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 114 m², built in 2003, energy rating C. Located on rua Balaia Golf Village, 137, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment includes direct access to outdoor spaces, enhancing the appeal for families, and is situated in a resort with extensive amenities, including multiple pools and a golf course.
The valuation. The asking price of €445,000 is above the fair value of €405,676, indicating a premium of €39,324 (9.7%). Our verdict is that the property is priced fairly.
Fair value modelled at €405,676 from 5 comparable sales in the area. Asking €445,000 sits €39,324 (9.7%) above — overpriced versus fair value.
Asking €445,000 versus the rua Balaia Golf Village, 137 area baseline of €333,942 (€2,929/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €333,942, adjusted for condition and micro-location, gives a modelled fair value of €405,676 (€3,559/m²), a €39,324 (9.7%) gap versus the €445,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Balaia Golf Village, 137 | Subject | €445,000 | €3,904 | — | 72 | 71 |
| rua Manuel Teixeira Gomes | Active | €380,000 | €4,000 | 2.5% | 74 | 72 |
| estrada de Albufeira | Active | €410,000 | €3,694 | 5.4% | 72 | 71 |
| Albufeira e Olhos de Água · 23f514 | Active | €380,000 | €3,486 | 10.7% | 75 | 66 |
| Albufeira e Olhos de Água · 4d468c | Active | €395,000 | €2,821 | 27.7% | 71 | 65 |
| Median comp | €387,500 | €3,590 | 8.0% | 73 | 69 |
Short-term vacation rental This property has a fair valuation with a gross yield of 3.2%, which aligns with typical returns seen in the Albufeira area. However, the 9.7% gap from fair value suggests it is priced at a level that may limit profit potential in the competitive vacation rental market. Long-term rental The apartment's fair market valuation and relatively good condition score of 74/100 indicate that it could be a stable long-term investment. Nevertheless, rental yields remain modest at 3.2%, suggesting that the investment may not significantly outperform other options in the current market. Buy-and-hold Given the property is valued fairly in the context of the Albufeira market, it is positioned reasonably for stable, long-term appreciation. However, the modest rental yield and a significant gap from fair value may make it less attractive for those seeking aggressive capital growth. Not ideal for: Given the property’s fair valuation and moderate condition, pursuing a strategy focused on student housing or value-add renovations may not yield satisfactory returns or justify investment efforts.
Economic Vulnerability The economic stability score of 65/100 suggests potential vulnerability in local economic conditions, which could impact tenant demand 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