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.
3-bedroom, 1-bathroom apartment of 157 m², built in 1998. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment includes a dedicated parking space and a private balcony with views, enhancing urban living convenience and outdoor enjoyment in a premium location.
The valuation. The asking price of €435,000 is significantly lower than the fair value of €510,151, indicating the property is underpriced by €75,151 (14.7%). This presents an excellent opportunity for investors to acquire an asset with intrinsic value.
Fair value modelled at €510,151 from 6 comparable sales in the area. Asking €435,000 sits €75,151 (14.7%) below — the upside to fair value.
Asking €435,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €361,621 (€2,303/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 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 €361,621, adjusted for condition and micro-location, gives a modelled fair value of €510,151 (€3,249/m²), a €75,151 (14.7%) gap versus the €435,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 8341ce | Subject | €435,000 | €2,771 | — | 80 | 73 |
| rua do Mediterrâneo | Active | €349,000 | €3,324 | 20.0% | 76 | 71 |
| avenida da Liberdade, 5 | Active | €525,000 | €3,201 | 15.5% | 72 | 73 |
| Albufeira e Olhos de Água · 65a7e8 | Active | €395,000 | €3,527 | 27.3% | 80 | 71 |
| estrada de Vale de Pedras, 101 | Active | €365,000 | €2,992 | 8.0% | 72 | 71 |
| Median comp | €380,000 | €3,263 | 17.7% | 74 | 71 |
Short-term vacation rental The property’s location in Algarve capitalizes on the strong tourism influence, making it an ideal candidate for short-term vacation rental opportunities. With a gross yield of 4.9% and a fair value suggesting it is underpriced by 14.7%, this investment promises substantial returns in a thriving market. Long-term rental Given the favorable neighborhood score of 73/100 and the overall condition rating of 83/100, this property is well-positioned for long-term rental demand. The fair value indicates that the asking price is underpriced, offering a good opportunity for steady rental income. Buy-and-hold Investing in this property for a buy-and-hold strategy could be advantageous due to its location in a safe, tourist-friendly area coupled with an appealing gross yield of 4.9%. The significant gap to fair value illustrates that it is currently underpriced, making it a sound addition to a long-term investment portfolio.
Economic vulnerability The property has an economic stability score of 70/100, indicating potential fluctuations in the local economy that could affect rental income. Tenant turnover risk With a tenant stability score of 65/100, high turnover rates may lead to inconsistent rental income and increased management costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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