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, 2-bathroom apartment of 101 m² on the 2nd floor, energy rating E. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The apartment boasts two balconies, enhancing outdoor living with scenic views, and includes a garage parking space and additional storage room for added convenience.
The valuation. The asking price of €340,000 is significantly above the fair value of €298,379, resulting in an overpricing of €41,621 (13.9%). This premium suggests a lack of competitive positioning relative to the market.
Fair value modelled at €298,379 from 6 comparable sales in the area. Asking €340,000 sits €41,621 (13.9%) above — overpriced versus fair value.
Asking €340,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €214,741 (€2,126/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €214,741, adjusted for condition and micro-location, gives a modelled fair value of €298,379 (€2,954/m²), a €41,621 (13.9%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 53caef | Subject | €340,000 | €3,366 | — | 78 | 70 |
| Albufeira e Olhos de Água · ac9820 | Active | €350,000 | €3,889 | 15.5% | 75 | 61 |
| rua Balaia Golf Village, 727 | Active | €529,000 | €2,727 | 19.0% | 75 | 74 |
| rua Vasco Santana, 110 | Active | €275,000 | €4,044 | 20.1% | 70 | 70 |
| Albufeira e Olhos de Água · 6d54c8 | Active | €445,000 | €2,908 | 13.6% | 73 | 71 |
| Median comp | €397,500 | €3,399 | 1.0% | 74 | 71 |
Short-term vacation rental This property is priced at €340,000, which is 13.9% above its fair value of €298,379, making it less attractive for short-term rental investors. Given the 4% gross yield and strong tourism-driven economy in the Algarve, the property may struggle to provide a compelling return in this saturated market. Long-term rental The 1-bed apartment in Albufeira is overvalued at €340,000, leading to an unattractive potential yield for long-term rental investors. With the fair value set at €298,379, the pricing does not support sustainable cash flow despite a reasonable neighborhood score of 70/100. Family rental At a listing price of €340,000, the property is overpriced compared to its fair value of €298,379, limiting its appeal for family renting situations. While the condition rating of 81/100 suggests good upkeep, the high price could deter families looking for value-oriented housing options.
Economic Vulnerability The property has a moderate economic stability score of 60, indicating potential challenges in maintaining rental income. Tenant Vulnerability With a tenant stability score of 65, there may be a risk of turnover and vacancy, impacting long-term revenue.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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