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 studio of 47 m² on the 1st floor, built in 1998, energy rating C. Located on travessa de Santa Eulália, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This studio offers two balconies with sea views, enhancing outdoor living and providing distinct spaces for relaxation in the heart of the Algarve.
The valuation. The asking price of €298,000 exceeds the fair value of €243,898 by €54,102 (22.2%). This property is considered overpriced and may deter potential investors seeking a more balanced investment opportunity.
Fair value modelled at €243,898 from 6 comparable sales in the area. Asking €298,000 sits €54,102 (22.2%) above — overpriced versus fair value.
Asking €298,000 versus the travessa de Santa Eulália area baseline of €216,515 (€4,607/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 €216,515, adjusted for condition and micro-location, gives a modelled fair value of €243,898 (€5,189/m²), a €54,102 (22.2%) gap versus the €298,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa de Santa Eulália | Subject | €298,000 | €6,340 | — | 72 | 63 |
| Albufeira e Olhos de Água · 6a920d | Active | €385,000 | €5,203 | 17.9% | 70 | 73 |
| Albufeira e Olhos de Água · a8090f | Active | €279,500 | €5,176 | 18.4% | 75 | 65 |
| rua dos Pardais, 13 | Active | €299,000 | €4,672 | 26.3% | 70 | 73 |
| Albufeira e Olhos de Água · 834203 | Active | €295,000 | €4,609 | 27.3% | 72 | 74 |
| Median comp | €297,000 | €4,924 | 22.3% | 71 | 73 |
Short-term vacation rental The listing at €298,000 represents a significant premium over its fair value of €243,898, implying that this investment in the short-term vacation rental market is overpriced. A gross yield of 3.4% is not competitive in this market, especially considering the limited condition and neighborhood ratings of 70/100 and 63/100, respectively. Long-term rental Given the price tag of €298,000, which is 22.2% above fair value, this property does not represent a sound investment for long-term rental strategies. The yield of 3.4% fails to justify the high purchase price, particularly in light of the property's overall rating and the economic conditions of the neighborhood. Buy-and-hold The decision to hold onto this property as a long-term investment is questionable, with its listing price of €298,000 exceeding the fair value of €243,898 by more than 22%. As such, the anticipated appreciation in value may not sufficiently offset the initial overvaluation, making it a less attractive buy-and-hold opportunity.
Economic vulnerability The property is at risk due to its low economic stability score of 55, indicating potential fluctuations in the local market that could affect both property value and 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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