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 185 m², built in 2008, energy rating C. Located Paderne parish, Albufeira municipality, Faro district. Noteworthy Features: The property includes a private terrace connected to the living area, enhancing outdoor living options, and is situated within a premium gated community featuring landscaped gardens and a children's pool.
The valuation. The asking price of €395,000 is significantly above the fair value of €146,244, representing an overpricing of €248,756 (63.0%). This gap indicates that the property is overpriced given its current market conditions.
Fair value modelled at €146,244 from the area baseline, adjusted for condition and location. Asking €395,000 sits €248,756 (63.0%) above — overpriced versus fair value.
Asking €395,000 versus the Paderne, Albufeira, Faro area baseline of €387,575 (€2,095/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 59/100 (Condition 55 · Materials 60 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 60/100 (Housing Market 70 · Amenities 60 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Paderne, Albufeira, Faro
Area baseline €387,575 + condition -€47,695 + location +€7,459 = modelled fair value of €146,244 (€791/m²), a €248,756 (63.0%) gap versus the €395,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Paderne · ba3a2b | Subject | €395,000 | €2,135 | — | 55 | 60 |
| Paderne · 49b839 | Active | €575,000 | €3,343 | 56.6% | — | 65 |
| Paderne · ba3e51 | Active | €390,000 | €1,026 | 51.9% | 32 | 65 |
| Paderne · d7a425 | Active | €675,000 | €1,436 | 32.7% | 65 | 79 |
| rua Sitio do Ouro, 291 | Active | €390,000 | €1,258 | 41.1% | 75 | 70 |
| Median comp | €482,500 | €1,347 | 36.9% | 65 | 68 |
Short-term vacation rental This property is overpriced at €395,000 compared to its fair value of €146,244, resulting in a substantial gap of 63.0%. While its 5.6% gross yield may seem appealing in the tourist-driven Algarve, the inflated price diminishes potential profitability. Buy-and-hold Given the current asking price significantly exceeds its fair value, this house presents an overpriced opportunity for long-term investors. The combination of a moderate condition score and neighborhood rating suggests unforeseen expenses may compromise the hold strategy's efficacy. Family rental At €395,000, this property is notably overpriced, which may limit the viability of a family rental strategy. Additionally, the neighborhood's average ratings indicate potential issues that could affect tenant retention and rental income stability.
Tenant turnover risk A tenant stability score of 60/100 suggests potential difficulties in retaining tenants, which may lead to increased vacancy rates and additional costs associated with finding new tenants.
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
