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, 1-bathroom apartment of 66 m², built in 1986, energy rating D. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Proximity: Just a short walk from Albufeira beach, this apartment offers a balcony view that enhances outdoor living in a vibrant coastal area.
The valuation. The asking price of €330,000 is €23,719 (7.7%) above the fair value of €306,281. This property is assessed as fair.
Fair value modelled at €306,281 from 6 comparable sales in the area. Asking €330,000 sits €23,719 (7.7%) above — overpriced versus fair value.
Asking €330,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €265,495 (€4,023/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €265,495, adjusted for condition and micro-location, gives a modelled fair value of €306,281 (€4,641/m²), a €23,719 (7.7%) gap versus the €330,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 8315fe | Subject | €330,000 | €5,000 | — | 70 | 69 |
| rua do Atlântico, 33 | Active | €290,000 | €4,531 | 9.4% | 70 | 65 |
| Albufeira e Olhos de Água · f14cad | Active | €335,000 | €4,527 | 9.5% | 75 | 63 |
| rua do Cerro | Active | €465,000 | €5,813 | 16.3% | 72 | 70 |
| Albufeira e Olhos de Água · 15e110 | Active | €372,000 | €4,276 | 14.5% | 70 | 74 |
| Median comp | €353,500 | €4,529 | 9.4% | 71 | 68 |
Short-term vacation rental The property has a fair value aligned with the market expectations, making it a viable candidate for short-term vacation rentals given the tourist-driven demand in Albufeira. With a gross yield of 4%, it provides reasonable returns while attracting seasonal visitors. Buy-and-hold Though the property is priced fairly, the yield of 4% indicates moderate return potential in a localized market. This strategy may be suitable for investors looking to maintain property value amid fluctuating seasonal employment impacts. Family rental With a fair pricing structure and a condition rating of 72/100, this property may work well in the family rental market, targeting stable long-term tenants. The neighbourhood score of 69/100 suggests amenities and accessibility that could appeal to families seeking residence in Albufeira.
Tenant turnover risk High tenant turnover could be anticipated due to a moderate tenant stability score of 70/100, potentially leading to increased vacancies 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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