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 71 m² on the 3rd floor, energy rating D. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment features a cozy balcony perfect for morning coffee, and is situated within a well-organized condominium with meticulously maintained common areas.
The valuation. The asking price of €290,000 sits slightly above the fair value of €289,462 by €538 (0.2%). The property is considered fairly priced according to market analysis.
Fair value modelled at €289,462 from 5 comparable sales in the area. Asking €290,000 sits €538 (0.2%) above — overpriced versus fair value.
Asking €290,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €236,419 (€3,330/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €236,419, adjusted for condition and micro-location, gives a modelled fair value of €289,462 (€4,077/m²), a €538 (0.2%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 834209 | Subject | €290,000 | €4,085 | — | 75 | 73 |
| Albufeira e Olhos de Água · ba58bd | Active | €202,500 | €3,616 | 11.5% | 74 | 65 |
| Albufeira e Olhos de Água · 6ebb28 | Active | €265,000 | €3,897 | 4.6% | 75 | 63 |
| rua Vitorino Nemésio, 128 | Active | €239,000 | €4,780 | 17.0% | 75 | 73 |
| estrada de Santa Eulália | Active | €265,000 | €4,077 | 0.2% | 78 | 69 |
| Median comp | €252,000 | €3,987 | 2.4% | 75 | 67 |
Short-term vacation rental This property is well-positioned within the Algarve tourist region, making it an appealing option for investors seeking to capitalize on the high demand for holiday rentals. With a gross yield of 3.9%, the property's potential aligns with prevailing market conditions, but it remains priced fairly at €290,000. Long-term rental The apartment's location in a popular tourist area ensures stable long-term rental demand, appealing to professionals and residents who prefer the vibrant neighborhood. Given the fair valuation at €290,000 and a gross yield of 3.9%, this investment should provide consistent cash flow without excessive risk. Family rental With the family-friendliness of the surrounding neighborhood and adequate amenities, this property is suitable for families seeking long-term housing in a well-rated area. While it is priced fairly at €290,000, the yield of 3.9% reflects a stable return, matching the expectations for family rentals in Albufeira.
Economic Fluctuation Risk The economic stability score of 65/100 indicates potential vulnerabilities to market downturns, which could affect tenant demand and rental income stability.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
