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.
3-bedroom, 3-bathroom house of 310 m², energy rating A+. Located on rua Sitio do Ouro, 291, Paderne parish, Albufeira municipality, Faro district. The property features a charming garden setting with native plants, enhancing both privacy and the authentic Algarve lifestyle experience.
The valuation. The asking price of €390,000 is above the fair value of €344,744 by €45,256 (11.6%), indicating that the property is overpriced.
Fair value modelled at €344,744 from the area baseline, adjusted for condition and location. Asking €390,000 sits €45,256 (11.6%) above — overpriced versus fair value.
Asking €390,000 versus the rua Sitio do Ouro, 291 area baseline of €1,254,260 (€4,046/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 75 · Materials 80 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Sitio do Ouro, 291
Area baseline €1,254,260 + condition +€7,266 + location +€24,998 = modelled fair value of €344,744 (€1,112/m²), a €45,256 (11.6%) gap versus the €390,000 asking price.
Short-term vacation rental The property is overpriced by 11.6%, given that its fair value is €344,744 compared to the listing price of €390,000. Despite its location in a tourist-heavy area, the yield of 0% gross diminishes its viability as a profitable short-term vacation rental investment. Buy-and-hold Investing in this property for a buy-and-hold strategy is unadvisable due to its overpriced status and zero gross yield. With a fair value significantly lower than the listing price, long-term appreciation potential appears limited in the current housing market. Family rental At €390,000, this property is deemed overpriced, making it a less attractive option for a family rental strategy. The absence of gross yield and the property’s condition score of 77/100 suggest that rental income would not adequately justify the investment cost.
Economic volatility risk The economic stability score of 65/100 indicates potential vulnerability to market fluctuations, which may affect tenant retention and rent collection.