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 111 m² on the 1st floor, built in 2003, energy rating C. Located on estrada de Albufeira, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment features a spacious private balcony that provides stunning open vistas and a serene setting, making it an ideal spot for relaxation and outdoor dining.
The valuation. The asking price of €410,000 is slightly below the fair value of €425,986, representing a difference of €15,986 (3.8%). This positions the property as fairly valued in the current market.
Fair value modelled at €425,986 from 6 comparable sales in the area. Asking €410,000 sits €15,986 (3.8%) below — the upside to fair value.
Asking €410,000 versus the estrada de Albufeira area baseline of €354,049 (€3,190/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 €354,049, adjusted for condition and micro-location, gives a modelled fair value of €425,986 (€3,838/m²), a €15,986 (3.8%) gap versus the €410,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada de Albufeira | Subject | €410,000 | €3,694 | — | 72 | 71 |
| Albufeira e Olhos de Água · 03254d | Active | €450,000 | €3,913 | 5.9% | 70 | 72 |
| Albufeira e Olhos de Água · 23f514 | Active | €380,000 | €3,486 | 5.6% | 75 | 66 |
| rua Manuel Teixeira Gomes | Active | €380,000 | €4,000 | 8.3% | 74 | 72 |
| Albufeira e Olhos de Água · 6fbaa3 | Active | €535,000 | €2,524 | 31.7% | 76 | 71 |
| Median comp | €415,000 | €3,700 | 0.2% | 75 | 72 |
Short-term vacation rental The property, with a yield of 3.2%, sits in a tourist-driven region, appealing for short-term vacation rentals. However, at a listing price of €410,000, it remains priced fairly, yielding modest returns under current conditions. Buy-and-hold This 2-bedroom apartment is fairly priced at €410,000 and located in a neighborhood that boasts decent amenities and tenant quality scores of 71/100. Holding the property long-term might yield steady appreciation, yet the current fair value suggests there are no immediate gains to exploit. Family rental Although the apartment stands in a suitable neighborhood for families with a reasonable condition score of 76/100, the fair valuation at €410,000 reflects a balanced investment opportunity. The rental income potential may be stable, but the current pricing doesn’t present an exceptional advantage for family rentals.
Potential tenant turnover risk With a tenant stability score of 68/100, there's a chance of increased turnover, which could lead to higher vacancy rates impacting cash flow stability.
Year 1, before income tax (IRS or IRC). Includes IMT, stamp duty, IMI and AIMI for a resident individual. Estimate: check with your accountant.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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