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 on the 2nd floor, energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment offers a private balcony with views over the resort, enhancing its appeal for both relaxation and potential rental income.
The valuation. The asking price of €240,000 is below the fair value of €288,382, indicating the property is subvalued by €48,382 (16.8%). This presents an attractive opportunity for potential investors.
Fair value modelled at €288,382 from 5 comparable sales in the area. Asking €240,000 sits €48,382 (16.8%) below — the upside to fair value.
Asking €240,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €237,012 (€3,203/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €237,012, adjusted for condition and micro-location, gives a modelled fair value of €288,382 (€3,897/m²), a €48,382 (16.8%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · a80367 | Subject | €240,000 | €3,243 | — | 72 | 73 |
| Albufeira e Olhos de Água · 4a7eb3 | Active | €265,000 | €3,897 | 20.2% | 74 | 75 |
| Albufeira e Olhos de Água · 4baae3 | Active | €255,000 | €3,923 | 21.0% | 76 | 63 |
| rua de Dunfermline | Active | €330,000 | €2,920 | 10.0% | 75 | 65 |
| Albufeira e Olhos de Água · ac9820 | Active | €350,000 | €3,889 | 19.9% | 75 | 61 |
| Median comp | €297,500 | €3,893 | 20.0% | 75 | 64 |
Short-term vacation rental This 1-bed apartment in Albufeira e Olhos de Água is ideally positioned for short-term vacation rentals, benefiting from a 4.2% gross yield and an appealing gap of 16.8% below the fair value. The area's developed tourism amenities and seasonal demand further enhance its attractiveness for vacationers. Buy-and-hold Investing in this property as a buy-and-hold strategy offers a compelling opportunity, especially given its fair value of €288,382 against the listing price of €240,000. The steady demand in the Algarve region can provide long-term rental income and capital appreciation as the neighborhood continues to develop. Value-add renovation With a condition rating of 76 out of 100, there is potential for value-add renovation to enhance the apartment's appeal and increase its market value over time. Addressing areas for improvement can maximize the returns on this investment in a desirable tourist location like Albufeira e Olhos de Água.
Economic Sensitivity Risk A lower economic stability score of 65 may indicate vulnerability to market fluctuations, which could impact tenant demand and rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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