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.
1-bedroom, 1-bathroom apartment of 65 m², built in 1990, energy rating D. Located on rua Manuel Teixeira Gomes S / N, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The property boasts a large private outdoor space of 65 m², perfect for outdoor activities, and features triple-glazed windows for enhanced insulation and noise reduction.
The valuation. The asking price of €265,000 is significantly above the fair value of €231,028, reflecting an overpricing of €33,972, or 14.7%. This discrepancy indicates that potential buyers may need to negotiate downward. Buy-to-flip angle. The buy-to-flip strategy involves acquiring the property and making minor improvements to capitalize on the desirable finishes before reselling it at a higher price to investors or homeowners. Buy-to-let angle. This apartment presents a buy-to-let opportunity given its gross yield of 4.1%, with estimated rental income of approximately €905 per month, catering well to the tourist market.
Fair value modelled at €231,028 from 6 comparable sales in the area. Asking €265,000 sits €33,972 (14.7%) above — overpriced versus fair value.
Asking €265,000 versus the rua Manuel Teixeira Gomes S / N area baseline of €183,803 (€2,828/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €183,803, adjusted for condition and micro-location, gives a modelled fair value of €231,028 (€3,554/m²), a €33,972 (14.7%) gap versus the €265,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Manuel Teixeira Gomes S / N | Subject | €265,000 | €4,077 | — | 73 | 71 |
| Albufeira e Olhos de Água · 8341d7 | Active | €282,500 | €3,870 | 5.1% | 72 | 67 |
| rua da Oura | Active | €275,000 | €4,231 | 3.8% | 75 | 72 |
| Albufeira e Olhos de Água · 3d988e | Active | €430,000 | €3,468 | 14.9% | 68 | 83 |
| Albufeira e Olhos de Água · 653002 | Active | €284,000 | €3,550 | 12.9% | 73 | 71 |
| Median comp | €283,250 | €3,710 | 9.0% | 73 | 72 |
Short-term vacation rental The property is overpriced with a listing price of €265,000, exceeding the fair value of €231,028 by 14.7%. Given the gross yield of 4.1%, this investment lacks compelling returns for a market characterized by seasonal tourism fluctuations. Buy-and-hold With a listing price that significantly exceeds fair value, this investment strategy is less attractive, particularly focusing on long-term asset appreciation. The neighborhood rating of 71/100 still implies potential, but the current pricing detracts from worthwhile growth prospects. Family rental This property, while suitable for families, is overpriced and fails to provide a justified return on investment with a gross yield of only 4.1%. The competitive neighborhood score does suggest appeal, but the price points diminish its feasibility in providing value for longer-term tenants.
Economic Vulnerability The property is exposed to potential economic downturns due to a moderate economic stability score of 65, which may affect rental income stability.
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