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 apartment of 36 m² on the 2nd floor, energy rating C. Located on avenida Francisco Sá Carneiro, 83, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy features: The apartment boasts a high rental potential due to its prime location on Rua da Oura and proximity to Oura Beach, attracting both tourists and long-term tenants.
The valuation. The asking price of €270,000 is significantly above the fair value of €201,271, representing an overpriced status of €68,729 (34.1%). This property does not present a compelling investment opportunity relative to its current valuation.
Fair value modelled at €201,271 from 6 comparable sales in the area. Asking €270,000 sits €68,729 (34.1%) above — overpriced versus fair value.
Asking €270,000 versus the avenida Francisco Sá Carneiro, 83 area baseline of €178,135 (€4,948/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €178,135, adjusted for condition and micro-location, gives a modelled fair value of €201,271 (€5,591/m²), a €68,729 (34.1%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Francisco Sá Carneiro, 83 | Subject | €270,000 | €7,500 | — | 75 | 66 |
| Albufeira e Olhos de Água · 82c749 | Active | €2,850,000 | €45,238 | 503.2% | 62 | 70 |
| Albufeira e Olhos de Água · a8edf6 | Active | €305,000 | €4,841 | 35.4% | 75 | 75 |
| Albufeira e Olhos de Água · f1093d | Active | €298,000 | €7,450 | 0.7% | 70 | 73 |
| Albufeira e Olhos de Água · 3d9889 | Active | €265,000 | €4,818 | 35.8% | 70 | 76 |
| Median comp | €301,500 | €6,146 | 18.1% | 70 | 74 |
Short-term vacation rental The property is positioned near popular tourist areas in the Algarve, which could attract short-term rental demand. However, with a fair value of €201,271, the current listing price of €270,000 suggests a 34.1% premium, indicating it is overpriced compared to rental yield potential of 2.8%. Buy-and-hold Although the location is appealing for long-term investment, the current purchase price far exceeds fair value, leaving little room for appreciation. At a gross yield of only 2.8%, the investment is unlikely to generate favorable returns against prevalent market conditions. Luxury market While the property may seem appealing in a desirable area, its valuation of €270,000 significantly overshoots the fair value, undermining its attractiveness in the luxury segment. The combination of a modest yield and elevated pricing indicates this asset is misaligned with luxury market expectations.
Economic Vulnerability The property has a low economic stability score of 55/100, indicating potential economic challenges that could impact rental income.
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