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 72 m² on the 1st floor, built in 1991, energy rating D. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This fully renovated apartment includes an en suite bedroom for added versatility, and benefits from its proximity to shops and stunning Albufeira beaches within a short walking distance.
The valuation. The asking price of €320,000 sits below the fair value of €343,125, indicating a difference of €23,125 (6.7%). This property may be seen as fairly priced in the current market.
Fair value modelled at €343,125 from 6 comparable sales in the area. Asking €320,000 sits €23,125 (6.7%) below — the upside to fair value.
Asking €320,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €305,099 (€4,237/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 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 €305,099, adjusted for condition and micro-location, gives a modelled fair value of €343,125 (€4,766/m²), a €23,125 (6.7%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 57f70e | Subject | €320,000 | €4,444 | — | 71 | 70 |
| rua do Atlântico, 33 | Active | €290,000 | €4,531 | 2.0% | 70 | 65 |
| avenida da Liberdade, 117 | Active | €295,000 | €6,277 | 41.2% | 80 | 63 |
| Albufeira e Olhos de Água · f14cad | Active | €335,000 | €4,527 | 1.9% | 75 | 63 |
| Albufeira e Olhos de Água · 83137b | Active | €330,000 | €5,000 | 12.5% | 72 | 72 |
| Median comp | €312,500 | €4,766 | 7.2% | 74 | 64 |
Short-term vacation rental The apartment's location in Albufeira e Olhos de Água, a popular tourist area in the Algarve, positions it well for a short-term vacation rental strategy, appealing to holidaymakers. However, with a gross yield of 3.7%, the return may not be as strong as other potential investments in the current market. Buy-and-hold This property presents a reasonable buy-and-hold opportunity given its fair valuation at €320,000 and favorable neighborhood ratings. Nonetheless, investors should be aware of the moderate gross yield of 3.7%, which may impact long-term profitability. Family rental As a family rental, the apartment's size and amenities could attract long-term tenants, particularly in a region with tourist appeal. However, the fair valuation suggests limited room for price appreciation in an investor's portfolio, emphasizing the need for thorough tenant quality assessment in this neighborhood.
Economic vulnerability The economic stability score of 60/100 indicates potential risks in market fluctuations that could impact rental income and property value negatively.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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