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.
3-bedroom, 2-bathroom apartment of 24 m², built in 1987, energy rating F. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This top-floor apartment uniquely offers exclusive privacy as the only unit on its level, complemented by expansive views from its balcony overlooking both the pool and the sea.
The valuation. The asking price of €410,000 is significantly higher when compared to the fair value of €111,429, indicating an overvaluation of €298,571 (267.9%). This property is overpriced and does not present a viable investment opportunity.
Fair value modelled at €111,429 from 6 comparable sales in the area. Asking €410,000 sits €298,571 (267.9%) above — overpriced versus fair value.
Asking €410,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €101,288 (€4,220/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 €101,288, adjusted for condition and micro-location, gives a modelled fair value of €111,429 (€4,643/m²), a €298,571 (267.9%) gap versus the €410,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 3a6f89 | Subject | €410,000 | €17,083 | — | 65 | 70 |
| alameda da Orada, 1 | Active | €445,000 | €5,174 | 69.7% | 65 | 68 |
| rua das Telecomunicações, 4 | Active | €350,000 | €4,667 | 72.7% | 70 | 77 |
| Albufeira e Olhos de Água · 627186 | Active | €485,000 | €4,619 | 73.0% | 73 | 71 |
| Albufeira e Olhos de Água · 82c786 | Active | €340,000 | €6,071 | 64.5% | 73 | 63 |
| Median comp | €397,500 | €4,921 | 71.2% | 72 | 70 |
Short-term vacation rental This property is overpriced at €410,000, significantly above the fair value of €111,429, making it an unfeasible option for short-term vacation rental as it could lead to negative cash flow given the 0% yield. The high initial investment and current neighborhood conditions do not support the expected returns in a seasonal tourist market. Buy-and-hold With a fair value of €111,429, the property’s listing price of €410,000 reflects a 267.9% gap, rendering this buy-and-hold strategy ill-advised under the current market conditions. The rental yield of 0% coupled with a condition score of 65/100 suggests that this asset is unlikely to appreciate sufficiently to justify such an investment. Family rental Although a family rental could ideally provide stable income, the property’s listing price is exorbitantly above its fair value, posing a significant risk to investors. Additionally, considering the neighborhood's moderate amenities and economic stability, this investment does not align well with family rental demand given the lack of justified pricing.
Moderate economic risk The economic stability score of 60/100 indicates potential volatility that could affect rental income stability.
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