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 65 m² on the 2nd floor, built in 1993, energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment includes access to a communal swimming pool, enhancing leisure opportunities while offering a refreshing escape just steps from your door.
The valuation. The asking price of €249,000 sits €18,389 (6.9%) below the fair value of €267,389, indicating that this property is priced fairly within the current market context.
Fair value modelled at €267,389 from 6 comparable sales in the area. Asking €249,000 sits €18,389 (6.9%) below — the upside to fair value.
Asking €249,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €222,058 (€3,416/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 €222,058, adjusted for condition and micro-location, gives a modelled fair value of €267,389 (€4,114/m²), a €18,389 (6.9%) gap versus the €249,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 76b470 | Subject | €249,000 | €3,831 | — | 78 | 64 |
| urbanização Quinta da Bolota | Active | €320,000 | €4,051 | 5.7% | 75 | 75 |
| Albufeira e Olhos de Água · 38b6fa | Active | €290,000 | €4,143 | 8.1% | 80 | 69 |
| Albufeira e Olhos de Água · 3df490 | Active | €275,000 | €4,231 | 10.4% | 72 | 71 |
| rua dos Bares | Active | €275,000 | €4,167 | 8.8% | 74 | 73 |
| Median comp | €282,500 | €4,155 | 8.5% | 75 | 72 |
Short-term vacation rental The property in Albufeira e Olhos de Água is well-positioned for short-term vacation rentals due to its strong tourist appeal, especially in the summer months. However, with a gross yield of 5.1% and a fair value closely aligned with its listing price, the investment may not present a significant profit potential compared to other options. Long-term rental While the area has a decent attraction for long-term rentals, the current condition and neighborhood rating indicate that tenant quality may not be optimal. With a fair valuation close to the listing price, the potential for solid returns in the long-term rental market is limited and doesn't offset the current pricing.
Economic downturn risk The economic stability score of 60 suggests a moderate risk of unfavorable economic conditions that could adversely impact property values and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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