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, 2-bathroom apartment of 126 m², built in 2006, energy rating B. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Notable Features: This apartment offers impressive sea views from its south-oriented living spaces, while the high-quality finishes and well-maintained appliances enhance the overall living experience.
The valuation. The asking price of €370,000 is almost equal to the fair value of €370,091, indicating a minimal variance of just €91 (0.0%). This property is considered fairly valued in the current market. Buy-to-flip angle. The buy-to-flip strategy focuses on enhancing the apartment's appeal through cosmetic renovations and marketing it as a short-term vacation rental, prioritizing proximity to high-demand coastal areas. Buy-to-let angle. As a buy-to-let investment, the property could generate an estimated rental income of €1,326/month, translating to a gross yield of 4.3%, appealing for long-term family rentals in a mixed neighborhood.
Fair value modelled at €370,091 from 6 comparable sales in the area. Asking €370,000 sits €91 (0.0%) below — the upside to fair value.
Asking €370,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €266,328 (€2,114/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €266,328, adjusted for condition and micro-location, gives a modelled fair value of €370,091 (€2,937/m²), a €91 (0.0%) gap versus the €370,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · e834e2 | Subject | €370,000 | €2,937 | — | 75 | 73 |
| Albufeira e Olhos de Água · 001855 | Active | €655,000 | €3,722 | 26.7% | 78 | 65 |
| rua Joaquim Magalhães S / N | Active | €685,000 | €2,965 | 1.0% | 82 | 77 |
| rua do Município S / N N1 | Active | €540,000 | €2,432 | 17.2% | 82 | 73 |
| Albufeira e Olhos de Água · d1dce2 | Active | €480,000 | €2,909 | 0.9% | 72 | 73 |
| Median comp | €597,500 | €2,937 | 0% | 80 | 73 |
Short-term vacation rental The property in Albufeira e Olhos de Água is positioned within a desirable coastal area, making it a competitive option for short-term vacation rentals. The gross yield of 4.3% reflects a balanced return, aligning with the fair valuation of €370,000, indicating stable demand but no pricing advantage. Buy-and-hold Holding onto this 2-bed apartment may offer moderate long-term growth given the fair valuation and a solid condition rating of 79/100. The consistent demand in the southern coastal region supports its viability as a long-term investment without suggesting immediate gains from current market pricing. Family rental The neighborhood's overall rating of 73/100 makes this property suitable for family rentals, appealing to those seeking larger living spaces. However, with the pricing positioned at a fair value and no significant upside potential, rental income would be steady but not exceptional compared to investments perceived as undervalued.
Economic Volatility Risk The property is in an area with an economic stability score of 60/100, indicating potential vulnerability to market fluctuations that could impact rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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