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.
2-bedroom, 1-bathroom apartment of 75 m² on the 1st floor, energy rating B. Located on rua do Atlântico, 28, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment features a prime location in Albufeira, just 500m from the beach and conveniently situated between City Hall and a shopping center, ensuring easy access to amenities.
The valuation. The asking price of €335,000 sits €16,317 (4.6%) below the fair value of €351,317, representing a fair financial assessment for potential buyers. This alignment makes the investment appear stable in terms of current market value.
Fair value modelled at €351,317 from 6 comparable sales in the area. Asking €335,000 sits €16,317 (4.6%) below — the upside to fair value.
Asking €335,000 versus the rua do Atlântico, 28 area baseline of €294,605 (€3,928/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 €294,605, adjusted for condition and micro-location, gives a modelled fair value of €351,317 (€4,684/m²), a €16,317 (4.6%) gap versus the €335,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Atlântico, 28 | Subject | €335,000 | €4,467 | — | 75 | 74 |
| Albufeira e Olhos de Água · 19074c | Active | €369,000 | €4,731 | 5.9% | 75 | 72 |
| Albufeira e Olhos de Água · 49b926 | Active | €420,000 | €6,364 | 42.5% | 76 | 72 |
| rua José Fontana | Active | €395,000 | €4,593 | 2.8% | 75 | 70 |
| Albufeira e Olhos de Água · 9388cf | Active | €320,000 | €4,638 | 3.8% | 80 | 77 |
| Median comp | €382,000 | €4,685 | 4.9% | 76 | 72 |
Short-term vacation rental While the property listing at €335,000 has a fair value of €351,317, indicating a 4.6% gap to fair value, the 3.6% gross yield suggests limited profitability under current market conditions. The significant tourist influence in Albufeira e Olhos de Água does provide a viable market for short-term rentals, yet the pricing dynamic makes it less attractive. Buy-and-hold The property's fair value of €351,317 compared to the listing price means it's reasonably priced at €335,000, making it a stable buy for long-term investment. However, with a gross yield of 3.6%, returns may not justify the upfront costs in the current climate. Family rental The listing reflects a balanced pricing strategy at €335,000, situated in an area with a neighbourhood quality score of 74/100, indicating suitability for families. That said, the 3.6% gross yield suggests that while the apartment could be a decent option for family rental, it may not generate significant cash flow compared to other potential investments.
Economic Sensitivity Risk A score of 65/100 in economic stability suggests a moderate risk of adverse economic conditions that could impact tenant demand and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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