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.
0-bedroom, 1-bathroom apartment of 74 m² on the 1st floor, energy rating C. Located on avenida dos Descobrimentos, 1, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The apartment grants access to unique resort amenities such as Egyptian-themed indoor pool murals and extensive landscaped grounds featuring miniature golf.
The valuation. There are not enough comparable sales in this area yet to establish a reliable fair-value estimate. Buy-to-flip angle. Given its location and condition, the property has strong potential for resale through renovation or wholesale strategies to capitalize on high tourist demand. Buy-to-let angle. The apartment could generate an estimated rental income of around €825/month, leveraging the area's appeal for short-term vacation rentals.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida dos Descobrimentos, 1 | Subject | €220,000 | €2,973 | — | 72 | 73 |
| rua do Município | Active | €150,000 | €2,206 | 25.8% | 60 | 73 |
| avenida dos Descobrimentos | Active | €240,000 | €3,333 | 12.1% | 70 | 73 |
| Albufeira e Olhos de Água · 96c71d | Active | €195,000 | €3,362 | 13.1% | 62 | 72 |
| Albufeira e Olhos de Água · 6f422a | Active | €255,000 | €3,312 | 11.4% | 65 | 70 |
| Median comp | €217,500 | €3,323 | 11.8% | 64 | 73 |
Short-term vacation rental The 0-bed apartment in Albufeira boasts a strong gross yield of 4.5%, making it an attractive option for short-term vacation rentals in a location that thrives on tourism. With a good condition rating of 77/100 and a neighbourhood score of 73/100, the property is well-positioned to attract tourists seeking accommodation in the Algarve. Buy-and-hold Holding this property in Albufeira offers a reliable investment with a gross yield of 4.5%, benefiting from the ongoing demand in the region driven by tourism. The decent condition rating of 77/100 suggests that minimal immediate maintenance will be required, allowing for steady rental income over time. Value-add renovation With a condition score of 77/100, this 0-bed apartment presents an opportunity for value-add renovation, likely increasing its rental income and market appeal. By enhancing its amenities, it could further capitalize on the growing tourism sector in the Algarve, appealing to a wider range of short-term rental clients.
Economic Vulnerability The property faces potential economic instability due to its economic stability score of 65/100, indicating a below-average economic environment that could affect tenant retention and rental income.
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Not enough comparable sales in this area to confidently estimate a fair value.
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