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 86 m² on the 2nd floor, built in 1983, energy rating C. Located on estrada de Albufeira, 30, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment features a spacious terrace and pleasant balconies, ideal for outdoor relaxation and family meals, enhancing its appeal in a vibrant, walkable neighborhood.
The valuation. The asking price of €305,000 is below the fair value of €339,851 by €34,851 (10.3%), indicating the property is underpriced. This presents a favorable opportunity for potential investors. Buy-to-flip angle. A resale strategy could capitalize on the property's underpricing for a quick flip within a competitive market, appealing to buyers looking for modern accommodations. Buy-to-let angle. With a gross yield of 4.6% and an estimated rental income of €1,169/month, this property serves as a solid long-term investment in the thriving tourism-driven Algarve region.
Fair value modelled at €339,851 from 6 comparable sales in the area. Asking €305,000 sits €34,851 (10.3%) below — the upside to fair value.
Asking €305,000 versus the estrada de Albufeira, 30 area baseline of €274,599 (€3,193/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €274,599, adjusted for condition and micro-location, gives a modelled fair value of €339,851 (€3,952/m²), a €34,851 (10.3%) gap versus the €305,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada de Albufeira, 30 | Subject | €305,000 | €3,547 | — | 80 | 73 |
| estrada de Albufeira | Active | €410,000 | €3,694 | 4.2% | 72 | 71 |
| Albufeira e Olhos de Água · 5b86c2 | Active | €385,000 | €4,053 | 14.3% | 76 | 64 |
| rua Balaia Golf Village, 137 | Active | €445,000 | €3,904 | 10.1% | 72 | 71 |
| rua Manuel Teixeira Gomes | Active | €380,000 | €4,000 | 12.8% | 74 | 72 |
| Median comp | €397,500 | €3,952 | 11.4% | 73 | 71 |
Short-term vacation rental The property presents a strong opportunity for short-term vacation rentals in a highly touristic area, with a gross yield of 4.6% that aligns well with market expectations. Given its fair value of €339,851 against a listing price of €305,000, it is attractively priced for potential investors aiming to capitalize on the Algarve tourism market. Long-term rental This 2-bed apartment, with its decent condition score of 78/100, makes it a viable candidate for long-term rental strategies, meeting the needs of residents in the area. The reasonable listing price offers an attractive entry point for landlords looking to benefit from the steady demand characteristic of the rental market in Albufeira. Buy-and-hold Investors looking for a buy-and-hold strategy will find this property appealing due to its proximity to tourist attractions and stable rental demand, suggesting strong long-term appreciation potential. The fair value analysis indicates that the listing price is well-positioned to provide a solid foundation for future equity growth in the investor's portfolio.
Economic Instability Risk The economic stability score of 65/100 indicates potential fluctuations in market conditions that could negatively affect 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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