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 115 m², built in 1991, energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: Enjoy exclusive access to premium amenities, including six outdoor swimming pools and a wellness centre, enhancing the luxurious lifestyle in Balaia Golf Village. Location: Just steps from Maria Luísa Beach, surrounded by tranquility and nature.
The valuation. The asking price of €465,000 exceeds the fair value of €419,387 by €45,613, representing an overvaluation of 10.9%. This suggests that potential investors should approach this property with caution. Buy-to-flip angle. With the property priced above market value, a buy-and-flip strategy could be challenging unless significant renovations can enhance appeal, potentially attracting a higher resale price. Buy-to-let angle. The estimated gross yield of 2.8% (~€1,085/month) indicates moderate rental income potential, suitable for long-term leases, particularly in a desirable tourist district.
Fair value modelled at €419,387 from 6 comparable sales in the area. Asking €465,000 sits €45,613 (10.9%) above — overpriced versus fair value.
Asking €465,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €325,979 (€2,835/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 €325,979, adjusted for condition and micro-location, gives a modelled fair value of €419,387 (€3,647/m²), a €45,613 (10.9%) gap versus the €465,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 2d85d3 | Subject | €465,000 | €4,043 | — | 80 | 72 |
| estrada de Albufeira, 30 | Active | €305,000 | €3,547 | 12.3% | 80 | 73 |
| estrada de Albufeira | Active | €410,000 | €3,694 | 8.7% | 72 | 71 |
| Albufeira e Olhos de Água · e8351f | Active | €450,000 | €3,488 | 13.7% | 72 | 72 |
| Albufeira e Olhos de Água · 53cbb8 | Active | €305,000 | €3,765 | 6.9% | 72 | 72 |
| Median comp | €357,500 | €3,621 | 10.5% | 72 | 72 |
Short-term vacation rental The property’s high price of €465,000 exceeds the fair value by 10.9%, making it a less attractive option for short-term vacation rentals despite the strong tourism-driven economic activity in the area. With a gross yield of only 2.8%, the potential returns do not justify the premium pricing in this competitive market. Buy-and-hold Investing in this 2-bed apartment at an asking price of €465,000 does not align with prudent buy-and-hold strategies, given its fair value of €419,387. A market gap of 10.9% suggests that capital appreciation may be limited, impacting overall investment viability over the long term. Family rental While the neighborhood is safe and attractive for families, the property is priced at €465,000, which is above the calculated fair value by 10.9%. This overpricing reduces the rental yield to a low 2.8%, making it a less compelling option for a family rental investment.
Economic vulnerability With an economic stability score of 60/100, the property may be susceptible to economic downturns, impacting rental income and overall investment returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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