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. This apartment features a spacious balcony perfect for evening relaxation, and its proximity to both the beach and essential local services enhances its appeal for potential renters or homeowners.
The valuation. The asking price of €330,000 exceeds the fair value of €303,961 by €26,039 (8.6%), indicating that the property is fairly priced. This valuation suggests a reasonable market position for potential investors.
Fair value modelled at €303,961 from 6 comparable sales in the area. Asking €330,000 sits €26,039 (8.6%) above — overpriced versus fair value.
Asking €330,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €267,114 (€4,047/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €267,114, adjusted for condition and micro-location, gives a modelled fair value of €303,961 (€4,605/m²), a €26,039 (8.6%) gap versus the €330,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 831698 | Subject | €330,000 | €5,000 | — | 72 | 62 |
| rua José Bernardino de Sousa | Active | €299,500 | €4,680 | 6.4% | 75 | 58 |
| rua do Atlântico, 33 | Active | €290,000 | €4,531 | 9.4% | 70 | 65 |
| Albufeira e Olhos de Água · 15e2ba | Active | €285,000 | €4,750 | 5.0% | 60 | 76 |
| Albufeira e Olhos de Água · 15e110 | Active | €372,000 | €4,276 | 14.5% | 70 | 74 |
| Median comp | €294,750 | €4,606 | 7.9% | 70 | 70 |
Long-term rental This property, with a fair value of €303,961, is currently listed at €330,000, translating to an 8.6% gap from fair value. The 3.8% gross yield suggests moderate rental returns in a neighborhood that ranks 62/100, reflecting average tenant quality and economic activity driven by seasonal tourism peaks. Short-term vacation rental Priced at €330,000 and with a gap to fair value of 8.6%, this apartment is fairly positioned in the competitive short-term rental market of Albufeira. While the gross yield of 3.8% may attract some investors, the seasonal nature of Algarve’s tourism could impact occupancy rates, making it less ideal for maximizing rental income year-round. Buy-and-hold With a fair value of €303,961 compared to the listing price of €330,000, this property represents a fair investment for buyers looking to hold long-term. The average neighborhood score of 62/100 suggests potential for appreciation linked to tourism-driven demand, but investors should be aware of the cyclical economic activities in the area.
Economic and Tenant Instability The property is at risk due to both economic stability and tenant stability scores being low at 60/100, indicating potential fluctuation in rental income and occupancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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