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.
3-bedroom, 0-bathroom apartment of 193 m², energy rating D. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The apartment boasts arched balconies that provide uninterrupted views of the manicured garden, enhancing the open-air living experience typical of luxury resort properties.
The valuation. The asking price of €1,395,000 is significantly above the fair value of €872,976, marking an overpricing of €522,024 (59.8%). Given the substantial premium, this property cannot be justified as a viable investment opportunity.
Fair value modelled at €872,976 from 6 comparable sales in the area. Asking €1,395,000 sits €522,024 (59.8%) above — overpriced versus fair value.
Asking €1,395,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €741,455 (€3,842/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €741,455, adjusted for condition and micro-location, gives a modelled fair value of €872,976 (€4,523/m²), a €522,024 (59.8%) gap versus the €1,395,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · e3aafa | Subject | €1,395,000 | €7,228 | — | 78 | 65 |
| rua José Bernardino de Sousa | Active | €299,500 | €4,680 | 35.3% | 75 | 58 |
| Albufeira e Olhos de Água · 5e60c7 | Active | €420,000 | €4,078 | 43.6% | 75 | 75 |
| Albufeira e Olhos de Água · 23f514 | Active | €380,000 | €3,486 | 51.8% | 75 | 66 |
| Albufeira e Olhos de Água · 51b60c | Active | €245,000 | €4,455 | 38.4% | 75 | 74 |
| Median comp | €339,750 | €4,267 | 41.0% | 75 | 70 |
Short-term vacation rental The property is overpriced at €1,395,000, making it an inefficient choice for a short-term vacation rental, especially given the 0% yield. Additionally, despite being in a desirable tourist region, the significant gap from fair value at €872,976 indicates that potential rental income may not justify the investment. Buy-and-hold Investing in this property as a buy-and-hold strategy is unadvisable due to its overpriced status, with a 59.8% gap from the fair value of €872,976. The low condition score of 77/100 further suggests long-term maintenance costs that could outweigh any potential appreciation in property value. Family rental The family rental market would likely not favor this property, priced at €1,395,000, as it is substantially above its fair value of €872,976. With a gross yield of 0% and a neighborhood score of only 65/100, the potential for consistent rental income for families seems limited and risky.
Economic Sensitivity Risk: With both Economic and Tenant Stability scores at 60/100, the property may be vulnerable to economic downturns, increasing the likelihood of tenant turnover and rent payment issues.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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