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, 1-bathroom studio of 38 m², built in 1989, energy rating D. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The top-floor studio boasts a private balcony perfect for sunbathing with panoramic sea views, ensuring a peaceful retreat in a vibrant tourist area. Location Appeal: Minutes from historic Albufeira, making it ideal for leisure and investment.
The valuation. The asking price of €224,000 exceeds the fair value of €181,795 by €42,205, representing a 23.2% overvaluation. Therefore, this property is considered overpriced.
Fair value modelled at €181,795 from 6 comparable sales in the area. Asking €224,000 sits €42,205 (23.2%) above — overpriced versus fair value.
Asking €224,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €154,407 (€4,063/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €154,407, adjusted for condition and micro-location, gives a modelled fair value of €181,795 (€4,784/m²), a €42,205 (23.2%) gap versus the €224,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 57fd2b | Subject | €224,000 | €5,895 | — | 72 | 72 |
| Albufeira e Olhos de Água · 3d9889 | Active | €265,000 | €4,818 | 18.3% | 70 | 76 |
| rua do Atlântico, 33 | Active | €290,000 | €4,531 | 23.1% | 70 | 65 |
| Albufeira e Olhos de Água · 15e2ba | Active | €285,000 | €4,750 | 19.4% | 60 | 76 |
| Albufeira e Olhos de Água · a8edf6 | Active | €305,000 | €4,841 | 17.9% | 75 | 75 |
| Median comp | €287,500 | €4,784 | 18.8% | 70 | 76 |
Short-term vacation rental The property, priced at €224,000, is significantly above its fair value of €181,795, making it a less appealing option for short-term vacation rentals. With a yield of only 4.5%, its profitability in the competitive tourism market of Albufeira is questionable. Family rental Given the current listing price, the property appears overpriced at €224,000 compared to the fair value of €181,795, which may deter potential long-term family renters. The 75/100 condition and 72/100 neighborhood score may not justify such a premium in the current market. Buy-and-hold The buy-and-hold strategy is compromised as the property is priced above its fair value at €224,000, offering limited potential for appreciation. Coupled with a 4.5% yield, the investment does not align well with the long-term growth expectations in a tourist-heavy region like Albufeira.
Economic vulnerability The economic stability score of 60/100 indicates potential volatility in local economic conditions that could jeopardize long-term returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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