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.
2-bedroom, 2-bathroom apartment of 85 m² on the 2nd floor, energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Feature: This apartment includes a Local Accommodation License, making it an attractive investment opportunity for short-term rentals just 300 meters from the beach.
The valuation. The asking price of €365,000 sits at €144,021 (28.3%) below the fair value of €509,021, indicating that this property is underpriced. This presents a unique opportunity for savvy investors looking for a worthwhile acquisition.
Fair value modelled at €509,021 from 6 comparable sales in the area. Asking €365,000 sits €144,021 (28.3%) below — the upside to fair value.
Asking €365,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €441,763 (€5,197/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €441,763, adjusted for condition and micro-location, gives a modelled fair value of €509,021 (€5,988/m²), a €144,021 (28.3%) gap versus the €365,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · e550c5 | Subject | €365,000 | €4,294 | — | 85 | 71 |
| Albufeira e Olhos de Água · ab71dc | Active | €845,000 | €8,802 | 105.0% | 78 | 71 |
| estrada de Albufeira S / N D | Active | €550,000 | €5,789 | 34.8% | 75 | 73 |
| rua da Falesia | Active | €495,000 | €6,188 | 44.1% | 74 | 74 |
| Albufeira e Olhos de Água · a80384 | Active | €340,000 | €6,667 | 55.3% | 79 | 67 |
| Median comp | €522,500 | €6,428 | 49.7% | 77 | 72 |
Short-term vacation rental The 2-bed apartment in Albufeira e Olhos de Água, priced at €365,000 while the fair value is €509,021, represents a promising opportunity for investors seeking short-term vacation rental properties, especially given the area’s high tourist footfall. With a gross yield of 3.8%, the property is well-placed to capitalize on the tourist-driven economy and stable employment in the region. Buy-and-hold Investors looking for a buy-and-hold strategy will find the property appealing as it is priced 28.3% below its fair value, providing significant upside potential. Additionally, the strong local economy and community amenities support long-term rental prospects, ensuring steady income generation. Family rental The Albufeira property, listed at €365,000 against a fair value of €509,021, is suitable for family rentals, offering a potential long-term lease at a competitive price. With a decent neighborhood rating of 71/100 and good condition at 82/100, this property is likely to appeal to families seeking quality housing in a desirable location.
Economic vulnerability With an economic stability score of 65/100, there is a risk of economic downturns affecting property value and tenant retention due to limited local economic resilience.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
