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 75 m², energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment's covered terrace features a sea view, perfect for outdoor dining, while the living room's sliding panel offers flexible sleeping arrangements for guests.
The valuation. The asking price for the 1-bed 1-bath apartment is €365,000, which sits €60,269 or 14.2% below its fair value of €425,269. This property is clearly underpriced for its location and quality.
Fair value modelled at €425,269 from 6 comparable sales in the area. Asking €365,000 sits €60,269 (14.2%) below — the upside to fair value.
Asking €365,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €375,479 (€5,006/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 €375,479, adjusted for condition and micro-location, gives a modelled fair value of €425,269 (€5,670/m²), a €60,269 (14.2%) gap versus the €365,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · ab70c7 | Subject | €365,000 | €4,867 | — | 70 | 72 |
| jardim A4 | Active | €234,000 | €4,875 | 0.2% | 82 | 73 |
| rua Alfred Wost | Active | €175,000 | €4,861 | 0.1% | 75 | 70 |
| Albufeira e Olhos de Água · 19f790 | Active | €375,000 | €6,466 | 32.9% | 70 | 63 |
| rua Samora Barros | Active | €350,000 | €7,609 | 56.3% | 85 | 76 |
| Median comp | €292,000 | €5,671 | 16.5% | 79 | 72 |
Short-term vacation rental This property is ideally positioned in the tourist-centric Algarve region, making it suitable for short-term vacation rentals with a fair value significantly higher than the listing price. The current gross yield of 3.3% suggests that this investment can provide attractive returns as demand for tourism remains robust. Buy-and-hold With a fair value of €425,269, purchasing this apartment at €365,000 presents a compelling opportunity for long-term appreciation in a stable and desirable area. Given the increasing popularity of Albufeira among tourists, this property is likely to gain value over time, making it a wise buy-and-hold investment. Value-add renovation The property has a good condition rating of 76/100, indicating a solid foundation for value-add renovations that could elevate both its appeal and rental income. Investing in updates and enhancements could increase the property's value closer to its fair market value, revealing substantial upside potential in a thriving neighborhood. Student housing This property is not suitable for student housing, given the focus on vacation rentals in a tourist-centric area rather than the consistent demand required for long-term student living arrangements. The current neighborhood dynamics do not favor an academic leasing model, as the market is oriented towards transient visitors. Luxury market This property does not fit within the luxury market segment, which is characterized by higher price points and superior amenities that are absent here. Investing in this apartment is better suited for market segments targeting vacationers rather than affluent long-term residents seeking luxury accommodations.
Economic vulnerability With an economic stability score of 65, there is a moderate risk of downturns that could affect rental income and property value.
Year 1, before income tax (IRS or IRC). Includes IMT, stamp duty, IMI and AIMI for a resident individual. Estimate: check with your accountant.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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