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 103 m², energy rating D. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This property offers exclusive access to hotel amenities including two pools, restaurant, and bar, enhancing the experience of living in a resort-like setting.
The valuation. The asking price of €420,000 is above the fair value of €391,068, with a variance of €28,932 (7.4%). This positions the property as fairly valued in the current market context.
Fair value modelled at €391,068 from 6 comparable sales in the area. Asking €420,000 sits €28,932 (7.4%) above — overpriced versus fair value.
Asking €420,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €312,233 (€3,031/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 €312,233, adjusted for condition and micro-location, gives a modelled fair value of €391,068 (€3,797/m²), a €28,932 (7.4%) gap versus the €420,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 5e60c7 | Subject | €420,000 | €4,078 | — | 75 | 75 |
| rua Aquilino Ribeiro | Active | €295,000 | €3,831 | 6.0% | 75 | 71 |
| Albufeira e Olhos de Água · 911876 | Active | €379,000 | €3,185 | 21.9% | 80 | 66 |
| rua António Sérgio | Active | €380,000 | €3,762 | 7.7% | 75 | 76 |
| Albufeira e Olhos de Água · 831807 | Active | €320,000 | €3,855 | 5.5% | 70 | 72 |
| Median comp | €349,500 | €3,797 | 6.9% | 75 | 72 |
Short-term vacation rental This property, priced at €420,000, is positioned in a high-demand tourist area in the Algarve, making it a suitable option for short-term vacation rentals; however, the current listing reflects a fair valuation with a gap of only 7.4% versus the fair value of €391,068. With a gross yield of 3.4%, while attractive, it's important to recognize that the market conditions may limit substantial increases in rental income. Long-term rental Although it could serve the long-term rental market well due to its good infrastructure and decent condition score of 77/100, the property is priced at €420,000, aligning closely with its fair value of €391,068. The yield of 3.4% may not offer significant returns, potentially making other options more appealing for long-term investors. Buy-and-hold As a buy-and-hold investment, this property in Albufeira presents decent growth potential given its location in a tourism-driven market; yet, with a fair market valuation of €391,068 versus the listing price of €420,000, it's essential to consider the relatively modest appreciation prospects. The overall yield of 3.4% suggests that while the property can generate steady income, it may not be the most lucrative option in the long term.
Economic vulnerability The economic stability score of 65/100 indicates potential fluctuations in the local economy that could impact property values 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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