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.
4-bedroom, 3-bathroom apartment of 137 m² on the 1st floor, energy rating B. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment includes a private terrace for outdoor relaxation and extensive built-in wooden wardrobes, enhancing both storage and aesthetic appeal throughout the living spaces.
The valuation. The asking price of €415,000 is positioned slightly below the fair value of €442,255, showing a difference of €27,255 or 6.2%. This suggests that the property is fairly valued in the current market context.
Fair value modelled at €442,255 from 6 comparable sales in the area. Asking €415,000 sits €27,255 (6.2%) below — the upside to fair value.
Asking €415,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €324,935 (€2,372/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €324,935, adjusted for condition and micro-location, gives a modelled fair value of €442,255 (€3,228/m²), a €27,255 (6.2%) gap versus the €415,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 9c7b22 | Subject | €415,000 | €3,029 | — | 82 | 67 |
| Albufeira e Olhos de Água · 2ce06c | Active | €849,000 | €3,228 | 6.6% | 90 | 74 |
| largo das Ilhas | Active | €549,000 | €4,037 | 33.3% | 74 | 76 |
| Albufeira e Olhos de Água · 28b759 | Active | €699,000 | €2,514 | 17.0% | 82 | 70 |
| beco da Correeira, 200 | Active | €849,000 | €3,228 | 6.6% | 94 | 70 |
| Median comp | €774,000 | €3,228 | 6.6% | 86 | 72 |
Short-term vacation rental This property, located in the tourist-heavy Algarve region, has a gross yield of 4.9%, making it an attractive option for short-term vacation rentals despite the fair value assessment. With a neighbourhood rating of 67/100, it benefits from essential amenities and a solid demand driven by tourism. Buy-and-hold The current listing price is €415,000, which is close to the fair value of €442,255, suggesting that this property could perform decently over time in a stable market. Although not significantly undervalued, its strong structural condition and favorable location support a long-term hold strategy. Family rental Given the property’s solid condition rating of 80/100 and its substantial living space of 137m², it stands as a reasonable choice for family rentals despite the fair value alignment. The area's connection to tourism ensures potential tenant demand, even if it does not cater specifically to high-end luxury families. Not ideal for Student housing, Luxury market, Long-term rental
Economic Vulnerability Given the economic stability score of 60/100, there may be potential declines in rental income due to economic downturns affecting tenant demand and occupancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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