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, 3-bathroom apartment of 107 m², built in 1998, energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. The apartment features a spacious balcony accessible from the living room, providing spectacular sea views, and is conveniently located near the Cerro Mar Spa Hotel.
The valuation. The asking price of €465,000 sits €66,177 (12.5%) below the fair value of €531,177, indicating that the property is underpriced and presents a compelling investment opportunity. Buy-to-flip angle. A buy-to-flip strategy could leverage the apartment’s modern amenities and condition for a profitable resale, ideally targeting a price above €531,177 for a quick exit. Buy-to-let angle. The estimated gross yield of 3.2% translates to €1,240 per month in rental income, making this property an attractive option for long-term investment in a desirable location.
Fair value modelled at €531,177 from 6 comparable sales in the area. Asking €465,000 sits €66,177 (12.5%) below — the upside to fair value.
Asking €465,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €449,464 (€4,201/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €449,464, adjusted for condition and micro-location, gives a modelled fair value of €531,177 (€4,964/m²), a €66,177 (12.5%) gap versus the €465,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 80002d | Subject | €465,000 | €4,346 | — | 74 | 72 |
| Albufeira e Olhos de Água · 1e63fb | Active | €890,000 | €7,739 | 78.1% | 74 | 75 |
| Albufeira e Olhos de Água · a80384 | Active | €340,000 | €6,667 | 53.4% | 79 | 67 |
| Albufeira e Olhos de Água · 3df476 | Active | €585,000 | €5,087 | 17.1% | 72 | 75 |
| Albufeira e Olhos de Água · be946c | Active | €530,000 | €4,818 | 10.9% | 76 | 63 |
| Median comp | €557,500 | €5,877 | 35.2% | 75 | 71 |
Short-term vacation rental The 2-bed apartment in Albufeira e Olhos de Água is ideally positioned for the short-term vacation rental market, capitalizing on the area's reputation as a tourist hotspot. Given its fair value of €531,177, the asking price of €465,000 presents a strategic opportunity to generate strong rental yields amidst increasing travel demand. Long-term rental With a gross yield of 3.2%, the apartment offers a stable income potential for long-term rental, especially in a desirable neighborhood attracting both locals and expatriates. The fair value indicates a favorable entry point, allowing for potential appreciation while providing a reliable cash flow. Buy-and-hold Investing in this property as a buy-and-hold asset positions an investor favorably given its underpriced nature and the likelihood of value appreciation in the attractive Albufeira market. The solid condition rating of 77/100 and neighborhood score of 72/100 further bolster its prospects for long-term investment success.
Tenant turnover risk The tenant stability score of 70/100 suggests a moderate risk of turnover, which could lead to vacancies and loss of 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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