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 75 m², built in 1990, energy rating D. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment features a pleasant balcony perfect for savoring the Algarve climate, as well as access to outdoor areas and pools within the well-regarded Condominium Poente da Aldeia.
The valuation. The asking price of €320,000 sits just slightly above the fair value of €314,263 by €5,737 (1.8%). The property is considered to be fairly priced in the current market context.
Fair value modelled at €314,263 from 6 comparable sales in the area. Asking €320,000 sits €5,737 (1.8%) above — overpriced versus fair value.
Asking €320,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €274,327 (€3,658/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 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 €274,327, adjusted for condition and micro-location, gives a modelled fair value of €314,263 (€4,190/m²), a €5,737 (1.8%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · a804fb | Subject | €320,000 | €4,267 | — | 70 | 71 |
| Albufeira e Olhos de Água · 831807 | Active | €320,000 | €3,855 | 9.6% | 70 | 72 |
| Albufeira e Olhos de Água · 99f39d | Active | €318,000 | €4,077 | 4.4% | 70 | 71 |
| rua Cândido Guerreiro | Active | €275,000 | €4,104 | 3.8% | 65 | 70 |
| Albufeira e Olhos de Água · 15e110 | Active | €372,000 | €4,276 | 0.2% | 70 | 74 |
| Median comp | €319,000 | €4,091 | 4.1% | 70 | 72 |
Short-term vacation rental The property holds a gross yield of 3.5%, which aligns with the current tourism-driven demand in Albufeira e Olhos de Água. Given its fair value of €314,263, this listing at €320,000 offers a moderate opportunity but does not represent a significant upside for short-term rental investments. Long-term rental With a fair value only slightly lower than the listing price, investing in this property for long-term rental income presents limited financial advantages. While the low crime rate and high tourist appeal support tenant demand, the yield of 3.5% is average for the area, indicating no compelling case for long-term rental potential at the current asking price. Buy-and-hold The 2-bed apartment in Albufeira e Olhos de Água, while positioned reasonably in a tourist-friendly environment, is listed slightly above its fair value. Investors considering a buy-and-hold strategy may find it difficult to achieve substantial capital appreciation or returns given its modest yield and fair pricing dynamics in the existing market.
Economic Sensitivity Risk With an economic stability score of 65/100, this property may be vulnerable to economic downturns that could impact rental income and property values, especially in a less resilient market.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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