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 79 m², built in 1992, energy rating E. Located on beco do Forte de São João, 112, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. The apartment features a well-maintained, modern kitchen equipped with high-end appliances and ample storage, complementing its efficient layout while offering communal access to a swimming pool.
The valuation. The asking price of €275,000 sits below the fair value of €318,466, indicating that this property is underpriced by €43,466 (13.6%). Buy-to-flip angle. With the potential for a quick resale at fair market value, targeting renovations could enhance appeal to buyers. Buy-to-let angle. A rental strategy is promising, with an estimated gross yield of 4.7% based on an expected monthly income of €1,077, capitalizing on the area's tourist-friendly amenities.
Fair value modelled at €318,466 from 6 comparable sales in the area. Asking €275,000 sits €43,466 (13.6%) below — the upside to fair value.
Asking €275,000 versus the beco do Forte de São João, 112 area baseline of €254,283 (€3,219/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 €254,283, adjusted for condition and micro-location, gives a modelled fair value of €318,466 (€4,031/m²), a €43,466 (13.6%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| beco do Forte de São João, 112 | Subject | €275,000 | €3,481 | — | 75 | 72 |
| rua Manuel Teixeira Gomes S / N | Active | €265,000 | €4,077 | 17.1% | 73 | 71 |
| rua da Oura | Active | €275,000 | €4,231 | 21.5% | 75 | 72 |
| rua António Silva | Active | €275,000 | €3,986 | 14.5% | 75 | 76 |
| Albufeira e Olhos de Água · 0c05ed | Active | €395,000 | €3,692 | 6.0% | 75 | 67 |
| Median comp | €275,000 | €4,032 | 15.8% | 75 | 72 |
Short-term vacation rental The property is appealing for short-term vacation rentals, given its proximity to the Algarve coast, enhancing its desirability among tourists. With a fair value of €318,466 and a listing price of €275,000, this investment presents a gap of 13.6%, signaling an opportunity for attractive returns in a thriving rental market. Buy-and-hold Investing in this 1-bed apartment for a buy-and-hold strategy is promising due to its solid gross yield of 4.7% along with an acceptable condition rating of 78/100. The neighborhood's favorable attributes combined with the property being priced below its fair value offer long-term growth potential and stability. Family rental As a family rental, this apartment could cater well to residents seeking a home near essential amenities, supported by a neighborhood score of 72/100. The competitive pricing compared to its fair value indicates a beneficial situation for securing reliable tenants in a location that attracts families looking for a comfortable living environment.
Economic Vulnerability The property faces investment risk due to a moderate economic stability score of 65/100, which may indicate potential fluctuations in market demand and tenant retention.
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