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 65 m², built in 2014, energy rating E. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The balcony offers serene views of the neighboring green areas, enhancing the apartment's appeal as a tranquil retreat close to Albufeira's amenities and beaches.
The valuation. The asking price of €249,000 is slightly below the fair value of €262,067, representing a difference of €13,067 or 5.0%. Verdict: fair. Buy-to-flip angle. Given the high-quality finishes and appealing location, a short-term refurb could increase desirability, targeting a resale around €270,000 for a profit of approximately €21,000. Buy-to-let angle. With an estimated rental income of €1,038/month, the property offers a gross yield of 5%, making it an attractive option for long-term investment in a tourist-centric area.
Fair value modelled at €262,067 from 6 comparable sales in the area. Asking €249,000 sits €13,067 (5.0%) below — the upside to fair value.
Asking €249,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €208,734 (€3,211/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €208,734, adjusted for condition and micro-location, gives a modelled fair value of €262,067 (€4,032/m²), a €13,067 (5.0%) gap versus the €249,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · d05a43 | Subject | €249,000 | €3,831 | — | 75 | 70 |
| estrada de Santa Eulália | Active | €265,000 | €4,077 | 6.4% | 78 | 69 |
| Albufeira e Olhos de Água · 99f39d | Active | €318,000 | €4,077 | 6.4% | 70 | 71 |
| Albufeira e Olhos de Água · 3df4fd | Active | €290,000 | €3,973 | 3.7% | 68 | 78 |
| Albufeira e Olhos de Água · 82c66e | Active | €345,000 | €4,157 | 8.5% | 85 | 79 |
| Median comp | €304,000 | €4,077 | 6.4% | 74 | 75 |
Short-term vacation rental The property’s location in tourist-heavy Albufeira positions it well for short-term vacation rentals, attracting seasonal visitors seeking accommodations. However, at a fair value of €262,067, the pricing suggests it may not present the best opportunity for maximizing returns given the competitive rental market. Long-term rental The 5% gross yield is reasonable for a long-term rental strategy, indicating consistent income potential amidst seasonal fluctuations in tourism. Nevertheless, the €249,000 listing, being at fair value, may limit upside profit in a market where rental prices could soften during off-peak seasons. Buy-and-hold With the property situated in a desirable location and a 79/100 condition rating, holding for appreciation may be a sound long-term investment. The asking price of €249,000, reflecting fair value, suggests cautious optimism for future equity growth, albeit no immediate discounts are available in the current market landscape.
Economic Vulnerability The property may face challenges due to a moderate economic stability score of 65, indicating potential susceptibility to economic downturns affecting 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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