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 44 m² on the 1st floor, energy rating C. Located on rua Samora Barros, 32, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The apartment boasts a balcony with direct sea views, enhancing its appeal as a serene retreat in a vibrant coastal location.
The valuation. The asking price of €245,000 is positioned above the fair value of €222,146, reflecting a discrepancy of €22,854, or 10.3%. This indicates that the property is fairly valued within the current market context.
Fair value modelled at €222,146 from 6 comparable sales in the area. Asking €245,000 sits €22,854 (10.3%) above — overpriced versus fair value.
Asking €245,000 versus the rua Samora Barros, 32 area baseline of €200,064 (€4,547/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 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 €200,064, adjusted for condition and micro-location, gives a modelled fair value of €222,146 (€5,049/m²), a €22,854 (10.3%) gap versus the €245,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Samora Barros, 32 | Subject | €245,000 | €5,568 | — | 70 | 71 |
| rua dos Pardais, 13 | Active | €299,000 | €4,672 | 16.1% | 70 | 73 |
| avenida dos Descobrimentos, 26 | Active | €209,000 | €5,098 | 8.5% | 61 | 73 |
| Albufeira e Olhos de Água · 6a920d | Active | €385,000 | €5,203 | 6.6% | 70 | 73 |
| rua do Atlântico, 33 | Active | €290,000 | €4,531 | 18.6% | 70 | 65 |
| Median comp | €294,500 | €4,885 | 12.3% | 70 | 73 |
Long-term rental The property offers a gross yield of 4.2%, which is competitive given the demand for rentals in Albufeira e Olhos de Água. However, with a fair value of €222,146 and a listing price of €245,000, the investment does not present an opportunity for significant upside. Short-term vacation rental Despite the area's strong appeal for short-term vacation rentals, the price gap of 10.3% does not justify a premium position in a saturated market. The fair valuation suggests caution, as potential guests may be seeking more competitively priced options in similar locations. Buy-and-hold Holding this property may yield stable income through rental, but the current price does not offer a favorable entry point given the fair value assessment. The existing condition rating of 68/100 indicates moderate maintenance needs, which might further erode potential returns if costs exceed expectations.
Economic volatility risk The property faces economic challenges with a score of 65/100, indicating potential instability in the local economy that could affect rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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