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, 1-bathroom apartment of 181 m², energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Unique Feature: This apartment is part of a prestigious 4-star hotel complex, offering exclusive amenities like a health club, mini-golf, and access to both indoor and outdoor pools. Condition Notes: Despite displaying some signs of wear, the finishes are above average and the space is well-designed for comfort.
The valuation. The asking price of €500,000 sits below the fair value of €546,287, indicating that the property is priced fairly at 8.5% under its market value. Buy-to-flip angle. The resale strategy involves capitalizing on the strong tourist demand in Albufeira, targeting quick resales to short-term vacationers. Buy-to-let angle. With an estimated rental income of €1,917 per month, the gross yield of 4.6% suggests solid returns for a long-term rental strategy in this desirable location.
Fair value modelled at €546,287 from 6 comparable sales in the area. Asking €500,000 sits €46,287 (8.5%) below — the upside to fair value.
Asking €500,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €465,561 (€2,572/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 is below the parish average, reducing 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 €465,561, adjusted for condition and micro-location, gives a modelled fair value of €546,287 (€3,018/m²), a €46,287 (8.5%) gap versus the €500,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 096e88 | Subject | €500,000 | €2,762 | — | 68 | 70 |
| rua das Telecomunicações, 25 | Active | €275,000 | €3,090 | 11.9% | 70 | 75 |
| avenida da Liberdade | Active | €375,000 | €3,178 | 15.0% | 72 | 80 |
| Albufeira e Olhos de Água · 6f422a | Active | €255,000 | €3,312 | 19.9% | 65 | 70 |
| rua de Dunfermline | Active | €330,000 | €2,946 | 6.7% | 71 | 64 |
| Median comp | €302,500 | €3,134 | 13.5% | 71 | 73 |
Short-term vacation rental The property is fairly priced given its strong potential for short-term vacation rentals in the popular Algarve area, leveraging the high tourist demand. With a gross yield of 4.6%, the return on investment aligns closely with the property's fair value. Long-term rental As the property is fairly priced, it can still attract long-term tenants due to the appealing location near Albufeira and the general quality of the neighbourhood. The gross yield of 4.6% indicates a steady income potential, albeit limited by the property being initially considered at fair value. Buy-and-hold Acquiring this property for a buy-and-hold strategy makes sense in a thriving market like Albufeira, especially with the fair valuation aligned with growth potential. Although the yield is modest at 4.6%, holding the property could yield increased appreciation in an attractive location for future years.
Economic Vulnerability The economic stability score of 55/100 indicates a moderate risk of economic downturns that could affect rental income and property values.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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