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 70 m² on the 1st floor, built in 1990, energy rating D. Located on rua António Sérgio, 117, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The apartment boasts a bright, open layout with modern light wood cabinetry and sleek stainless steel appliances, enhancing its contemporary aesthetic in a desirable residential area. Location Benefits: Ideally positioned near transportation and local amenities, ensuring convenience for residents.
The valuation. The asking price of €229,000 is significantly below the fair value of €253,545, indicating a favorable opportunity for investors with a margin of €24,545 (9.7%). This property is positioned as a submarket gem. Buy-to-flip angle. With a condition rating of 75/100 and contemporary upgrades, the apartment is primed for resale. A buy-to-flip strategy could capitalize on its current underpricing for a profit margin after renovations and marketing. Buy-to-let angle. Expected rental income of approximately €897 per month yields 4.7%, making it a viable buy-and-hold investment. The location in a tourism-heavy region diversifies the rental strategy, supporting both short and long-term tenancy.
Fair value modelled at €253,545 from 6 comparable sales in the area. Asking €229,000 sits €24,545 (9.7%) below — the upside to fair value.
Asking €229,000 versus the rua António Sérgio, 117 area baseline of €212,595 (€3,037/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €212,595, adjusted for condition and micro-location, gives a modelled fair value of €253,545 (€3,622/m²), a €24,545 (9.7%) gap versus the €229,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua António Sérgio, 117 | Subject | €229,000 | €3,271 | — | 70 | 68 |
| rua António Sérgio, 117 | Active | €265,000 | €3,155 | 3.6% | 65 | 72 |
| Albufeira e Olhos de Água · 4baae3 | Active | €255,000 | €3,923 | 19.9% | 76 | 63 |
| Albufeira e Olhos de Água · 8004c5 | Active | €250,000 | €3,247 | 0.8% | 75 | 70 |
| rua Vasco Santana, 110 | Active | €275,000 | €4,044 | 23.6% | 70 | 70 |
| Median comp | €260,000 | €3,585 | 9.6% | 73 | 70 |
Short-term vacation rental With a gross yield of 4.7%, the 1-bed apartment in Albufeira e Olhos de Água is well-positioned to capitalize on the high demand for rental properties in the tourist-driven Algarve region. The listing price of €229,000 reflects a 9.7% gap below the fair value of €253,545, making it an appealing option for generating vacation rental income. Buy-and-hold This property presents a reasonable choice for a buy-and-hold strategy due to its subvalorizada status, as the fair value suggests potential appreciation over time. As the economy is driven by tourism, long-term ownership could yield attractive capital growth alongside steady rental income. Long-term rental With a decent condition rating of 75/100 and a favorable neighborhood score of 68/100, this apartment can attract reliable long-term tenants, ensuring consistent rental income. The competitive price of €229,000, which is still below its fair value, enhances its viability for a sustainable long-term rental strategy.
Economic and Tenant Instability The economic stability score of 55/100 suggests potential challenges in the local economy, which, combined with a tenant stability score of 65/100, indicates a risk of fluctuations in rental income and tenant retention.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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