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, 2-bathroom apartment of 102 m², built in 2018, energy rating D. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. One notable feature of the property is its pleasant private patio, equipped with an elegant bioclimatic pergola, enhancing outdoor living space and comfort.
The valuation. The asking price of €545,000 is slightly below the fair value of €585,106, indicating a difference of €40,106 (6.9%). This property is considered fairly valued.
Fair value modelled at €585,106 from 6 comparable sales in the area. Asking €545,000 sits €40,106 (6.9%) below — the upside to fair value.
Asking €545,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €469,421 (€4,602/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 88/100 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 €469,421, adjusted for condition and micro-location, gives a modelled fair value of €585,106 (€5,736/m²), a €40,106 (6.9%) gap versus the €545,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 828fc1 | Subject | €545,000 | €5,343 | — | 85 | 70 |
| Albufeira e Olhos de Água · 834106 | Active | €845,000 | €8,895 | 66.5% | 82 | 80 |
| Albufeira e Olhos de Água · 225c06 | Active | €280,000 | €4,667 | 12.7% | 79 | 70 |
| estrada de Santa Eulália, 3 | Active | €265,000 | €5,196 | 2.8% | 75 | 63 |
| avenida da Liberdade, 117 | Active | €295,000 | €6,277 | 17.5% | 80 | 63 |
| Median comp | €287,500 | €5,737 | 7.4% | 80 | 67 |
Short-term vacation rental The property, positioned in a tourist-centric area of the Algarve, shows a fair value close to its asking price with a gap of only 6.9%. However, with a gross yield of 2.5%, the investment potential may not be appealing compared to other vacation rental options in the region. Long-term rental With a neighbourhood rating of 70/100 and a robust tenant quality, the property may attract long-term renters despite its fair pricing. The yield of 2.5% suggests a steady but unspectacular income stream over time. Family rental This property could serve as a suitable family rental given its adequate amenities and good condition rating of 88/100. However, the strong tourism market may limit its potential for appreciation in a family-oriented demographic due to its current pricing being fair rather than favourable for long-term investments.
Economic Vulnerability The economic stability rating of 55/100 indicates a risk of downturns that could affect 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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