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 95 m², built in 2003, energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This penthouse features a south-facing terrace with panoramic views of the Atlantic Ocean, enhancing outdoor living and providing a serene space for relaxation.
The valuation. The asking price of €845,000 significantly exceeds the fair value of €478,376 by €366,624 (76.6%). This property is notably overpriced based on these valuation metrics.
Fair value modelled at €478,376 from 6 comparable sales in the area. Asking €845,000 sits €366,624 (76.6%) above — overpriced versus fair value.
Asking €845,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €383,079 (€4,032/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €383,079, adjusted for condition and micro-location, gives a modelled fair value of €478,376 (€5,036/m²), a €366,624 (76.6%) gap versus the €845,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 834106 | Subject | €845,000 | €8,895 | — | 82 | 80 |
| Albufeira e Olhos de Água · a8ed61 | Active | €689,000 | €4,719 | 46.9% | 82 | 68 |
| estrada de Santa Eulália, 3 | Active | €265,000 | €5,196 | 41.6% | 75 | 63 |
| rua Samora Barros | Active | €350,000 | €7,609 | 14.5% | 85 | 76 |
| Albufeira e Olhos de Água · ab70c7 | Active | €365,000 | €4,867 | 45.3% | 70 | 72 |
| Median comp | €357,500 | €5,032 | 43.4% | 79 | 70 |
Short-term vacation rental The property's price significantly exceeds its fair value by 76.6%, suggesting it is overpriced for potential vacation rental investors. While the location in Albufeira e Olhos de Água draws tourists, the high purchasing cost limits achievable rental yields, currently at only 1.6% gross. Long-term rental With a fair value of €478,376, this property's asking price of €845,000 implies a substantial overvaluation, impacting its viability as a long-term rental investment. Given the declining gross yield of 1.6%, landlords may struggle to generate significant cash flow in this market. Family rental Although the property is situated in a desirable neighborhood with good amenities, its significant price gap of 76.6% against fair value indicates it is overpriced for family rental purposes. The relatively low yield of 1.6% further complicates the attractiveness of this investment strategy, given the associated financial risks. Not ideal for: Student housing, Industrial investment, Rural buy
Economic Volatility Risk The economic stability score of 70/100 suggests potential fluctuations in local economic conditions, which may impact property value and rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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