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 78 m², built in 2008, energy rating B. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The apartment is part of a gated private condominium, providing enhanced security and amenities, and it features a private pool ideal for relaxation and entertainment. Location: Just a 7-minute walk to the beach and 5 minutes from local restaurants and shops, it offers a vibrant, convenient lifestyle. Investment Appeal: Ideal for personal residence or lucrative tourist rental opportunities. Verdict: FAIR
The valuation. The asking price of €369,000 is just below the fair value of €370,995, making it effectively a fair deal at €1,995 (0.5%) under the estimated market value. Buy-to-flip angle. A buy-to-flip strategy may focus on cosmetic upgrades to enhance the property’s appeal, targeting a resale at an anticipated price above €400,000. Buy-to-let angle. For a rental income strategy, the estimated gross yield of 3.7%, or approximately €1,138 per month, positions this apartment well for consistent, reliable cash flow in the tourist-friendly Algarve region.
Fair value modelled at €370,995 from 6 comparable sales in the area. Asking €369,000 sits €1,995 (0.5%) below — the upside to fair value.
Asking €369,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €312,351 (€4,005/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €312,351, adjusted for condition and micro-location, gives a modelled fair value of €370,995 (€4,756/m²), a €1,995 (0.5%) gap versus the €369,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 19074c | Subject | €369,000 | €4,731 | — | 75 | 72 |
| rua dos Ibíscos | Active | €390,000 | €4,875 | 3.0% | 80 | 73 |
| Albufeira e Olhos de Água · 49b926 | Active | €420,000 | €6,364 | 34.5% | 76 | 72 |
| rua José Fontana | Active | €395,000 | €4,593 | 2.9% | 75 | 70 |
| avenida Sá Carneiro | Active | €290,000 | €4,462 | 5.7% | 74 | 64 |
| Median comp | €392,500 | €4,734 | 0.1% | 76 | 71 |
Short-term vacation rental The property is positioned within a desirable tourist area in the Algarve, aligning with its 3.7% gross yield potential, which is reflective of steady rental demand. However, given its fair valuation and narrowly defined yield, it may face challenges in outperforming the market significantly. Long-term rental With a fair value assessment and conditions that yield a reasonable return, this property offers stable cash flow opportunities in Albufeira's rental market. The moderate valuation suggests that while it meets baseline expectations, investors should not anticipate significant appreciation in the shorter term. Buy-and-hold As a buy-and-hold investment, this property provides a solid yield in an area where the long-term rental market is expected to perform steadily. However, its fair valuation indicates that potential for substantial capital growth may be limited, positioning it as a more conservative investment choice. Not ideal for student housing This property does not fit the criteria for student housing given the demographic focus and market demands in the area. The characteristics of the neighborhood are more conducive to families and vacationers, diminishing its appeal for the student rental market. Not ideal for luxury market This property is not aligned with the luxury market segment, as its valuation and neighborhood ratings indicate a more accessible offering. Targeting high-end clientele may yield incongruence with the local demand and property attributes.
Economic vulnerability The economic stability score of 65/100 indicates a moderate risk where fluctuations in the local economy could affect rental income and property values adversely.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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