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 69 m² on the 2nd floor, built in 2005, energy rating B. Located on rua Aldeamento Quinta Pedra dos Bicos, 1, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment is situated within a prestigious urbanization and includes a private parking space, enhancing its appeal as a holiday rental and personal retreat. Estimated Return: The property is projected to yield an annual gross return between 5% and 7% based on its sale price.
The valuation. The asking price of €320,000 is slightly below the fair value of €336,375, representing a difference of €16,375 (4.9%). Verdict: fair. Buy-to-flip angle. The strategy focuses on enhancing the property through minor renovations and staging, with the potential to resell at a profit in the thriving tourist market. Buy-to-let angle. With an estimated gross yield of 3.4% (~€907/month), this apartment represents a solid long-term investment option for short-term vacation rentals in a desirable coastal location.
Fair value modelled at €336,375 from 5 comparable sales in the area. Asking €320,000 sits €16,375 (4.9%) below — the upside to fair value.
Asking €320,000 versus the rua Aldeamento Quinta Pedra dos Bicos, 1 area baseline of €292,100 (€4,233/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €292,100, adjusted for condition and micro-location, gives a modelled fair value of €336,375 (€4,875/m²), a €16,375 (4.9%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Aldeamento Quinta Pedra dos Bicos, 1 | Subject | €320,000 | €4,638 | — | 76 | 71 |
| Albufeira e Olhos de Água · 9567b4 | Active | €350,000 | €4,667 | 0.6% | 80 | 76 |
| rua Joaquim Magalhães, 19 | Active | €370,000 | €5,068 | 9.3% | 70 | 71 |
| Albufeira e Olhos de Água · 19074c | Active | €369,000 | €4,731 | 2.0% | 75 | 72 |
| rua dos Ibíscos | Active | €390,000 | €4,875 | 5.1% | 80 | 73 |
| Median comp | €369,500 | €4,803 | 3.6% | 78 | 73 |
Short-term vacation rental The property presents a fair opportunity for short-term vacation rentals given its location in a popular tourist area in Albufeira, despite the 3.4% gross yield being relatively modest. However, with a fair valuation at €320,000 and a gap of only 4.9% from the fair value, investors should carefully assess operational costs against potential income. Buy-and-hold This property is situated in a coastal region with moderate urban development, making it a reasonable candidate for a buy-and-hold strategy as it has the potential for long-term appreciation. The fair valuation of €320,000 suggests stability in investment, yet the 3.4% yield indicates that returns may be uninspiring over time. Family rental While the apartment could attract families seeking short-term accommodation, the yield of 3.4% reflects a reality where returns may not fully meet investor expectations in a competitive rental market. Furthermore, with a fair pricing of €320,000, potential for growth in value remains moderate, urging careful consideration of rental strategy in this neighborhood.
Economic Vulnerability With an economic stability score of 65/100, there's a risk that local economic downturns could negatively impact rental demand and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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