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 63 m² on the 2nd floor, built in 1986, energy rating D. Located on rua de Dunfermline, 13, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment boasts high-quality integrated appliances in the kitchen and a balcony enhanced with artificial grass, creating an inviting outdoor living space.
The valuation. The asking price of €275,000 is €29,273 (9.6%) below the fair value of €304,273, indicating that the property is subpriced in the current market. This presents an attractive opportunity for potential investors. Buy-to-flip angle. With a recent renovation and upgraded mid-range quality, the property is well-positioned for a quick resale strategy. Targeting a sale price above €275,000 could yield a profitable flip in a strong tourist market. Buy-to-let angle. The expected rental income of approximately €1,008/month translates to a gross yield of 4.4%. This income potential reinforces the property's attractiveness for long-term holding in a demand-driven rental market.
Fair value modelled at €304,273 from 6 comparable sales in the area. Asking €275,000 sits €29,273 (9.6%) below — the upside to fair value.
Asking €275,000 versus the rua de Dunfermline, 13 area baseline of €261,454 (€4,150/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €261,454, adjusted for condition and micro-location, gives a modelled fair value of €304,273 (€4,830/m²), a €29,273 (9.6%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Dunfermline, 13 | Subject | €275,000 | €4,365 | — | 74 | 64 |
| Albufeira e Olhos de Água · 57fd2b | Active | €224,000 | €5,895 | 35.0% | 72 | 72 |
| Albufeira e Olhos de Água · 3d9889 | Active | €265,000 | €4,818 | 10.4% | 70 | 76 |
| praceta Jaime Cortesão, 1 | Active | €268,000 | €4,467 | 2.3% | 74 | 74 |
| Albufeira e Olhos de Água · a8edf6 | Active | €305,000 | €4,841 | 10.9% | 75 | 75 |
| Median comp | €266,500 | €4,830 | 10.6% | 73 | 75 |
Short-term vacation rental This 1-bed apartment in Albufeira e Olhos de Água is well-suited for short-term vacation rentals, capitalizing on the area's tourist appeal and seasonal economic stability. With a competitive gross yield of 4.4% and a fair value gap of 9.6%, it presents a compelling opportunity for investors to capture significant rental income. Long-term rental Investing in this property for long-term rental is a viable strategy, leveraging the apartment's location in an attractive neighborhood that boasts decent amenities and tenant quality ratings. The favorable fair value gap of 9.6% indicates that the property is financially sound for generating consistent rental income over time. Buy-and-hold The buy-and-hold strategy for this apartment is backed by its strong tourism-driven demand and potential for appreciation over time. As it is currently priced at a discount to fair value with a 9.6% gap, this asset presents an exceptional opportunity for future capital growth while generating passive income through rentals.
Economic vulnerability The economic stability score of 55/100 indicates a higher potential risk of economic downturns affecting property value and tenant demand.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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