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.
0-bedroom, 0-bathroom house of 425 m². Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This property features a large garden space that offers potential for outdoor development and landscaping, enhancing the overall value and appeal of the site.
The valuation. The asking price of €7,000,000 sits significantly above the fair value of €1,065,887, creating a disparity of €5,934,113 or 84.8%. This property is overpriced and does not align with market expectations.
Fair value modelled at €1,065,887 from the area baseline, adjusted for condition and location. Asking €7,000,000 sits €5,934,113 (84.8%) above — overpriced versus fair value.
Asking €7,000,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €1,289,450 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 26/100 (Condition 21 · Materials 30 · Room dimensions 30). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 80 · Amenities 70 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Albufeira e Olhos de Água, Albufeira, Faro
Area baseline €1,289,450 + condition -€326,719 + location +€103,156 = modelled fair value of €1,065,887 (€2,508/m²), a €5,934,113 (84.8%) gap versus the €7,000,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · 1e6422 | Subject | €7,000,000 | €16,471 | — | 21 | 70 |
| Albufeira e Olhos de Água · ba3e39 | Active | €550,000 | €6,111 | 62.9% | — | 72 |
| rua Columbano Bordalo Pinheiro, 6 | Active | €525,000 | €4,234 | 74.3% | — | 72 |
| praceta dos Caliços | Active | €240,000 | €3,750 | 77.2% | 45 | 71 |
| rua Nossa Senhora de Fátima | Active | €279,000 | €4,650 | 71.8% | 60 | 71 |
| Median comp | €402,000 | €4,442 | 73.0% | 53 | 72 |
Short-term vacation rental The property is overpriced at €7,000,000 compared to a fair value of €1,065,887, leading to an unsustainable investment in a seasonal market reliant on tourism. With a gross yield of 0% and a condition score of 26/100, this property does not align well with the typical expectations for short-term rentals in a competitive landscape. Buy-and-hold Given the significant gap of 84.8% from its fair value, holding this property for long-term appreciation appears misguided, especially considering its low condition score of 26/100. Its price points to a challenging investment scenario in a real estate environment largely influenced by the seasonal tourism sector, limiting its growth potential. Long-term rental Acquiring this property for long-term rental purposes is unlikely to yield positive returns, as it is overpriced at €7,000,000 against a fair value of €1,065,887. The lack of yield and poor condition further diminish its attractiveness for sustained rental income, particularly when considering the area's seasonal economic fluctuations.
Economic Instability Risk With an economic stability score of 65/100, there is a risk of fluctuating market conditions potentially affecting the property’s long-term value and rentability.
