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, 2-bathroom apartment of 55 m² on the 2nd floor, energy rating E. Located on rua Guerra Junqueiro, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy features: This apartment boasts a pleasant balcony with a relaxing sea view and comes with a private parking space and storage room for added convenience.
The valuation. The asking price of €340,000 is €34,894 (11.4%) above the fair value of €305,106, indicating that the property is overpriced. This disparity suggests a cautious approach for potential buyers.
Fair value modelled at €305,106 from 2 comparable sales in the area. Asking €340,000 sits €34,894 (11.4%) above — overpriced versus fair value.
Asking €340,000 versus the rua Guerra Junqueiro area baseline of €261,447 (€4,754/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €261,447, adjusted for condition and micro-location, gives a modelled fair value of €305,106 (€5,547/m²), a €34,894 (11.4%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Guerra Junqueiro | Subject | €340,000 | €6,182 | — | 82 | 67 |
| Albufeira e Olhos de Água · be946c | Active | €530,000 | €4,818 | 22.1% | 76 | 63 |
| avenida da Liberdade, 117 | Active | €295,000 | €6,277 | 1.5% | 80 | 63 |
| Median comp | €412,500 | €5,548 | 10.3% | 78 | 63 |
Short-term vacation rental Despite existing tourist demand in the Algarve, the property is overpriced by 11.4% compared to its fair value, limiting its potential for strong short-term rental returns. With a gross yield of 3.2%, it may struggle to attract vacation renters looking for value. Buy-and-hold The property’s listing price of €340,000 exceeds its fair value by 11.4%, making it less appealing for a buy-and-hold investment strategy. Given the current yield of 3.2% and moderate condition rating, its long-term investment potential is compromised. Value-add renovation Although renovation could improve the property’s condition and attractiveness, the current pricing reveals an 11.4% overvaluation that dampens immediate investment enthusiasm. A significant renovation could increase rental viability, but the inflated acquisition cost may impede achieving desired returns in the value-add strategy.
Economic vulnerability With an economic stability score of 60/100, the property may be at risk of lower demand and price fluctuations due to economic conditions. Tenant turnover risk Given the tenant stability score of 65/100, there is a moderate risk of tenant turnover, leading to potential vacancy periods and lost 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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