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, 1-bathroom apartment of 104 m², built in 2003, energy rating E. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy features: The apartment's large balcony offers direct views of Albufeira Marina, perfect for enjoying sunsets and marine activity while dining outdoors. Condition notes: Although well-maintained, cosmetic updates to the kitchen and bathroom are recommended.
The valuation. The asking price of €440,000 sits €49,411 (12.7%) above the fair value of €390,589. This property is considered overpriced in the current market. Buy-to-flip angle. A buy-to-flip strategy could capitalize on renovations to the living spaces while addressing dated utility areas, aiming for a resale price that aligns more closely with the market average. Buy-to-let angle. With an estimated rental income of €1,247/month, the gross yield stands at 3.4%, making it a viable option for long-term rentals in a high-demand tourist region like Albufeira.
Fair value modelled at €390,589 from 6 comparable sales in the area. Asking €440,000 sits €49,411 (12.7%) above — overpriced versus fair value.
Asking €440,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €312,440 (€3,004/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 €312,440, adjusted for condition and micro-location, gives a modelled fair value of €390,589 (€3,756/m²), a €49,411 (12.7%) gap versus the €440,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 0acfca | Subject | €440,000 | €4,231 | — | 74 | 77 |
| Albufeira e Olhos de Água · d05a43 | Active | €249,000 | €3,831 | 9.5% | 75 | 70 |
| beco do Forte de São João, 112 | Active | €275,000 | €3,481 | 17.7% | 75 | 72 |
| rua Marina de Albufeira S / N | Active | €450,000 | €4,545 | 7.4% | 68 | 73 |
| Albufeira e Olhos de Água · 8001f4 | Active | €335,000 | €3,602 | 14.9% | 73 | 72 |
| Median comp | €305,000 | €3,717 | 12.2% | 74 | 72 |
Short-term vacation rental The property’s pricing at €440,000 presents a 12.7% gap above its fair value of €390,589, indicating it is overpriced for the short-term vacation rental market. Although the location benefits from strong tourist demand, the gross yield of 3.4% does not justify this premium. Long-term rental With a fair value of €390,589 compared to the listing of €440,000, the property is overpriced for long-term rental purposes as well, representing a gap of 12.7%. Despite a reasonably decent neighborhood score of 77/100, the low yield of 3.4% reveals insufficient rental income potential. Buy-and-hold As a buy-and-hold investment, this property is overpriced by 12.7%, with a listing price of €440,000 versus a fair value of €390,589. Given the gross yield of 3.4%, the long-term appreciation potential appears limited in a market where costs exceed intrinsic value.
Economic and Tenant Instability: With both economic stability and tenant stability scores at 75/100, there's a risk that fluctuations in the economic environment could lead to increased tenant turnover or reduced rental income, adversely impacting cash flow.
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
