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 64 m², energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. The property features a generous balcony that serves as a tranquil outdoor extension of the living space, perfect for relaxation in a serene, gated community with a swimming pool.
The valuation. With an asking price of €295,000, this property sits €26,407 (8.2%) below its fair value of €321,407, reflecting a valuation that is fair. The pricing aligns well with current market conditions. Buy-to-flip angle. The strategy for resale focuses on high-demand renovations within the prime tourist zone, aiming for a markup based on location and seasonal interest. The expected return should be achieved within a relatively short time frame. Buy-to-let angle. This property can generate an estimated monthly rental income of €910, leading to a gross yield of 3.7%. Its appeal as a vacation rental in Algarve makes it ideal for consistent rental revenue throughout the year.
Fair value modelled at €321,407 from 6 comparable sales in the area. Asking €295,000 sits €26,407 (8.2%) below — the upside to fair value.
Asking €295,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €277,232 (€4,332/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €277,232, adjusted for condition and micro-location, gives a modelled fair value of €321,407 (€5,022/m²), a €26,407 (8.2%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 834203 | Subject | €295,000 | €4,609 | — | 72 | 74 |
| Albufeira e Olhos de Água · dee5ee | Active | €341,000 | €4,608 | 0% | 80 | 71 |
| caminho Vale da Azinheira, 26G | Active | €345,000 | €5,750 | 24.7% | 70 | 61 |
| Albufeira e Olhos de Água · a8edf6 | Active | €305,000 | €4,841 | 5.0% | 75 | 75 |
| Albufeira e Olhos de Água · 6a920d | Active | €385,000 | €5,203 | 12.9% | 70 | 73 |
| Median comp | €343,000 | €5,022 | 9.0% | 73 | 72 |
Short-term vacation rental This property, located in Algarve's prime tourist zone, has a gross yield of 3.7%, indicating that while demand for short-term rentals remains strong, the current pricing is in line with market valuations. Given its fair value of €321,407, investing in this apartment for vacation rentals may not provide sufficient upside potential due to its fair pricing. Buy-and-hold With a fair value assessment showing the property priced at €295,000, it aligns closely with market expectations but does not present significant room for appreciation over time. The 3.7% yield suggests stable income, but as the property is currently fairly valued, long-term investors may need to consider alternative opportunities for growth. Family rental As a family rental, this apartment offers adequate amenities within a well-rated neighborhood, supporting tenant quality and consistent demand. However, at its fair price of €295,000, the investment yield of 3.7% may not fully capitalize on potential rental demand, limiting the upside for property appreciation over time.
Moderate Economic Risk The economic stability score of 65/100 suggests potential fluctuations in the local economy, which could impact rental income and property value over time.
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