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 74 m², energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This property's inviting private balcony provides direct access from one of the bedrooms, enhancing outdoor space and convenience for relaxation or entertaining in Albufeira's vibrant atmosphere.
The valuation. The asking price of €320,000 is significantly below the fair value of €366,209, presenting an opportunity as it is subpriced by €46,209 (12.6%). Buy-to-flip angle. The plan involves renovating the apartment to modernize dated fixtures, potentially increasing resale value beyond €366,209 for a profit on the investment. Buy-to-let angle. With an estimated gross yield of 4.3% at €1,147/month, the property is ideal for generating stable rental income, especially in a tourist-oriented area with strong seasonal demand.
Fair value modelled at €366,209 from 4 comparable sales in the area. Asking €320,000 sits €46,209 (12.6%) below — the upside to fair value.
Asking €320,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €331,639 (€4,482/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €331,639, adjusted for condition and micro-location, gives a modelled fair value of €366,209 (€4,949/m²), a €46,209 (12.6%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · a806c2 | Subject | €320,000 | €4,324 | — | 65 | 70 |
| Albufeira e Olhos de Água · 831433 | Active | €320,000 | €5,079 | 17.5% | 63 | 66 |
| rua dos Pardais, 13 | Active | €299,000 | €4,672 | 8.0% | 70 | 73 |
| avenida Privilegiada de Albufeira | Active | €350,000 | €7,609 | 76.0% | 70 | 69 |
| Albufeira e Olhos de Água · 3d9889 | Active | €265,000 | €4,818 | 11.4% | 70 | 76 |
| Median comp | €309,500 | €4,949 | 14.4% | 70 | 71 |
Short-term vacation rental The property offers an attractive yield of 4.3%, making it well-suited for short-term vacation rentals in a tourist-oriented area. Its fair value exceeds the listing price by 12.6%, indicating a favorable market entry for generating seasonal rental income. Buy-and-hold With a fair value of €366,209, this 2-bed apartment is positioned for potential appreciation, making it a solid buy-and-hold investment. Additionally, its location in a safe region with good amenities enhances its long-term investment appeal. Family rental The 66/100 condition rating suggests that the property is in decent shape for family rentals, appealing to tenants seeking comfortable living accommodations. Given the property's value below fair market standards, it represents a solid entry point for long-term rental strategies in a family-friendly environment.
Tenant turnover risk With a tenant stability score of 60/100, there is a significant risk of increased tenant turnover, potentially leading to higher vacancy rates and lost 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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