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 102 m², built in 1996, energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The apartment includes a remarkable 43 m² private terrace, perfect for outdoor dining and leisure, and is within walking distance to Albufeira's iconic beaches and amenities.
The valuation. The asking price of €255,000 is €21,613 (7.8%) below the fair value of €276,613, positioning the property as a fair investment opportunity relative to its potential market worth. Buy-to-flip angle. With strategic renovations to the basic but functional finishes, a buy-to-flip approach could enhance the apartment's appeal, enabling a profitable resale in a suitable market. Buy-to-let angle. Targeting long-term rentals with an estimated gross yield of 5.7% (~€1,211/month), the proximity to the Algarve coast makes this property attractive for steady rental income.
Fair value modelled at €276,613 from 6 comparable sales in the area. Asking €255,000 sits €21,613 (7.8%) below — the upside to fair value.
Asking €255,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €271,635 (€2,663/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 54/100 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 €271,635, adjusted for condition and micro-location, gives a modelled fair value of €276,613 (€2,712/m²), a €21,613 (7.8%) gap versus the €255,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 1907c6 | Subject | €255,000 | €2,500 | — | 55 | 69 |
| rua do Município, 18 | Active | €249,000 | €2,830 | 13.2% | — | 64 |
| rua Vasco Santana S / N | Active | €235,000 | €2,640 | 5.6% | 52 | 77 |
| Albufeira e Olhos de Água · 82c798 | Active | €265,000 | €2,704 | 8.2% | 48 | 66 |
| Albufeira e Olhos de Água · 09000a | Active | €160,000 | €2,807 | 12.3% | 55 | 71 |
| Median comp | €242,000 | €2,756 | 10.2% | 52 | 69 |
Long-term rental This property presents a gross yield of 5.7%, which is reasonable for a 1-bed apartment in Albufeira, particularly considering its fair value status. However, the condition rating of 54 suggests that potential maintenance costs could impact long-term profitability. Vacation rental The proximity to the Algarve coast enhances the appeal of this apartment for vacation rentals, yet the 7.8% gap from fair value reflects a modest premium that could limit immediate upside. Additionally, the seasonal nature of tourism in Albufeira may affect occupancy rates throughout the year. Buy-and-hold With fair pricing relative to the assessed value, this property may serve as a stable buy-and-hold investment, benefiting from the local tourism market over time. The neighbourhood rating of 69 indicates a decent environment, but ongoing monitoring of its condition will be necessary to maintain value appreciation.
Moderate Economic Risk The property's economic stability score of 60/100 indicates a moderate level of risk, which could affect long-term tenant retention and rental income stability.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
