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 studio of 46 m² on the 2nd floor, built in 1975, energy rating D. Located on beco José Ramos Pimenta S / N, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This studio offers a functionally transformed layout with a private bedroom area and wardrobe, enhancing both comfort and privacy for residents.
The valuation. The asking price of €188,000 sits significantly above the fair value of €150,144, reflecting a premium of €37,856 or 20.1%. As such, this property is considered overpriced.
Fair value modelled at €150,144 from the area baseline, adjusted for condition and location. Asking €188,000 sits €37,856 (20.1%) above — overpriced versus fair value.
Asking €188,000 versus the beco José Ramos Pimenta S / N area baseline of €139,564 (€3,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 82 · Materials 78 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 62/100 (Housing Market 75 · Amenities 65 · Economic 60 · Tenant Quality 50). Strong amenities and housing-market momentum support a premium to baseline.
beco José Ramos Pimenta S / N
Area baseline €139,564 + condition +€3,881 + location +€6,699 = modelled fair value of €150,144 (€3,264/m²), a €37,856 (20.1%) gap versus the €188,000 asking price.
Short-term vacation rental This property’s gap from fair value indicates it is overpriced, and investors should be cautious as achieving a yield of 5.4% may not compensate for the higher initial investment. The seasonal nature of the Algarve’s tourism could further limit consistent profit margins, increasing risk. Buy-and-hold While this 1-bed studio is situated in Albufeira, a popular tourist destination, its fair value gap suggests it is overpriced for long-term equity growth. Investors may find their returns constrained, as the pricing does not align with the region's economic fundamentals and expected capital appreciation. Luxury market The property’s listing price reflects an overvaluation compared to its fair value, making it less attractive for investors targeting the luxury segment. With a neighbourhood score of 62/100, the potential for high-end returns may not be realized given the current pricing dynamics. Not ideal for: Student housing This studio’s pricing and the neighbourhood conditions indicate that it is overpriced for the student rental market. Given the lack of suitable amenities and tenant quality, investing here may not yield attractive occupancy rates. Not ideal for: Long-term rental The current market valuation places this property in an overpriced category, suggesting that long-term rental returns would be unfavorable. The economic outlook for the area, heavily reliant on tourism, adds uncertainty for steady rental income. Not ideal for: Value-add renovation The condition rating of 80/100 does not justify the current pricing; hence, a value-add renovation strategy appears risky given its overpriced valuation. Without substantial immediate value to be realized through renovations, this investment lacks appeal.
Economic Vulnerability The property's economic stability score of 60 suggests a moderate risk of economic downturn, which may impact tenant retention given the low tenant stability score of 50.
