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 73 m² on the 2nd floor, energy rating D. Located on rua da Ladeira, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment includes a pantry for additional storage, and it offers direct access to a pool-facing balcony, enhancing its appeal for outdoor relaxation.
The valuation. The property is currently listed at €250,000, which is approximately 2.0% below the fair value of €255,190. This suggests that the asking price aligns closely with the market's assessment of the property's worth.
Fair value modelled at €255,190 from 6 comparable sales in the area. Asking €250,000 sits €5,190 (2.0%) below — the upside to fair value.
Asking €250,000 versus the rua da Ladeira area baseline of €250,362 (€3,430/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 52/100 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 €250,362, adjusted for condition and micro-location, gives a modelled fair value of €255,190 (€3,496/m²), a €5,190 (2.0%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Ladeira | Subject | €250,000 | €3,425 | — | 55 | 64 |
| rua do Pinhal, 17 | Active | €265,000 | €3,313 | 3.3% | 60 | 70 |
| Albufeira e Olhos de Água · 96c648 | Active | €245,000 | €3,769 | 10.1% | 65 | 68 |
| rua Vasco Santana S / N | Active | €235,000 | €2,640 | 22.9% | 52 | 77 |
| Albufeira e Olhos de Água · b7b513 | Active | €180,000 | €4,000 | 16.8% | 60 | 74 |
| Median comp | €240,000 | €3,541 | 3.4% | 60 | 72 |
Short-term vacation rental This 1-bed apartment in Albufeira e Olhos de Água is positioned in a desirable tourist-friendly area, making it suitable for short-term vacation rentals despite a fair valuation that leaves minimal room for profit. With a gross yield of 4.7%, the property offers decent returns in a robust tourism market, but potential investors should be cautious given its fair pricing compared to fair value. Long-term rental The property presents a viable option for long-term rental due to the stable demand in the Algarve, although it is valued fairly at €250,000. The gross yield of 4.7% indicates a reasonable return, yet the condition rating of 52/100 suggests that additional investment might be needed to attract higher-quality tenants. Buy-and-hold Investing in this property as a buy-and-hold strategy could be challenging given its fair valuation relative to the fair value, creating less potential for appreciation. With the apartment's location in a tourist-friendly area, long-term growth may be possible, but prospective investors should consider the moderate condition rating before proceeding.
Economic Vulnerability With both economic stability and tenant stability scores at 60/100, there is a heightened risk of volatility in rental income and potential vacancies due to fluctuating market conditions.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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