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, 4-bathroom apartment of 204 m², built in 1996, energy rating D. Located Ferreiras parish, Albufeira municipality, Faro district. Noteworthy Features: The apartment boasts a spacious private terrace with panoramic views of the surrounding pine trees, enhancing its serene atmosphere, along with direct access to well-established walking trails nearby.
The valuation. The asking price of €449,000 is significantly below the fair value of €597,140, presenting an opportunity as the property is currently underpriced by €148,140 (24.8%).
Fair value modelled at €597,140 from 6 comparable sales in the area. Asking €449,000 sits €148,140 (24.8%) below — the upside to fair value.
Asking €449,000 versus the Ferreiras, Albufeira, Faro area baseline of €497,645 (€2,439/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €497,645, adjusted for condition and micro-location, gives a modelled fair value of €597,140 (€2,927/m²), a €148,140 (24.8%) gap versus the €449,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ferreiras · 3a709c | Subject | €449,000 | €2,201 | — | 70 | 70 |
| rua das Andorinhas | Active | €490,000 | €4,336 | 97.0% | 80 | 71 |
| Albufeira e Olhos de Água · 25f5d4 | Active | €360,000 | €3,130 | 42.2% | 65 | 75 |
| Ferreiras · ab7119 | Active | €365,000 | €2,724 | 23.8% | 76 | 79 |
| Ferreiras · 6227d3 | Active | €365,000 | €2,724 | 23.8% | 78 | 70 |
| Median comp | €365,000 | €2,927 | 33.0% | 77 | 73 |
Long-term rental This 3-bed apartment in Ferreiras offers a fair value of €597,140, indicating it is currently subvalued at €449,000. The location benefits from strong tourism influence, making it an attractive option for steady rental income. Short-term vacation rental With a 24.8% gap compared to its fair value, this property presents a favorable opportunity in the short-term vacation rental market. The proximity to beaches enhances its appeal to seasonal tourists and vacationers. Buy-and-hold Given its condition rating of 73/100 and the neighborhood's overall quality, this apartment is a viable buy-and-hold investment. Its underpriced status relative to fair market value supports potential long-term appreciation in a popular tourist area.
Economic Vulnerability The economic stability score of 60/100 indicates a risk of potential fluctuations in the local economy that could impact 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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