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 86 m² on the 3rd floor, energy rating B. Located on rua Manuel Teixeira Gomes, 11, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. The apartment features a spacious south-facing balcony overlooking the pool, maximizing sunlight and providing a serene outdoor space ideal for relaxation.
The valuation. The asking price of €270,000 is slightly below the fair value of €276,306, indicating a difference of €6,306 (2.3%). This property is considered to be fairly priced in relation to its market value. Buy-to-flip angle. A short-term vacation rental strategy could yield significant returns during peak tourist seasons, leveraging the demand in the Algarve region. A minor renovation could enhance appeal and resale value. Buy-to-let angle. The estimated rental income of €945/month provides a gross yield of 4.2%, making it a solid investment for a buy-and-hold strategy. Its location supports consistent rental demand, particularly from tourists.
Fair value modelled at €276,306 from 6 comparable sales in the area. Asking €270,000 sits €6,306 (2.3%) below — the upside to fair value.
Asking €270,000 versus the rua Manuel Teixeira Gomes, 11 area baseline of €245,034 (€2,849/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 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 €245,034, adjusted for condition and micro-location, gives a modelled fair value of €276,306 (€3,213/m²), a €6,306 (2.3%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Manuel Teixeira Gomes, 11 | Subject | €270,000 | €3,140 | — | 70 | 68 |
| rua do Município, 18 | Active | €201,500 | €2,290 | 27.1% | 62 | 76 |
| rua do Município | Active | €150,000 | €2,206 | 29.7% | 60 | 73 |
| avenida Sá Carneiro | Active | €157,000 | €4,243 | 35.2% | — | 62 |
| Albufeira e Olhos de Água · 96c71d | Active | €195,000 | €3,362 | 7.1% | 62 | 72 |
| Median comp | €176,000 | €2,826 | 10.0% | 62 | 73 |
Short-term vacation rental The property is well-positioned for short-term vacation rentals given its location in a tourist-heavy area, though with a modest gross yield of 4.2%. Its fair value suggests that investment returns may be limited by the high property price relative to potential rental income. Buy-and-hold Holding this property for the long term may provide some benefits, but its yield is modest at 4.2%, and the fair value indicates limited room for capital appreciation. The neighborhood's seasonal tourist appeal could lead to fluctuations in occupancy rates, further complicating long-term returns. Value-add renovation While the property is in decent condition with a score of 65/100, renovations could enhance its value and rental appeal, particularly in a tourist prime location. However, with the current listing price near fair value, the return on investment from renovations must be carefully analyzed to avoid overextending financially.
Economic vulnerability A score of 65 in economic stability suggests that local market fluctuations may lead to uncertain rental income and tenant turnover risks due to economic pressures. Tenant turnover risk With a tenant stability score of 65, there is a significant probability of tenant turnover impacting cash flow, as this indicates a moderately unstable rental environment.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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