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 51 m² on the 2nd floor, built in 1974, energy rating E. Located on rua da Oura em Albufeira, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment benefits from an attractive southwest-facing balcony, providing ample natural light and a perfect setting for enjoying Albufeira's sunsets.
The asking price of €274,000 is significantly above our estimated fair value of €204,000, indicating that the property is overpriced. Confidence in this fair value assessment is low.
The property's fair value is assessed using two models. The Transaction model uses real transaction data from 504 recorded sales in Albufeira e Olhos de Água, which contributes 55% to the final valuation. The Adjusted asking-price model combines current listings, making up the remaining 45%. For this property, no conservative adjustments were applied. The resulting fair value is €204,000, indicating that the asking price is above the fair value, with a significant gap of €70,000. Confidence in this assessment is low.
Gross yield 5.5% (before costs)
No specific strategy stands out for this property.
Negotiation room: Negotiation context: asking prices in this municipality run about 15% above what similar homes actually sell for, so there is usually room to negotiate
The asking price of €274,000 is significantly above the fair value of €204,000, representing a 25.5% downside compared to the price requested, which raises concerns for potential investors regarding its pricing strategy. With a condition rating of 68/100 and a neighborhood score of only 50/100, the property appears to have challenges that may not align with the elevated asking price. This combination suggests that the property may not justify the current price in the context of its location and condition.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability score is 50/100 and the tenant stability score is also 50/100, indicating a potential risk of unreliable income and high vacancy periods. Fair value certainty risk The fair value is stated at €204,000 with low confidence, due to the lack of micro-location transaction data and notable discrepancies in estimates exceeding the tolerance threshold.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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