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 60 m². Located on caminho Vale da Azinheira, 26G, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment offers exclusive access to a prestigious condominium with well-maintained gardens, a tennis court, and proximity to the tranquil Olhos de Água Beach just 500m away.
The valuation. The asking price of €345,000 is slightly above the fair value of €332,667, representing a difference of €12,333 (3.7%). Verdict: fair. Buy-to-flip angle. The buy-to-flip strategy focuses on enhancing the property’s appeal for a quick resale in the tourist-rich area, leveraging its good condition and custom features to attract buyers. Buy-to-let angle. The buy-to-let approach aims at generating steady rental income, estimated at €862 per month, which yields approximately 3% annually, making it a viable long-term investment.
Fair value modelled at €332,667 from 6 comparable sales in the area. Asking €345,000 sits €12,333 (3.7%) above — overpriced versus fair value.
Asking €345,000 versus the caminho Vale da Azinheira, 26G area baseline of €295,603 (€4,927/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €295,603, adjusted for condition and micro-location, gives a modelled fair value of €332,667 (€5,544/m²), a €12,333 (3.7%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| caminho Vale da Azinheira, 26G | Subject | €345,000 | €5,750 | — | 70 | 61 |
| avenida Sá Carneiro | Active | €280,000 | €6,222 | 8.2% | 60 | 71 |
| Albufeira e Olhos de Água · dee639 | Active | €350,000 | €4,730 | 17.7% | 75 | 72 |
| Albufeira e Olhos de Água · 19f790 | Active | €375,000 | €6,466 | 12.4% | 70 | 63 |
| Albufeira e Olhos de Água · 1906a9 | Active | €365,000 | €4,867 | 15.4% | 72 | 68 |
| Median comp | €357,500 | €5,545 | 3.6% | 71 | 70 |
Long-term rental This 1-bed apartment, with a gross yield of 3%, provides stable income potential, but the rental yield is relatively low compared to market expectations. Additionally, the neighbourhood rating of 61 suggests moderate tenant quality, which may affect long-term rental demand. Short-term vacation rental Positioned in the tourist area of Albufeira, this property can cater to holidaymakers, yet the 3.7% gap from fair value indicates that pricing is in line with current market conditions. The moderate condition rating of 72 out of 100 may require some investments to enhance appeal and maximize rental performance. Buy-and-hold While the property is reasonably priced at €345,000 against a fair value of €332,667, long-term appreciation potential may be limited given the current economic backdrop and moderate neighbourhood score. Purchasing this apartment would not offer immediate advantages for future resale based on the current valuation metrics. Not ideal for: Student housing, Luxury market
Economic Volatility Risk The combination of an economic stability score of 65/100 and a tenant stability score of 50/100 suggests potential instability in cash flow due to fluctuations in both the local economy and tenant retention rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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