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 110 m², built in 1988, energy rating B. Located on rua Raúl Brandão, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment boasts a private outdoor area with fruit trees and a decorative fountain, providing a perfect space for relaxation and entertainment in Albufeira.
The valuation. The property is asking €395,000, which is €50,268 (11.3%) below the fair value of €445,268, indicating that it is underpriced in the current market.
Fair value modelled at €445,268 from 6 comparable sales in the area. Asking €395,000 sits €50,268 (11.3%) below — the upside to fair value.
Asking €395,000 versus the rua Raúl Brandão area baseline of €350,997 (€3,191/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 €350,997, adjusted for condition and micro-location, gives a modelled fair value of €445,268 (€4,048/m²), a €50,268 (11.3%) gap versus the €395,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Raúl Brandão | Subject | €395,000 | €3,591 | — | 78 | 72 |
| rua Joaquim Magalhães | Active | €515,000 | €4,292 | 19.5% | 80 | 71 |
| Ferreiras · dc14bd | Active | €320,000 | €3,765 | 4.8% | 70 | 76 |
| avenida Sá Carneiro | Active | €290,000 | €4,462 | 24.2% | 74 | 64 |
| rua da Igreja Nr | Active | €369,000 | €3,804 | 5.9% | 74 | 73 |
| Median comp | €344,500 | €4,048 | 12.7% | 74 | 72 |
Short-term vacation rental The property is positioned well in Albufeira, one of the Algarve's key tourist areas, which will help secure strong occupancy rates throughout the year. With a fair value that exceeds the listing price by 11.3%, this investment is likely to yield a robust return from vacation rentals. Buy-and-hold The growing popularity of the Algarve as a tourist destination ensures consistent demand for rental properties, indicating a favorable investment over the long term. With the apartment being subvalued against its fair market value, there is potential for capital appreciation. Value-add renovation Investing in renovations could enhance the property's appeal and condition rating, allowing it to command higher rent and potentially increasing its market value further above the current listing. Given the slight gap to the fair value, strategic improvements could solidify a profit margin upon resale or rental increase.
Economic Vulnerability A score of 65/100 in economic stability indicates a moderate risk of economic downturns affecting the property value and rental income.
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