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 107 m² on the 1st floor, built in 1990, energy rating C. Located on estrada de Albufeira, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment boasts three exclusive private terraces with optimal sun exposure, enhancing its outdoor living experience and providing stunning views of the pool and gardens.
The valuation. The asking price of €360,000 is €43,386 (10.8%) below the fair value of €403,386, making this property a solid opportunity for investment considering its fair market positioning.
Fair value modelled at €355,135 from 6 comparable sales in the area. Asking €345,000 sits €10,135 (2.9%) below — the upside to fair value.
Asking €345,000 versus the alameda Ativa area baseline of €293,046 (€2,713/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 is below the parish average, reducing 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 €293,046, adjusted for condition and micro-location, gives a modelled fair value of €355,135 (€3,288/m²), a €10,135 (2.9%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| alameda Ativa | Subject | €345,000 | €3,194 | — | 68 | 76 |
| Albufeira e Olhos de Água · a80811 | Active | €240,000 | €3,243 | 1.5% | 68 | 71 |
| Albufeira e Olhos de Água · 831570 | Active | €240,000 | €3,243 | 1.5% | 65 | 70 |
| rua da Igreja Nr | Active | €360,000 | €3,333 | 4.3% | 70 | 62 |
| Albufeira e Olhos de Água · a80367 | Active | €240,000 | €3,243 | 1.5% | 72 | 73 |
| Median comp | €240,000 | €3,243 | 1.5% | 69 | 71 |
Short-term vacation rental Given the rising demand for short-term vacation rentals in the Algarve, this 1-bedroom apartment is well-positioned to attract tourists, enhancing its rental income potential. The property’s fair value being 10.8% above the listing price indicates it is subvalued within a thriving tourism economy. Long-term rental With a solid gross yield of 3.2% and a favorable condition score of 78/100, this apartment is likely to appeal to long-term tenants looking for quality accommodation in a sought-after neighborhood. The positive economic indicators and local amenities strengthen the property’s desirability for sustained rental income. Buy-and-hold Investing in this apartment as a buy-and-hold strategy aligns well with the stable growth forecast for the Albufeira housing market, driven by both tourism and expat demand. The combination of a fair price and a neighborhood score of 76/100 underlines its potential for long-term appreciation. Not ideal for: Student housing, Industrial investments, Commercial high-rise The characteristics of this property do not support its suitability for student housing or industrial investments, which generally require different property specifications and locations. Furthermore, the apartment's layout and zoning make it less appropriate for commercial high-rise developments.
Economic downturn risk A decline in economic stability from 75/100 could negatively impact tenant retention and rental income.
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
