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 75 m², built in 1993, energy rating D. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment features extensive use of high-quality materials and modern aesthetics, ensuring a stylish yet functional living space, perfect for contemporary lifestyle needs.
The valuation. The asking price of €295,000 sits slightly below the fair value of €306,430, making it well-aligned with the current market conditions. The difference of €11,430 (3.7%) suggests a balanced investment opportunity.
Fair value modelled at €306,430 from 6 comparable sales in the area. Asking €295,000 sits €11,430 (3.7%) below — the upside to fair value.
Asking €295,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €235,682 (€3,142/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 €235,682, adjusted for condition and micro-location, gives a modelled fair value of €306,430 (€4,086/m²), a €11,430 (3.7%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 57fd64 | Subject | €295,000 | €3,933 | — | 80 | 76 |
| Albufeira e Olhos de Água · 3d99b5 | Active | €290,000 | €4,085 | 3.8% | 72 | 68 |
| beco José Ramos Pimenta S / N | Active | €188,000 | €4,087 | 3.9% | 82 | 62 |
| rua Vitorino Nemésio, 128 | Active | €239,000 | €4,780 | 21.5% | 75 | 73 |
| Albufeira e Olhos de Água · 82c66e | Active | €345,000 | €4,157 | 5.7% | 85 | 79 |
| Median comp | €264,500 | €4,122 | 4.8% | 79 | 71 |
Short-term vacation rental The property presents a fair opportunity for a short-term vacation rental given its gross yield of 4.3% and its proximity to tourist attractions in the Algarve. However, the local tourism influences mean competition is intense, and while the property is priced fairly, it does not stand out as a unique investment in this segment. Buy-and-hold Investing in this property as a buy-and-hold strategy could lead to stable rental income and potential appreciation, although it is priced fairly at €295,000 when compared to the fair value of €306,430. Given the condition rating of 82/100, the property is likely to retain its appeal within the neighborhood over time, yet growth will be moderate. Family rental As a family rental, this apartment in Albufeira e Olhos de Água could be competitive due to the decent condition score of 82/100, making it attractive for local families. However, given that the neighborhood primarily serves a local community rather than an international market, the fair pricing indicates limited investment upside in this strategy.
Tenant turnover risk High tenant stability score of 80 suggests good current tenant satisfaction, but the economic stability score of 70 indicates potential vulnerabilities in the local economy that could lead to increased tenant turnover in the future.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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