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 studio of 73 m² on the 2nd floor, built in 2009, energy rating B. Located on praceta dos Aveiros, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This studio includes a private garage and a generous 23 m² balcony, enhancing outdoor living and convenience for residents or guests.
The valuation. The asking price of €315,000 sits €32,062 (9.2%) below the fair value of €347,062. This property is fairly priced given its location and condition.
Fair value modelled at €347,062 from 6 comparable sales in the area. Asking €315,000 sits €32,062 (9.2%) below — the upside to fair value.
Asking €315,000 versus the praceta dos Aveiros area baseline of €297,380 (€4,074/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 €297,380, adjusted for condition and micro-location, gives a modelled fair value of €347,062 (€4,754/m²), a €32,062 (9.2%) gap versus the €315,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta dos Aveiros | Subject | €315,000 | €4,315 | — | 75 | 73 |
| rua Aldeamento Quinta Pedra dos Bicos, 1 | Active | €320,000 | €4,638 | 7.5% | 76 | 71 |
| rua das Alfarrobeiras, 158 | Active | €385,000 | €4,936 | 14.4% | 75 | 66 |
| Albufeira e Olhos de Água · 49b926 | Active | €420,000 | €6,364 | 47.5% | 76 | 72 |
| Albufeira e Olhos de Água · 9567b4 | Active | €350,000 | €4,667 | 8.1% | 80 | 76 |
| Median comp | €367,500 | €4,802 | 11.3% | 76 | 72 |
Short-term vacation rental This property holds potential for short-term vacation rental given its prime location in Albufeira, popular with tourists. However, with a yield of 4.2%, it is essential to consider that the competition may inhibit substantial revenue growth. Long-term rental Offering a gross yield of 4.2%, this property can serve as a stable option for long-term rental, appealing to expats and residents in a sought-after area. Nevertheless, the gap of 9.2% from the fair value indicates that investors should be cautious about future appreciation. Buy-and-hold While the buy-and-hold strategy could be viable due to the property’s location in the Algarve region, the current valuation suggests that it may not significantly appreciate over time. Investors should recognize that its fair value gap and neighborhood ratings imply only moderate growth potential in the long run.
Economic Vulnerability: With an economic stability score of 65/100, there is a risk of fluctuations in the local economy which could impact tenant demand and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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