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 62 m² on the 1st floor, built in 1988, energy rating D. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment’s terrace offers a picturesque sea view and an unobstructed sight of the landscaped condominium pool, enhancing outdoor living in a prime coastal location.
The valuation. The asking price of €245,000 sits €11,457 (4.5%) below the fair value of €256,457. This indicates the property is fairly priced, making it a reasonable opportunity for investment.
Fair value modelled at €256,457 from 6 comparable sales in the area. Asking €245,000 sits €11,457 (4.5%) below — the upside to fair value.
Asking €245,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €233,756 (€3,770/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €233,756, adjusted for condition and micro-location, gives a modelled fair value of €256,457 (€4,136/m²), a €11,457 (4.5%) gap versus the €245,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 190976 | Subject | €245,000 | €3,952 | — | 65 | 73 |
| rua Cesário Verde, 416B | Active | €285,000 | €4,191 | 6.1% | 75 | 71 |
| Albufeira e Olhos de Água · 622996 | Active | €200,000 | €4,082 | 3.3% | 50 | 74 |
| Albufeira e Olhos de Água · 93850f | Active | €240,000 | €3,333 | 15.6% | 64 | 81 |
| Albufeira e Olhos de Água · 28b6bc | Active | €279,000 | €3,720 | 5.9% | 72 | 70 |
| Median comp | €259,500 | €3,901 | 1.3% | 68 | 73 |
Short-term vacation rental The property is located in a tourist-influenced area of Albufeira, offering a gross yield of 4.7%, which aligns well with seasonal demand. However, as the apartment is fairly priced at €245,000 compared to the fair value of €256,457, it may not provide significant upside for short-term vacation rental investors looking for undervalued properties. Buy-and-hold With a gross yield of 4.7% and a fair value status, this property can generate steady income over time while being relatively safe in a low crime coastal region. However, the slight 4.5% gap from fair value suggests investors are not getting a strong deal for long-term appreciation potential. Long-term rental The property is situated in a neighborhood with a decent tenant quality rating of 73/100, making it suitable for long-term rental opportunities. Yet, since it is priced fairly at €245,000 versus the fair value of €256,457, it does not present a unique advantage for rental investors seeking a bargain in the current market.
[Economic Vulnerability] With an economic stability score of 65/100, there may be potential volatility in local economic conditions that could impact property value and 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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