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 66 m², energy rating C. Located on rua Vale Mangude, 4, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The apartment boasts a spacious balcony perfect for outdoor dining and leisure, along with built-in closets providing ample storage space in the living areas.
The valuation. The asking price of €279,000 is positioned above the fair value of €252,810 by €26,190 (10.4%). This aligns with a fair assessment of the property’s market standing.
Fair value modelled at €252,810 from 6 comparable sales in the area. Asking €279,000 sits €26,190 (10.4%) above — overpriced versus fair value.
Asking €279,000 versus the rua Vale Mangude, 4 area baseline of €202,941 (€3,075/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €202,941, adjusted for condition and micro-location, gives a modelled fair value of €252,810 (€3,830/m²), a €26,190 (10.4%) gap versus the €279,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Vale Mangude, 4 | Subject | €279,000 | €4,227 | — | 80 | 66 |
| Albufeira e Olhos de Água · 76b3d1 | Active | €220,000 | €3,729 | 11.8% | 76 | 66 |
| rua Álvaro de Campos | Active | €260,000 | €4,000 | 5.4% | 75 | 68 |
| urbanização Quinta da Bolota | Active | €320,000 | €4,051 | 4.2% | 75 | 75 |
| rua dos Mares | Active | €250,000 | €3,731 | 11.7% | 75 | 73 |
| Median comp | €255,000 | €3,866 | 8.6% | 75 | 71 |
Short-term vacation rental Given the tourist-heavy Algarve region, this 1-bed apartment may generate steady income through vacation rentals, though its gross yield of 4.1% reflects the fair pricing. However, competition in the market suggests that maximizing profitability will require effective management strategies. Buy-and-hold While investing in this 1-bed apartment may result in moderate returns over time, the fair valuation indicates that appreciation potential may be limited in the current market. Investors should consider the stable demand from tourists for potential rental income but remain cautious about long-term capital growth. Value-add renovation A value-add renovation strategy could enhance the overall condition and appeal of the apartment, potentially improving rental income in the regional tourist market. However, considering fair value, the cost of renovations must be carefully assessed against likely gains to avoid overextending the investment. Not ideal for student housing This property is not suited for student housing, as the tourist-oriented location and moderate employment prospects outside of the tourism sector do not align well with student needs. Furthermore, the property’s condition and neighborhood rating suggest limited viability for attracting a long-term student tenant base. Not ideal for luxury market The apartment does not meet the standards typically required for the luxury market, given its fair valuation and moderate neighborhood ratings. Investors aiming for high-end returns should avoid this segment, as the location and property features are more aligned with mid-tier offerings. Not ideal for family rental The 1-bed apartment is ill-suited for family rentals, as its layout restricts space for larger households, and the neighborhood lacks significant amenities for family living. Furthermore, rental demand from families might be limited in this tourist-focused area, impacting long-term occupancy rates.
Economic Volatility Risk The economic stability score of 60 indicates a moderately high risk of fluctuations in local economic conditions that could impact rental income and property value negatively. Tenant Turnover Risk With a tenant stability score of 65, there is a significant likelihood of tenant turnover, affecting consistent cash flow and increasing vacancy periods.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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