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, 2-bathroom apartment of 65 m² on the 2nd floor, built in 2006, energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The apartment boasts a south-facing balcony that enhances outdoor living and is located within the sought-after Vilanova Tourist Condominium, providing a blend of comfort and investment potential.
The valuation. The asking price of €215,000 sits €12,470 (6.2%) above the fair value of €202,530. The property is therefore valued fairly according to the market.
Fair value modelled at €202,530 from 6 comparable sales in the area. Asking €215,000 sits €12,470 (6.2%) above — overpriced versus fair value.
Asking €215,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €170,999 (€2,631/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 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 €170,999, adjusted for condition and micro-location, gives a modelled fair value of €202,530 (€3,116/m²), a €12,470 (6.2%) gap versus the €215,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 133b02 | Subject | €215,000 | €3,308 | — | 70 | 70 |
| Albufeira e Olhos de Água · 6f422a | Active | €255,000 | €3,312 | 0.1% | 65 | 70 |
| rua António Sérgio, 117 | Active | €265,000 | €3,155 | 4.6% | 65 | 72 |
| Albufeira e Olhos de Água · 6f4083 | Active | €299,000 | €3,518 | 6.3% | 68 | 78 |
| via do Infante | Active | €320,000 | €3,077 | 7.0% | 66 | 73 |
| Median comp | €282,000 | €3,234 | 2.2% | 66 | 73 |
Long-term rental This property is in a popular tourist area, reflecting a fair market price of €215,000 compared to a fair value of €202,530, which indicates a modest 6.2% gap. With a gross yield of 5.1% and a tenant quality supported by regional amenities, it could attract consistent long-term renters, but returns may be limited given current pricing. Short-term vacation rental Positioned within a sought-after tourist zone, this property presents a reasonable investment at €215,000 against a fair value of €202,530, resulting in a 6.2% premium. The location’s proximity to beaches strengthens its appeal for short-term vacation rentals, although the current yield of 5.1% suggests financial performance may be constrained. Buy-and-hold While the property sits at a fair price of €215,000, slightly above the fair value of €202,530, the potential for appreciation in the vicinity is feasible given the location's attractiveness. The 5.1% yield coupled with a decent condition score of 67 indicates moderate returns over time, but the premium pricing suggests caution for long-term holds.
Economic Vulnerability The economic stability score of 60 indicates a heightened risk of market fluctuations that could impact property values and rental demand.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
