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, 3-bathroom apartment of 263 m², energy rating A. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This residence boasts a sophisticated rooftop terrace with a jacuzzi, mobile barbecue, and panoramic views, complemented by premium home automation throughout the apartment.
The valuation. The asking price of €849,000 sits €51,662 (6.5%) above the fair value of €797,338, indicating that the property is fairly priced in the current market conditions.
Fair value modelled at €797,338 from 6 comparable sales in the area. Asking €849,000 sits €51,662 (6.5%) above — overpriced versus fair value.
Asking €849,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €563,533 (€2,143/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €563,533, adjusted for condition and micro-location, gives a modelled fair value of €797,338 (€3,032/m²), a €51,662 (6.5%) gap versus the €849,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 2ce06c | Subject | €849,000 | €3,228 | — | 90 | 74 |
| Albufeira e Olhos de Água · 28b759 | Active | €699,000 | €2,514 | 22.1% | 82 | 70 |
| rua Joaquim Magalhães S / N | Active | €685,000 | €2,965 | 8.1% | 82 | 77 |
| Albufeira e Olhos de Água · 57fc5c | Active | €790,000 | €3,098 | 4.0% | 80 | 80 |
| Albufeira e Olhos de Água · 001855 | Active | €655,000 | €3,722 | 15.3% | 78 | 65 |
| Median comp | €692,000 | €3,032 | 6.1% | 81 | 74 |
Short-term vacation rental While the property is in a prime tourist location in the Algarve, the yield of 0% suggests it may not be generating any rental income currently. With a fair value gap of only 6.5%, the investment does not present a strong upside for short-term vacation rentals, suggesting it is fairly priced. Long-term rental The apartment's condition rating of 84/100 and the neighbourhood score of 74/100 indicate that it could attract tenants seeking a comfortable living environment. However, given the stagnant yield of 0%, it reflects a fair valuation without the potential for significant return on investment through long-term renting. Buy-and-hold Investing in this property as a buy-and-hold strategy may not yield high returns, as evidenced by the 0% gross yield and limited upside from its current pricing. While it is a fair investment in terms of market position, expecting substantial appreciation over time could be optimistic in this scenario.
Economic Vulnerability The economic stability score of 65 indicates potential fluctuations in demand and income, which may impact long-term rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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