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, 2-bathroom apartment of 146 m², energy rating A+. Located on rua Fernando Pessoa, 58, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment boasts direct access to the outdoor terrace from the living area, offering a seamless transition between indoor and outdoor living with uninterrupted sea views.
The valuation. The asking price of €634,900 is below the fair value of €705,667, positioning this property as subvalued by €70,767 (10.0%). This presents an opportunity for potential investors.
Fair value modelled at €705,667 from 6 comparable sales in the area. Asking €634,900 sits €70,767 (10.0%) below — the upside to fair value.
Asking €634,900 versus the rua Fernando Pessoa, 58 area baseline of €561,497 (€3,846/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €561,497, adjusted for condition and micro-location, gives a modelled fair value of €705,667 (€4,833/m²), a €70,767 (10.0%) gap versus the €634,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Fernando Pessoa, 58 | Subject | €634,900 | €4,349 | — | 85 | 75 |
| Albufeira e Olhos de Água · 8750dc | Active | €775,000 | €5,000 | 15.0% | 85 | 71 |
| rua do Movimento das Forças Armadas | Active | €690,000 | €6,832 | 57.1% | 86 | 74 |
| caminho do Raposo S / N | Active | €895,000 | €5,144 | 18.3% | 85 | 80 |
| rua Joaquim Magalhães | Active | €515,000 | €4,292 | 1.3% | 80 | 71 |
| Median comp | €732,500 | €5,072 | 16.6% | 85 | 73 |
Short-term vacation rental The property is well-positioned in a prime tourist area of Albufeira, making it ideal for short-term vacation rentals with strong demand from visitors. With a fair value of €705,667 indicating a 10% gap, the investment presents an attractive opportunity for generating solid rental income. Long-term rental Given its proximity to the coastline and favorable condition rating of 84/100, this apartment is likely to attract long-term tenants seeking quality housing in a desirable location. The gross yield of 3.3% further supports the case for its long-term rental viability despite the property's current pricing. Buy-and-hold As a buy-and-hold investment, this property benefits from both the robust tourist-driven economy and a fair value that is 10% above its listing price, indicating sound appreciation potential. The steady demand for housing in Albufeira suggests that holding onto this asset could result in significant long-term gains as the market continues to thrive.
Economic Volatility Risk The economic stability score of 70/100 suggests that there may be fluctuations in the local economy, which could negatively 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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