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 74 m², energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment boasts a private balcony accessible from both the living room and one bedroom, enhancing outdoor living space in a tourist-friendly location. Additional Amenities: Situated in a resort, residents have access to both outdoor and heated indoor pools, gym, and sports fields.
The valuation. The asking price of €320,000 is below the fair value of €366,882 by €46,882 (12.8%), indicating the property is underpriced. This presents an opportunity for value appreciation. Buy-to-flip angle. The resale strategy focuses on renovating dated elements to enhance appeal, targeting a resale price above €366,882 for profitable returns. Buy-to-let angle. The rental income strategy involves leveraging the estimated gross yield of 4.3% (~€1,147/month) by utilizing the property for short-term vacation rentals, catering to the local tourism market.
Fair value modelled at €366,882 from 6 comparable sales in the area. Asking €320,000 sits €46,882 (12.8%) below — the upside to fair value.
Asking €320,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €332,353 (€4,491/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 is below the parish average, reducing 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 €332,353, adjusted for condition and micro-location, gives a modelled fair value of €366,882 (€4,958/m²), a €46,882 (12.8%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 83151b | Subject | €320,000 | €4,324 | — | 65 | 60 |
| rua dos Pardais, 13 | Active | €299,000 | €4,672 | 8.0% | 70 | 73 |
| Albufeira e Olhos de Água · 3d9889 | Active | €265,000 | €4,818 | 11.4% | 70 | 76 |
| avenida Privilegiada de Albufeira | Active | €350,000 | €7,609 | 76.0% | 70 | 69 |
| avenida dos Descobrimentos, 26 | Active | €209,000 | €5,098 | 17.9% | 61 | 73 |
| Median comp | €282,000 | €4,958 | 14.7% | 70 | 73 |
Short-term vacation rental This property is ideally positioned in a tourism-driven area of Albufeira, making it a lucrative option for short-term vacation rentals. With a fair value of €366,882, purchasing at €320,000 presents an attractive entry point that can yield a 4.3% gross return. Buy-and-hold As a buy-and-hold investment, this property shows promise due to its 12.8% gap from fair value and potential for appreciation in a thriving tourist market. The local economy, influenced by the tourism sector, supports the likelihood of steady rental income and long-term value growth. Long-term rental Securing this apartment for long-term rental aligns well with its competitive pricing against fair market value, enhancing the investment potential. A gross yield of 4.3% suggests a stable income stream, even amid local amenities that cater well to residents. Not ideal for luxury market The condition rating of 66/100 indicates that while the apartment can attract certain markets, it is not suitable for the luxury segment. Given the current valuation, investors should focus on utility rather than luxury when considering this property. Not ideal for student housing Rural areas in Albufeira show lower school density, suggesting a limited target audience for student housing. This dynamic, combined with the property’s neighborhood rating of 60/100, does not position it as a favorable option for students seeking housing.
Economic and Tenant Instability Risk The economic stability score of 60/100 and tenant stability score of 55/100 suggest a heightened risk of fluctuating income and potential vacancy rates for the property, indicating challenges in maintaining steady cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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