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, 2-bathroom apartment of 101 m² on the 1st floor, built in 2020, energy rating A. Located on rua do Movimento das Forças Armadas, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment features a rooftop heated common pool and an exterior gym, enhancing the lifestyle potential for residents looking to enjoy both relaxation and fitness.
The valuation. The asking price of €690,000 is significantly above the fair value of €484,929, indicating it is overpriced by €205,071 (42.3%). This suggests potential investors should exercise caution in consideration of this listing.
Fair value modelled at €484,929 from 6 comparable sales in the area. Asking €690,000 sits €205,071 (42.3%) above — overpriced versus fair value.
Asking €690,000 versus the rua do Movimento das Forças Armadas area baseline of €380,840 (€3,771/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €380,840, adjusted for condition and micro-location, gives a modelled fair value of €484,929 (€4,801/m²), a €205,071 (42.3%) gap versus the €690,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Movimento das Forças Armadas | Subject | €690,000 | €6,832 | — | 86 | 74 |
| caminho do Raposo S / N | Active | €895,000 | €5,144 | 24.7% | 85 | 80 |
| Albufeira e Olhos de Água · b32a1d | Active | €1,750,000 | €11,986 | 75.5% | 90 | 80 |
| Albufeira e Olhos de Água · 9567b4 | Active | €350,000 | €4,667 | 31.7% | 80 | 76 |
| rua das Alfarrobeiras, 158 | Active | €385,000 | €4,936 | 27.7% | 75 | 66 |
| Median comp | €640,000 | €5,040 | 26.2% | 83 | 78 |
Long-term rental The property’s gross yield of 2% indicates that it is not positioned for strong rental returns in the long-term rental market, making it a less attractive investment. At a listing price of €690,000, which is 42.3% above its fair value of €484,929, this property is overpriced for sustained rental income potential. Short-term vacation rental The expected demand in the Algarve tourist zone could create some short-term rental opportunities; however, the high listing price significantly impacts profitability. With the property priced 42.3% above its fair value, it is overpriced, mitigating the likelihood of achieving positive cash flows from vacation rentals. Buy-and-hold While the location benefits from tourist appeal, the high acquisition cost at €690,000 creates a substantial barrier to favorable long-term growth. Being 42.3% overpriced against the fair value reduces the investment's potential for appreciation over time, suggesting it is not an ideal buy-and-hold candidate.
Economic Vulnerability The Economic stability score of 65/100 indicates a moderate risk of economic downturns affecting property value and rental income.
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