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 59 m² on the 3rd floor, built in 1982, energy rating D. Located on rua Coronel Águas, 43, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This apartment includes two private terraces, one south-facing with sea views, ideal for outdoor living and relaxation, and a north-facing terrace with practical storage space.
The valuation. The asking price of €310,000 exceeds the fair value of €277,177 by €32,823 (11.8%). This property is overpriced, implying potential difficulties in achieving a profitable return if purchased at this price.
Fair value modelled at €277,177 from 6 comparable sales in the area. Asking €310,000 sits €32,823 (11.8%) above — overpriced versus fair value.
Asking €310,000 versus the rua Coronel Águas, 43 area baseline of €228,733 (€3,877/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 €228,733, adjusted for condition and micro-location, gives a modelled fair value of €277,177 (€4,698/m²), a €32,823 (11.8%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Coronel Águas, 43 | Subject | €310,000 | €5,254 | — | 82 | 76 |
| Albufeira e Olhos de Água · ba573d | Active | €219,000 | €4,563 | 13.2% | 75 | 71 |
| Albufeira e Olhos de Água · f14cad | Active | €335,000 | €4,527 | 13.8% | 75 | 63 |
| Albufeira e Olhos de Água · 956eb7 | Active | €219,000 | €4,563 | 13.2% | 74 | 75 |
| avenida D | Active | €299,000 | €4,902 | 6.7% | 73 | 75 |
| Median comp | €259,000 | €4,563 | 13.2% | 75 | 73 |
Short-term vacation rental Given the property's 3.5% gross yield, it is not positioned favorably for short-term vacation rental investment, especially given the overpricing of €310,000 against a fair value of €277,177. The fluctuations in the tourism market could further challenge returns in this overpriced sector. Buy-and-hold Investing in this property as a buy-and-hold strategy looks problematic due to its overpriced nature and the fair value gap of 11.8%. The limited economic diversification of the area could hinder long-term appreciation expectations, compounding the risks of this investment approach. Luxury market This apartment's characteristics do not align with the luxury market due to its pricing of €310,000, which is above fair value, making it less attractive to high-end buyers. The combination of condition ratings and neighborhood benchmark scores indicates that it lacks the premium qualities typically demanded in the luxury segment.
Economic Vulnerability The economic stability score of 65/100 indicates potential fluctuations in the local market, which could affect rental income despite a high tenant stability score of 80/100.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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