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 63 m² on the 2nd floor. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The apartment features two balconies, offering unobstructed sea views and a perfect spot to enjoy the Algarve sunset, enhancing the outdoor living experience.
The valuation. The asking price of €305,000 is positioned slightly below the fair value of €327,770, indicating a difference of €22,770 or about 6.9%. This assessment suggests that the property is priced fairly in the current market. Buy-to-flip angle. A successful resale strategy would capitalize on the property’s high-quality features and desirable location, targeting buyers keen on Albufeira’s tourism draw. With strategic renovations, this could yield a substantial profit within a short timeframe. Buy-to-let angle. Leveraging the projected gross yield of 3.8%, approximately €966 per month, a buy-to-let strategy aims to attract long-term tenants or capitalize on short-term vacation rentals. This approach aligns with the local demand driven by tourism.
Fair value modelled at €327,770 from 5 comparable sales in the area. Asking €305,000 sits €22,770 (6.9%) below — the upside to fair value.
Asking €305,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €281,911 (€4,475/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 €281,911, adjusted for condition and micro-location, gives a modelled fair value of €327,770 (€5,203/m²), a €22,770 (6.9%) gap versus the €305,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 133ac4 | Subject | €305,000 | €4,841 | — | 73 | 70 |
| Albufeira e Olhos de Água · a8090f | Active | €279,500 | €5,176 | 6.9% | 75 | 65 |
| Albufeira e Olhos de Água · f1093d | Active | €298,000 | €7,450 | 53.9% | 70 | 73 |
| travessa de Santa Eulália | Active | €298,000 | €6,340 | 31.0% | 72 | 63 |
| Albufeira e Olhos de Água · 6a920d | Active | €385,000 | €5,203 | 7.5% | 70 | 73 |
| Median comp | €298,000 | €5,772 | 19.2% | 71 | 69 |
Short-term vacation rental The property is fairly priced at €305,000, reflecting a 6.9% gap to its fair value of €327,770, making it an acceptable investment for short-term rentals in a tourism-driven market. With a gross yield of 3.8%, it presents potential returns aligned with local demand, although the current condition and neighborhood ratings indicate limited upside. Long-term rental While the property’s fair value is €327,770, the listing price of €305,000 positions it as a reasonable option for long-term rental strategies. The gross yield of 3.8% suggests steady cash flow; however, the condition and neighborhood scores may affect tenant quality and retention. Buy-and-hold At a listing price of €305,000, which is close to the fair value of €327,770, this investment holds promise for a buy-and-hold strategy within a popular tourist area. The current yield of 3.8% indicates stable income potential, but the moderate ratings for condition and neighborhood should be factored in for long-term appreciation prospects.
Economic Vulnerability With an economic stability score of 60/100, the area may face challenges that could affect property values and rental incomes.**
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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