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, 2-bathroom apartment of 88 m² on the 7th floor, built in 2003, energy rating B. Located on rua do Município, 18, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The apartment includes access to extensive aparthotel leisure services, enhancing the living experience and providing facilities like pools and restaurants within the complex.
The valuation. The asking price of €201,500 is significantly below the fair value of €249,000, representing a discount of €47,500 (19.1%). This property is underpriced, presenting an attractive opportunity for buyers seeking value. Buy-to-flip angle. The resale strategy involves modernizing certain areas to improve aesthetic appeal and functionality, aiming for a profitable sale at a higher price point consistent with the market's demand for quality finishes. Buy-to-let angle. This apartment is expected to generate a gross rental yield of 6.1%, with estimated monthly income around €1,024, making it a solid candidate for long-term rental within the lucrative Albufeira tourism market.
Fair value modelled at €249,000 from 5 comparable sales in the area. Asking €201,500 sits €47,500 (19.1%) below — the upside to fair value.
Asking €201,500 versus the rua do Município, 18 area baseline of €211,671 (€2,405/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 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 €211,671, adjusted for condition and micro-location, gives a modelled fair value of €249,000 (€2,830/m²), a €47,500 (19.1%) gap versus the €201,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Município, 18 | Subject | €201,500 | €2,290 | — | 65 | 70 |
| rua Manuel Teixeira Gomes, 11 | Active | €270,000 | €3,140 | 37.1% | 70 | 68 |
| Albufeira e Olhos de Água · 99f1b3 | Active | €475,000 | €2,714 | 18.5% | 75 | 72 |
| Albufeira e Olhos de Água · d1dce2 | Active | €480,000 | €2,909 | 27.0% | 72 | 73 |
| rua José Afonso | Active | €165,000 | €2,391 | 4.4% | 57 | 70 |
| Median comp | €372,500 | €2,812 | 22.8% | 71 | 71 |
Short-term vacation rental The 1-bed apartment in Albufeira e Olhos de Água offers a compelling investment opportunity for short-term vacation rentals, with a noteworthy gross yield of 6.1%. Given its proximity to a popular tourist destination, the property’s pricing appears attractive, sitting 19.1% below its fair market value of €249,000. Long-term rental With a robust gross yield of 6.1%, this property is suited for long-term rental investments, especially considering the continual demand in the Albufeira area. The apartment's fair value of €249,000, contrasted with its listing price of €201,500, highlights a significant opportunity in the rental market. Buy-and-hold Investing in this property for a buy-and-hold strategy may yield favorable returns, with a current market price that is 19.1% under its fair value. The combination of a decent yield and a strong tourist economy in the region positions this apartment as a promising long-term investment. Not ideal for student housing This property does not meet the requirements for student housing due to its size and rental dynamics in the Albufeira region. The potential tenant pool is less suited for this demographic, given the focus on vacation rentals. Not ideal for luxury market Given the neighborhood’s characteristics, including its rating of 70/100, the property may not attract buyers seeking luxury options. The overall market dynamics suggest a more budget-friendly focus rather than the luxury segment. Not ideal for industrial investment This apartment is not aligned with industrial investment strategies, as its residential setup and tourist-centric location do not support industrial activity. The property's profile and neighborhood characteristics further reinforce its unsuitability for industrial use.
Economic Vulnerability The economic stability score of 65 indicates potential susceptibility to market fluctuations that could negatively impact rental income and property value.
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