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 120 m². Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Feature: The property includes a rare exclusive private rooftop terrace that offers spectacular 360° panoramic views of the Atlantic Ocean, Albufeira, and surrounding hills, enhancing outdoor living. Condition Notes: With recent updates in kitchens and bathrooms, the apartment is well-maintained, though some areas require minor modernizations.
The valuation. The asking price of €360,000 sits just below the fair value of €362,179, reflecting a minimal variance of €2,179 (0.6%). This positioning suggests the property is fairly valued in the current market context.
Fair value modelled at €362,179 from 6 comparable sales in the area. Asking €360,000 sits €2,179 (0.6%) below — the upside to fair value.
Asking €360,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €293,557 (€2,446/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 €293,557, adjusted for condition and micro-location, gives a modelled fair value of €362,179 (€3,018/m²), a €2,179 (0.6%) gap versus the €360,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · a80387 | Subject | €360,000 | €3,000 | — | 72 | 73 |
| Albufeira e Olhos de Água · 23f26a | Active | €399,000 | €2,771 | 7.6% | 70 | 69 |
| Albufeira e Olhos de Água · 6f4083 | Active | €299,000 | €3,518 | 17.3% | 68 | 78 |
| Albufeira e Olhos de Água · 4a800f | Active | €299,000 | €3,250 | 8.3% | 73 | 73 |
| rua de Dunfermline | Active | €330,000 | €2,946 | 1.8% | 71 | 64 |
| Median comp | €314,500 | €3,098 | 3.3% | 71 | 71 |
Short-term vacation rental This property shows a fair valuation, making it a stable option for generating consistent rental income from vacationers in Albufeira. With a gross yield of 4.9%, it can effectively capitalize on the continued tourist interest in the Algarve region. Long-term rental The valuation is fair, which suggests that long-term rental investors can expect modest returns without significant risk. Given the neighborhood's decent score of 73/100, this property could attract reliable tenants looking for stability in a popular area. Buy-and-hold Considering this apartment's fair market value, it could serve as a prudent investment for those looking at long-term capital appreciation in a prime tourist locale. The proximity to Algarve's attractions positions it well for future growth, benefiting those who adopt a buy-and-hold strategy.
Economic Vulnerability With an economic stability score of 65/100, there is a risk that economic downturns could negatively impact tenant demand and rental income stability.
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