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, 2-bathroom apartment of 146 m², built in 2008, energy rating B. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Property Highlights: This apartment features an expansive terrace with stunning golf course views and direct garden access, enhancing outdoor living and relaxation opportunities.
The valuation. The asking price of €1,200,000 is significantly above the fair value of €735,809, resulting in an overpricing of €464,191 (63.1%). This valuation suggests that investment at this price point lacks a strong economic rationale.
Fair value modelled at €735,809 from 6 comparable sales in the area. Asking €1,200,000 sits €464,191 (63.1%) above — overpriced versus fair value.
Asking €1,200,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €617,217 (€4,228/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 €617,217, adjusted for condition and micro-location, gives a modelled fair value of €735,809 (€5,040/m²), a €464,191 (63.1%) gap versus the €1,200,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 627346 | Subject | €1,200,000 | €8,219 | — | 75 | 73 |
| rua dos Ibíscos | Active | €390,000 | €4,875 | 40.7% | 80 | 73 |
| rua do Movimento das Forças Armadas | Active | €690,000 | €6,832 | 16.9% | 86 | 74 |
| Albufeira e Olhos de Água · 3d9a76 | Active | €369,000 | €4,731 | 42.4% | 80 | 73 |
| Albufeira e Olhos de Água · b32a1d | Active | €1,750,000 | €11,986 | 45.8% | 90 | 80 |
| Median comp | €540,000 | €5,854 | 28.8% | 83 | 74 |
Long-term rental The property’s current listing of €1,200,000 exceeds the fair value of €735,809 by 63.1%, making it a poor candidate for long-term rental. With a low gross yield of just 1.5%, the investment is unlikely to meet income expectations over time. Short-term vacation rental At €1,200,000, the property is significantly overpriced compared to its fair value of €735,809, resulting in limited potential for a profitable short-term vacation rental strategy. The lower condition score of 78/100 also raises concerns about its ability to attract guests at this price point. Buy-and-hold With a listing price of €1,200,000, this property does not present a feasible buy-and-hold opportunity, given that it is 63.1% above its fair value of €735,809. The low gross yield of 1.5% further suggests that holding this investment will not provide adequate returns over the long term.
Economic Vulnerability The economic stability score of 65/100 indicates potential fluctuations in the local market that could impact long-term investment returns negatively. Tenant Instability Despite a tenant stability score of 75/100, which suggests relatively stable tenants, a combination of economic factors could still lead to increased vacancies or turnover, affecting overall 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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