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: This apartment includes a cozy fireplace in the living area, enhancing the modern design and providing a warm ambiance during cooler months.
The valuation. The asking price of €369,000 is slightly below the fair value of €380,250, indicating a difference of €11,250 (3.0%). Overall, this property is priced fairly, making it a sound option for potential investors.
Fair value modelled at €380,250 from 5 comparable sales in the area. Asking €369,000 sits €11,250 (3.0%) below — the upside to fair value.
Asking €369,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €321,541 (€4,122/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 €321,541, adjusted for condition and micro-location, gives a modelled fair value of €380,250 (€4,875/m²), a €11,250 (3.0%) gap versus the €369,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 3d9a76 | Subject | €369,000 | €4,731 | — | 80 | 73 |
| 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 |
| rua das Alfarrobeiras, 158 | Active | €385,000 | €4,936 | 4.3% | 75 | 66 |
| Median comp | €392,500 | €4,906 | 3.7% | 76 | 71 |
Short-term vacation rental The 2-bed apartment in Albufeira e Olhos de Água is a fair investment for short-term vacation rental due to its strong tourist demand and stable employment linked to tourism. With a gross yield of 3.3% and an appealing neighborhood rating of 73/100, it presents a solid opportunity in the competitive rental market. Buy-and-hold Given the fair valuation of €369,000 against a fair value of €380,250, this property can serve as a reliable buy-and-hold investment, benefiting from the continued strength of the local housing market bolstered by tourism. The 3.3% yield combined with favorable economic indicators suggests potential for long-term appreciation and steady cash flow. Family rental The apartment's condition score of 78/100 and its suitable neighborhood rating make it a viable option for family rentals in a region known for its lower crime rates and good amenities. While it does not represent a significant discount, it is reasonably positioned for families seeking a comfortable living environment in a thriving area.
Economic vulnerability With an economic stability score of 65/100, there is a heightened risk of economic fluctuations that could impact property values and tenant demand.
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