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 on the 1st floor, energy rating D. Located on rua da Oura, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment’s unique benefit includes the last position in the block, allowing the use of the exterior corridor as an additional balcony for enhanced privacy and space.
The valuation. The asking price of €275,000 sits 4.0% above the fair value of €264,472, indicating that the property is reasonably priced in the current market landscape.
Fair value modelled at €264,472 from 6 comparable sales in the area. Asking €275,000 sits €10,528 (4.0%) above — overpriced versus fair value.
Asking €275,000 versus the rua da Oura area baseline of €229,142 (€3,525/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €229,142, adjusted for condition and micro-location, gives a modelled fair value of €264,472 (€4,069/m²), a €10,528 (4.0%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Oura | Subject | €275,000 | €4,231 | — | 75 | 72 |
| beco José Ramos Pimenta S / N | Active | €188,000 | €4,087 | 3.4% | 82 | 62 |
| Albufeira e Olhos de Água · 001626 | Active | €270,000 | €4,909 | 16.0% | 68 | 74 |
| urbanização Quinta da Bolota | Active | €320,000 | €4,051 | 4.3% | 75 | 75 |
| Albufeira e Olhos de Água · 225b4f | Active | €235,000 | €3,176 | 24.9% | 68 | 84 |
| Median comp | €252,500 | €4,069 | 3.8% | 72 | 75 |
Short-term vacation rental Given the high tourism influence in Albufeira e Olhos de Água, this property presents a solid opportunity for short-term vacation rentals, aligning with seasonal tourism demand. However, with a yield of 3.9% and a gap to fair value of 4.0%, the investment is appropriately priced rather than a compelling bargain. Buy-and-hold Holding this property for the long term could yield steady returns, especially considering its fair value positioning and the location's reliance on tourism. The current rental yield of 3.9% indicates a stable, if unspectacular, return, suggesting it is fairly priced in the market. Family rental This 1-bed apartment can appeal to families seeking a vacation home in a tourist-heavy area, but the high tourist dynamics could limit year-round rental potential. With a fair value judgment and a yield of 3.9%, the pricing reflects the apartment's moderate investment appeal rather than an undervalued asset.
Economic vulnerability The economic stability score of 65/100 indicates a potential risk of economic downturns that could affect tenant income and occupancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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