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 99 m² on the 1st floor, built in 2003, energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This property includes a charming balcony perfect for soaking up the Algarve sun, and is sold fully equipped, enabling immediate occupancy or rental potential.
The valuation. The asking price of €405,000 is only 1.8% below the fair value of €412,500, indicating that the property is fairly valued and presents a reasonable entry point for potential investors. Buy-to-flip angle. With a gross yield of 2.5% and a listing in a tourist-heavy market, a buy-to-flip strategy could capitalize on upcoming seasons, potentially attracting higher resale values as demand spikes. Buy-to-let angle. The property could generate an estimated monthly rental income of €844, aligning with a buy-and-hold approach, particularly in a region heavily reliant on the tourism industry for short-term rentals.
Fair value modelled at €412,500 from 5 comparable sales in the area. Asking €405,000 sits €7,500 (1.8%) below — the upside to fair value.
Asking €405,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €337,704 (€3,411/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €337,704, adjusted for condition and micro-location, gives a modelled fair value of €412,500 (€4,167/m²), a €7,500 (1.8%) gap versus the €405,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 834304 | Subject | €405,000 | €4,091 | — | 75 | 63 |
| Albufeira e Olhos de Água · 4a4398 | Active | €210,000 | €3,818 | 6.7% | 75 | 70 |
| Albufeira e Olhos de Água · 4a7d65 | Active | €260,000 | €4,727 | 15.6% | 72 | 75 |
| rua das Telecomunicações, 25 | Active | €465,000 | €4,346 | 6.2% | 76 | 73 |
| Albufeira e Olhos de Água · 3d99b5 | Active | €290,000 | €4,085 | 0.2% | 72 | 68 |
| Median comp | €275,000 | €4,216 | 3.0% | 74 | 72 |
Short-term vacation rental The property in Albufeira e Olhos de Água, while located in a popular tourist area, has a yield of only 2.5%, indicating that its income potential is relatively low for a short-term rental investment. Additionally, with a fair value of €412,500, the listing price of €405,000 suggests that it's fairly priced but does not present an attractive opportunity to capitalize on seasonal tourism demands. Buy-and-hold Holding this 1-bed apartment in Albufeira e Olhos de Água could provide stable returns; however, its gross yield of 2.5% may not generate significant appreciation over time. Given its fair pricing at €405,000 compared to the fair value of €412,500, potential investors may find limited upside in long-term gain strategies. Value-add renovation Investing in value-add renovations for this property could enhance its marketability, yet the current fair valuation at €412,500 may limit the overall investment return potential. The apartment's condition score of 78/100 suggests modest improvements could elevate its appeal, yet such initiatives might only align with its fair pricing, not necessarily yield substantial profit margins.
Economic vulnerability With an economic stability score of 50/100, there is a significant risk of economic downturns affecting the property value 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
