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 73 m², built in 2022, energy rating B. Located Ferreiras parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment boasts a large balcony with a built-in barbecue area, perfect for entertaining while enjoying views of the landscaped common areas.
The valuation. The asking price of €350,000 is €11,761 (3.5%) above the fair value of €338,239. As such, the property is priced fairly based on current market conditions.
Fair value modelled at €338,239 from 6 comparable sales in the area. Asking €350,000 sits €11,761 (3.5%) above — overpriced versus fair value.
Asking €350,000 versus the Ferreiras, Albufeira, Faro area baseline of €290,589 (€3,981/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €290,589, adjusted for condition and micro-location, gives a modelled fair value of €338,239 (€4,633/m²), a €11,761 (3.5%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ferreiras · 15e1b7 | Subject | €350,000 | €4,795 | — | 78 | 65 |
| Albufeira e Olhos de Água · 9388cf | Active | €320,000 | €4,638 | 3.3% | 80 | 77 |
| Albufeira e Olhos de Água · 9567b4 | Active | €350,000 | €4,667 | 2.7% | 80 | 76 |
| Ferreiras · dc14bd | Active | €320,000 | €3,765 | 21.5% | 70 | 76 |
| Albufeira e Olhos de Água · 1e6357 | Active | €699,000 | €4,629 | 3.4% | 78 | 70 |
| Median comp | €335,000 | €4,634 | 3.4% | 79 | 76 |
Short-term vacation rental Given the seasonal nature of Albufeira's tourism, this 2-bed apartment may generate inconsistent rental income, reflecting its 0% gross yield. With a fair value gap of only 3.5%, investors must carefully assess potential returns during peak seasons against the likelihood of vacancy during off-peak periods. Long-term rental The property may attract long-term tenants; however, the 0% gross yield indicates limited immediate profitability, particularly in a location dependent on tourism for economic stability. The neighborhood's rating of 65/100 suggests a decent but not optimal environment to secure reliable long-term tenants. Buy-and-hold With a fair value assessment indicating the property is priced at €350,000, long-term investors might find limited appreciation potential given the 3.5% gap from fair value. The overall condition rating of 80/100 suggests that while the property is in good shape, the returns may not justify the price, especially in a market influenced heavily by tourism fluctuations.
Economic Vulnerability With an economic stability score of 55/100, there is a significant risk that economic fluctuations could negatively impact property values and rental demand.
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