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 91 m² on the 3rd floor, energy rating F. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The apartment includes two balconies offering distinct views and is located within a condominium that prioritizes accessibility with features designed for reduced mobility.
The valuation. The asking price of €320,000 sits €48,015 (13.0%) below the fair value of €368,015. This property is considered underpriced relative to its market potential.
Fair value modelled at €368,015 from 6 comparable sales in the area. Asking €320,000 sits €48,015 (13.0%) below — the upside to fair value.
Asking €320,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €293,029 (€3,220/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €293,029, adjusted for condition and micro-location, gives a modelled fair value of €368,015 (€4,044/m²), a €48,015 (13.0%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 800217 | Subject | €320,000 | €3,516 | — | 75 | 68 |
| Albufeira e Olhos de Água · 8340a3 | Active | €265,000 | €3,681 | 4.7% | 70 | 71 |
| rua Vasco Santana, 110 | Active | €275,000 | €4,044 | 15.0% | 69 | 70 |
| estrada de Santa Eulália | Active | €265,000 | €4,077 | 15.9% | 78 | 69 |
| Albufeira e Olhos de Água · 6c7901 | Active | €425,000 | €3,972 | 13.0% | 74 | 72 |
| Median comp | €270,000 | €4,008 | 14.0% | 72 | 71 |
Short-term vacation rental The apartment's close proximity to the coast in Algarve makes it a compelling candidate for short-term vacation rentals, capitalizing on the region's robust tourism-driven economy. Given its fair value of €368,015 compared to the listing price of €320,000, there is a clear opportunity to generate strong returns from holidaymakers seeking accommodations. Buy-and-hold Investing in this property for a buy-and-hold strategy stands to benefit from the healthy valuation gap of 13.0%, indicating a solid growth potential in the long term. The combination of a gross yield of 3.8% and favorable market conditions positions it as a reasonable investment for sustained asset appreciation. Family rental This property is suitable for family rentals in a neighborhood with a decent condition score of 79/100, appealing to tenants looking for quality living spaces. Given the strategic location and favorable fair value situation, it is likely to attract long-term tenants seeking stable residence in a low-crime area. Not ideal for: Luxury market The apartment does not align with the expectations of the luxury market, where prices and amenities tend to diverge significantly from the current offering. Its features may not suffice for high-end clients, potentially limiting its appeal in that segment. Not ideal for: Student housing The characteristics of this property do not align well with the needs of students, who typically seek more affordable and communal living arrangements. Given its price point and size, it may not attract the student demographic effectively. Not ideal for: Industrial investment An industrial investment approach would be inappropriate given this property's residential nature, which lacks the necessary characteristics for industrial use. The local economic landscape is more suited to residential and tourism-focused ventures rather than industrial applications.
Economic Vulnerability With an economic stability score of 55/100, there is a higher risk of economic downturns affecting property value and tenant availability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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