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.
1-bedroom, 1-bathroom apartment of 74 m², energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment includes a private balcony offering tranquil views, and its location within a resort provides access to amenities like a heated indoor pool and 24-hour reception.
The valuation. The asking price of €240,000 is slightly below the fair value of €263,147, representing a difference of €23,147 (8.8%). This places the property in a fair valuation range, making it a reasonable option for investment.
Fair value modelled at €263,147 from 6 comparable sales in the area. Asking €240,000 sits €23,147 (8.8%) below — the upside to fair value.
Asking €240,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €223,702 (€3,023/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 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 €223,702, adjusted for condition and micro-location, gives a modelled fair value of €263,147 (€3,556/m²), a €23,147 (8.8%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 831570 | Subject | €240,000 | €3,243 | — | 65 | 70 |
| Albufeira e Olhos de Água · 96c71d | Active | €195,000 | €3,362 | 3.7% | 62 | 72 |
| Albufeira e Olhos de Água · 4baae3 | Active | €255,000 | €3,923 | 21.0% | 76 | 63 |
| rua do Município | Active | €150,000 | €2,206 | 32.0% | 60 | 73 |
| Albufeira e Olhos de Água · 4a7eb3 | Active | €265,000 | €3,897 | 20.2% | 74 | 75 |
| Median comp | €225,000 | €3,630 | 11.9% | 68 | 73 |
Short-term vacation rental The 1-bed apartment in Albufeira e Olhos de Água demonstrates a fair investment potential as a short-term vacation rental with a gross yield of 5%. Given its location in a popular tourist vicinity and the proximity to local amenities, it is well positioned to attract seasonal visitors despite the listing price being aligned with its fair value. Buy-and-hold Investing in this apartment as a buy-and-hold strategy appears sound due to a fair market valuation that reflects expectations of moderate appreciation. This property, situated in a neighborhood with a decent quality rating of 70/100, should provide stable returns over time, making it a reasonable long-term hold. Long-term rental With a gross yield of 5%, the apartment serves as a reasonable investment for long-term rental, achieving an income level consistent with its fair value. The established amenities and quality rating of the neighborhood suggest that it will appeal to steady tenants, though it may lack the potential for significant rental growth due to current pricing.
Economic Vulnerability The economic stability score of 65/100 indicates a moderate risk, suggesting potential fluctuations in economic conditions that could impact rental income.
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