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, energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment boasts direct balcony access from both the bedroom and living room, enhancing its appeal for outdoor relaxation in a vibrant resort setting.
The valuation. The asking price of €240,000 sits below the fair value of €268,588, indicating a potential opportunity for buyers as it is subvalued by €28,588 (10.6%).
Fair value modelled at €268,588 from 4 comparable sales in the area. Asking €240,000 sits €28,588 (10.6%) below — the upside to fair value.
Asking €240,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €224,927 (€3,040/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 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 €224,927, adjusted for condition and micro-location, gives a modelled fair value of €268,588 (€3,630/m²), a €28,588 (10.6%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · a80811 | Subject | €240,000 | €3,243 | — | 68 | 71 |
| Albufeira e Olhos de Água · 96c71d | Active | €195,000 | €3,362 | 3.7% | 62 | 72 |
| Albufeira e Olhos de Água · 4baae3 | Active | €255,000 | €3,923 | 21.0% | 76 | 63 |
| Albufeira e Olhos de Água · 4a7eb3 | Active | €265,000 | €3,897 | 20.2% | 74 | 75 |
| rua do Município | Active | €150,000 | €2,206 | 32.0% | 60 | 73 |
| Median comp | €225,000 | €3,630 | 11.9% | 68 | 73 |
Short-term vacation rental The property presents a favorable gap of 10.6% below its fair value, indicating strong potential for short-term vacation rental income in the tourist-centric Algarve region. With a gross yield of 4.7%, this investment aligns well with the demand from holiday travelers seeking accommodations in Albufeira. Buy-and-hold This 1-bed apartment demonstrates solid growth prospects, combined with a 10.6% valuation gap, making it an attractive option for a buy-and-hold strategy in an area with steady tourism. The property’s satisfactory condition score of 71/100 suggests minimal immediate renovations will be needed, supporting long-term investment stability. Family rental Given the local amenities and a neighborhood rating of 71/100, this property is positioned well for families looking for rental options in an attractive area like Albufeira. The fair value indication reinforces its suitability for families who desire a quality living environment near tourism services while enjoying a favorable return on investment. Not ideal for long-term rental Although the property has merits, the long-term rental market’s stability may be questionable due to fluctuating tourist demand in the area. The neighborhood dynamics suggest a preference for vacation rentals over traditional leases, which may limit occupancy rates for long-term tenants. Not ideal for student housing The property’s features and local amenities do not cater extensively to the student demographic, which is often sensitive to pricing and transport connections. With the housing market in the region skewed toward tourism, the apartment may struggle to attract steady student tenants. Not ideal for luxury market This property, while well-positioned, does not align with the luxury real estate sector in Albufeira, which typically demands more upscale amenities and finishes. Consequently, its valuation and characteristics might limit its appeal among buyers seeking luxury accommodations.
Economic Volatility Risk A score of 65/100 in economic stability indicates potential fluctuations in the market that could affect rental income and property value negatively.
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