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 52 m² on the 1st floor, energy rating B. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Feature: The apartment includes a closed balcony, providing additional living space and expansive views, enhancing the overall enjoyment of the home in a vibrant Albufeira location.
The valuation. The asking price of €210,000 is slightly below the fair value of €221,753, representing a modest deviation of €11,753 (5.3%). This property is considered priced fairly for the market. Buy-to-flip angle. A buy-to-flip strategy may yield potential for a profitable resale, particularly by enhancing the aesthetic appeal and upgrading standard builder-grade materials within the property. This approach taps into the strong tourism-driven demand in the area. Buy-to-let angle. The apartment offers a gross yield of 4.7%, with estimated rental income of €822 per month, consistent with seasonal tourism trends. This makes it an attractive option for a buy-and-hold rental strategy targeting vacationers in the Algarve.
Fair value modelled at €221,753 from 6 comparable sales in the area. Asking €210,000 sits €11,753 (5.3%) below — the upside to fair value.
Asking €210,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €198,170 (€3,811/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 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 €198,170, adjusted for condition and micro-location, gives a modelled fair value of €221,753 (€4,264/m²), a €11,753 (5.3%) gap versus the €210,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 76b2d1 | Subject | €210,000 | €4,038 | — | 64 | 63 |
| Albufeira e Olhos de Água · 788201 | Active | €279,900 | €4,057 | 0.4% | 74 | 72 |
| avenida Sá Carneiro | Active | €157,000 | €4,243 | 5.1% | — | 62 |
| Albufeira e Olhos de Água · 3a711d | Active | €300,000 | €4,286 | 6.1% | 60 | 72 |
| avenida Sá Carneiro | Active | €290,000 | €4,462 | 10.5% | 74 | 64 |
| Median comp | €284,950 | €4,265 | 5.6% | 74 | 68 |
Short-term vacation rental The property aligns with the high tourist demand in the Algarve; however, the current listing of €210,000 is close to fair value, leaving little room for appreciation. The 4.7% gross yield suggests moderate returns, but seasonal fluctuations may affect consistent rental income. Buy-and-hold With a fair valuation of €221,753 and a stable gross yield of 4.7%, the property could provide steady returns over time despite its overpriced status. However, potential appreciation is limited given the current market conditions and reliance on tourism. Family rental While the property is in a reasonable condition and located in a tourist-heavy region, its fair status at €210,000 suggests that it may not yield significant long-term appreciation or cash flow for family rentals. The neighborhood rating of 63/100 indicates moderate quality, which might limit its appeal to potential long-term tenants.
Economic Decline Risk The economic stability score of 60/100 indicates a potential for economic downturns that could negatively impact rental income and property value.
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