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, energy rating D. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The apartment includes a spacious balcony with a built-in barbecue, ideal for outdoor entertaining, and offers direct access to lush gardens from the living room. Location Highlights: Situated just minutes from Falésia Beach and close to premier golf courses and amenities, enhancing its appeal as a vacation retreat in the Algarve.
The valuation. The asking price of €530,000 is below the fair value of €575,000 by €45,000 (7.8%), indicating the property is fairly priced relative to the market. This presents a balanced opportunity for serious investors.
Fair value modelled at €575,000 from 5 comparable sales in the area. Asking €530,000 sits €45,000 (7.8%) below — the upside to fair value.
Asking €530,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €520,129 (€4,728/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 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 €520,129, adjusted for condition and micro-location, gives a modelled fair value of €575,000 (€5,227/m²), a €45,000 (7.8%) gap versus the €530,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 51b6c8 | Subject | €530,000 | €4,818 | — | 72 | 65 |
| Albufeira e Olhos de Água · 467e47 | Active | €480,000 | €5,333 | 10.7% | 68 | 63 |
| praceta Pinhal, 37 | Active | €620,000 | €4,806 | 0.2% | 78 | 70 |
| Albufeira e Olhos de Água · 3a723f | Active | €600,000 | €5,825 | 20.9% | 70 | 70 |
| caminho Vale da Azinheira, 26G | Active | €345,000 | €5,227 | 8.5% | 73 | 74 |
| Median comp | €540,000 | €5,280 | 9.6% | 72 | 70 |
Short-term vacation rental The 2-bed apartment in Albufeira, listed at €530,000, presents a potential vacation rental opportunity, but it does not offer significant upside given its fair valuation at €575,000. With a gross yield of 2.8%, investors should be cautious about expected returns in a market already influenced strongly by tourism. Buy-and-hold For investors considering a buy-and-hold strategy, the property's fair value of €575,000 suggests limited room for appreciation over the long term with current pricing at €530,000. With a condition rating of 67/100 and neighborhood quality of 65/100, long-term growth may be constrained by these factors. Family rental The apartment could serve as a family rental, but the net yield of 2.8% aligns with its fair value, indicating that it may not be the best option for maximizing rental income. Additionally, while the neighborhood has low crime rates, the overall ratings show that investor returns could be modest. Not ideal for: Student housing This property is not well-suited for student housing due to its price point and the expectation of yield, which makes it less attractive for the student rental demographic. Additionally, the apartment's specifications do not align with the typical demands of student tenants. Not ideal for: Luxury market Entering the luxury market with this property may not be advisable as it is priced in the mid-range, lacking features that appeal to high-end buyers. Consequently, the potential for substantial returns in this segment appears limited. Not ideal for: Industrial investment Investing in industrial property in this region is not applicable here, as the listed apartment does not fit the profile or requirements for such investments. With its residential nature, the property is completely misaligned with the industrial market's needs.
Economic Vulnerability The economic stability score of 50/100 indicates a potential risk of market volatility affecting tenant demand and rental income stability.
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