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, 1-bathroom apartment of 90 m² on the 1st floor, energy rating G. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The apartment includes a generously sized private terrace with views of the pool and sea, enhancing outdoor relaxation and socializing options.
The valuation. The asking price of €450,000 is just €1,670 (0.4%) above the fair value of €448,330. This property is reasonably priced, reflecting a balanced market position.
Fair value modelled at €448,330 from 6 comparable sales in the area. Asking €450,000 sits €1,670 (0.4%) above — overpriced versus fair value.
Asking €450,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €365,787 (€4,064/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €365,787, adjusted for condition and micro-location, gives a modelled fair value of €448,330 (€4,981/m²), a €1,670 (0.4%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · ec1b36 | Subject | €450,000 | €5,000 | — | 80 | 72 |
| Albufeira e Olhos de Água · 627186 | Active | €485,000 | €4,619 | 7.6% | 73 | 71 |
| Albufeira e Olhos de Água · 15e30b | Active | €249,000 | €4,788 | 4.2% | 78 | 77 |
| Albufeira e Olhos de Água · 8340a3 | Active | €265,000 | €3,681 | 26.4% | 70 | 71 |
| Albufeira e Olhos de Água · 9568de | Active | €340,000 | €6,071 | 21.4% | 85 | 74 |
| Median comp | €302,500 | €4,704 | 5.9% | 76 | 73 |
Short-term vacation rental The potential yield of 3.4% gross reflects a balanced investment in Albufeira's tourism-driven market, aligning with seasonal demand for vacation accommodation. However, the property's fair value status suggests it may not offer the best price advantage compared to other options available. Buy-and-hold Holding the 2-bed apartment in Albufeira can provide stable returns given the region's strong tourist appeal and consistent rental demand. Yet, the minimal gap from fair value indicates that immediate appreciation may be limited, meriting caution for long-term investors seeking significant value growth. Family rental As a family rental, this apartment benefits from adequate neighborhood ratings and the overall strong economic backdrop of the Algarve region. Despite its suitability, the property's valuation at fair value does imply that further negotiations may be needed to enhance potential returns for landlords targeting family tenants.
Economic Vulnerability The economic stability score of 60/100 suggests a potential risk of economic downturns affecting tenant retention and rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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