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 110 m² on the 1st floor, energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment features a cozy fireplace in the spacious living room, adding warmth and charm to the modern layout, ideal for gatherings in all seasons.
The valuation. The asking price of €375,000 sits €20,183 (5.7%) above the fair value of €354,817. While the price aligns closely with fair value, it does not represent a significant deal for investors. Buy-to-flip angle. The property has the potential for a successful resale strategy given its high-quality finishes and desirable location, but the modest difference from fair value suggests limited profit on a quick flip. Buy-to-let angle. With an estimated rental income of €1,125 per month, the gross yield stands at 3.6%, making this property a viable candidate for long-term rental strategies, particularly in a popular tourist area like Albufeira.
Fair value modelled at €354,817 from 6 comparable sales in the area. Asking €375,000 sits €20,183 (5.7%) above — overpriced versus fair value.
Asking €375,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €270,640 (€2,460/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €270,640, adjusted for condition and micro-location, gives a modelled fair value of €354,817 (€3,226/m²), a €20,183 (5.7%) gap versus the €375,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 38b69d | Subject | €375,000 | €3,409 | — | 74 | 70 |
| estrada de Vale de Pedras, 101 | Active | €365,000 | €2,992 | 12.2% | 72 | 71 |
| Albufeira e Olhos de Água · 4a800f | Active | €299,000 | €3,250 | 4.7% | 73 | 73 |
| avenida da Liberdade, 5 | Active | €525,000 | €3,201 | 6.1% | 72 | 73 |
| Albufeira e Olhos de Água · 6f4083 | Active | €299,000 | €3,518 | 3.2% | 68 | 78 |
| Median comp | €332,000 | €3,226 | 5.4% | 72 | 73 |
Short-term vacation rental The gross yield of 3.6% indicates the potential for rental income, but it is not strong enough to suggest the property is a compelling vacation rental option. Given the fair valuation and the vibrant tourism sector in Albufeira, the property may perform adequately in the short-term rental market. Long-term rental This property may attract stable long-term tenants due to the steady demand for rentals in Albufeira's regional market. However, the yield of 3.6% suggests it may not provide optimal returns compared to other investment opportunities. Buy-and-hold Investing in this property under the buy-and-hold strategy could yield moderate returns over time due to the stability of the neighborhood and the fair valuation. Nonetheless, the marginal gap to fair value indicates that while it may appreciate, it does not offer the best entry point for long-term capital growth.
Tenant turnover risk With both economic stability and tenant stability scores at 65, there is an elevated risk of tenant turnover, which could lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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