 7.7% | 70 | 70 |
| rua Vasco Santana, 110 | Active | €275,000 | €4,044 | 4.4% | 69 | 70 |
| rua dos Mares | Active | €250,000 | €3,731 | 11.8% | 75 | 73 |
| Median comp | €250,000 | €3,975 | 6.0% | 73 | 72 |
Short-term vacation rental Given the growing tourism in the Algarve region, this property aligns well with the demand for short-term accommodations, even though its current pricing reflects a fair valuation rather than a bargain. With a gross yield of 3.8%, investors can anticipate stable returns in this high-demand market. Long-term rental The property is positioned in a safe neighborhood with moderate school access, making it suitable for long-term tenants seeking stability in a tourist-friendly area, despite its aligned pricing. A fair gap from the assessed value does not diminish the potential for steady occupancy rates driven by the local economy. Buy-and-hold As a buy-and-hold investment, this property offers a reasonable balance between income potential and market stability, given its fair valuation and appealing condition score of 76/100. While not a steal, the current pricing reflects ongoing interest in the area, making it a sound choice for long-term appreciation in the Algarve market.
Potential Tenant Volatility The economic stability score of 68/100 combined with a tenant stability score of 67/100 indicates a moderate risk of tenant turnover or instability, which could impact cash flow.
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