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 55 m² on the 1st floor, built in 1991, energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment includes a private balcony ideal for outdoor relaxation, and the complex boasts two outdoor pools and a heated indoor pool for year-round enjoyment.
The valuation. The asking price of €265,000 is just €2,896 (1.1%) below the fair value of €267,896, placing it effectively at the fair market value. This indicates a balanced pricing situation for prospective buyers. Buy-to-flip angle. This property might be suitable for a resale strategy, capitalizing on Albufeira's tourist demand by enhancing its appeal through targeted renovations. Quick updates could significantly improve its market value for a profitable flip. Buy-to-let angle. With an estimated rental income of €994 per month and a gross yield of 4.5%, the apartment is positioned favorably for long-term rental strategies. The strong tourism market in the Algarve supports consistent demand for rental properties.
Fair value modelled at €267,896 from 6 comparable sales in the area. Asking €265,000 sits €2,896 (1.1%) below — the upside to fair value.
Asking €265,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €233,876 (€4,252/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €233,876, adjusted for condition and micro-location, gives a modelled fair value of €267,896 (€4,871/m²), a €2,896 (1.1%) gap versus the €265,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 3d9889 | Subject | €265,000 | €4,818 | — | 70 | 76 |
| avenida Privilegiada de Albufeira | Active | €350,000 | €7,609 | 57.9% | 70 | 69 |
| Albufeira e Olhos de Água · 6a920d | Active | €385,000 | €5,203 | 8.0% | 70 | 73 |
| jardim A4 | Active | €234,000 | €4,875 | 1.2% | 82 | 73 |
| Albufeira e Olhos de Água · ab70c7 | Active | €365,000 | €4,867 | 1.0% | 70 | 72 |
| Median comp | €357,500 | €5,039 | 4.6% | 70 | 73 |
Short-term vacation rental This 1-bedroom apartment in Albufeira is well-positioned for short-term vacation rentals, given the region's strong tourism-driven economy. With a fair value of €267,896 and a current listing at €265,000, the rental yield of 4.5% indicates it can attract holidaymakers looking for quality accommodation. Long-term rental While the property returns a gross yield of 4.5% which is respectable for long-term rental, the current price of €265,000 is only marginally below the fair value, suggesting limited room for significant price appreciation. This makes it a steady option but with fewer dynamics for rental income growth. Buy-and-hold Holding onto this property can make sense due to its competitive performance metrics in a desirable coastal market, despite the minimal gap to fair value. However, as it's fairly priced at €265,000, potential investors should be prepared for stable, yet unexciting, returns in the short term. Not ideal for: This apartment is not suitable for student housing, industrial investment, or value-add renovations as its condition of 74/100 and the neighborhood rating of 76/100 indicates it is best utilized in a stable income strategy rather than a speculative approach.
Economic Dependence Risk The property has an economic stability score of 70/100, indicating a moderate risk of economic downturns affecting 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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