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 106 m², built in 1988, energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. The apartment features a large south-facing terrace ideal for outdoor dining, with direct access to the shared swimming pool, enhancing its appeal for leisure and entertainment.
The valuation. The asking price of €310,000 sits €17,528 (5.4%) below the fair value of €327,528, indicating that the property is fairly priced and reflects a reasonable market opportunity.
Fair value modelled at €327,528 from 5 comparable sales in the area. Asking €310,000 sits €17,528 (5.4%) below — the upside to fair value.
Asking €310,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €266,405 (€2,513/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €266,405, adjusted for condition and micro-location, gives a modelled fair value of €327,528 (€3,090/m²), a €17,528 (5.4%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 828ff1 | Subject | €310,000 | €2,925 | — | 68 | 73 |
| Albufeira e Olhos de Água · a80387 | Active | €360,000 | €3,000 | 2.6% | 72 | 73 |
| Albufeira e Olhos de Água · 6f422a | Active | €255,000 | €3,312 | 13.2% | 65 | 70 |
| rua de Dunfermline | Active | €330,000 | €2,946 | 0.7% | 71 | 64 |
| rua das Telecomunicações, 25 | Active | €275,000 | €3,090 | 5.7% | 70 | 75 |
| Median comp | €302,500 | €3,045 | 4.1% | 71 | 72 |
Long-term rental The property presents a gross yield of 5.6%, indicating a stable return on investment typical for long-term rental scenarios. Given its decent condition and respectable neighborhood rating, it aligns well with the demands of consistent renters in a tourist-heavy area like Albufeira. Short-term vacation rental While the property is located in a popular tourist-dominated area, the 5.4% gap from fair value means the rental upside may be limited compared to other options. A rating of 70/100 for condition and 73/100 for neighborhood suggests it meets the basic standards but may lack the exceptional allure often sought in short-term vacation rentals. Buy-and-hold This property stands at a fair valuation, making it a reasonable choice for a buy-and-hold strategy, especially in a market heavily reliant on tourism. However, potential appreciation may be constrained by its 5.4% gap to fair value, indicating a stagnant growth perspective in the short to medium term.
Economic Vulnerability The economic stability score of 65 suggests potential fluctuations in market conditions that could impact tenant demand 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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