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.
2-bedroom, 1-bathroom apartment of 350 m², energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment boasts an exceptionally rare 349 m² private garden with a jacuzzi, barbecue, and diverse leisure areas, creating a unique urban retreat just steps from the beach. Location Benefits: A short walk to essential amenities and the beach provides unmatched convenience.
The valuation. The asking price of €430,000 is significantly below the fair value of €943,229, marking it as underpriced by €513,229 (54.4%). This presents a unique opportunity for investors looking to capitalize on the equity potential. Buy-to-flip angle. A buy-to-flip strategy would involve purchasing the apartment at the asking price, enhancing its appeal through minor renovations, and selling it at a competitive price in the rapidly growing Algarve market. Buy-to-let angle. Although the current gross yield is 0%, a buy-to-let approach focusing on short-term vacation rentals could yield substantial returns given the high tourist appeal of Albufeira, particularly during peak seasons.
Fair value modelled at €943,229 from 6 comparable sales in the area. Asking €430,000 sits €513,229 (54.4%) below — the upside to fair value.
Asking €430,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €667,471 (€1,907/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 is above the parish average, lifting 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 €667,471, adjusted for condition and micro-location, gives a modelled fair value of €943,229 (€2,695/m²), a €513,229 (54.4%) gap versus the €430,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 3a706e | Subject | €430,000 | €1,229 | — | 75 | 66 |
| rua Fernão de Magalhães G | Active | €400,000 | €2,000 | 62.8% | 78 | 65 |
| Albufeira e Olhos de Água · 6eb9d4 | Active | €350,000 | €1,786 | 45.3% | 68 | 67 |
| rua de Dunfermline | Active | €330,000 | €2,946 | 139.8% | 71 | 64 |
| rua de Dunfermline | Active | €330,000 | €2,920 | 137.7% | 75 | 65 |
| Median comp | €340,000 | €2,460 | 100.2% | 73 | 65 |
Short-term vacation rental This property presents a significant opportunity for short-term vacation rentals, especially given Algarve's ongoing tourist appeal, despite the 0% gross yield. The gap of 54.4% between the listing price and fair value indicates a strong potential for high occupancy rates and rental income in a seasonal market. Buy-and-hold Investing in this property as a buy-and-hold strategy is compelling due to its substantial fair value compared to the listing price, suggesting future appreciation. The decent condition rating of 77/100, combined with the attractive location, justifies a long-term investment perspective despite the current market dynamics. Family rental This apartment could serve well as a family rental, especially considering its size and the family-friendly attributes of the Albufeira region, despite the neighborhood rating of 66/100. The considerable difference between the listing and fair value suggests that, with the right management, it could become a desirable living space for families when the demand increases in off-peak seasons.
Economic Vulnerability With an economic stability score of 60/100, there is a significant risk that economic downturns could negatively affect future rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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