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.
6-bedroom, 3-bathroom house of 380 m², energy rating E. Located Paderne parish, Albufeira municipality, Faro district. Property Features: This versatile property includes two garages and abundant outdoor space, making it ideal for multi-family living or local accommodation adaptation. Usage Potential: Significant possibilities for renovation and expansion exist. Water Supply: On-site borehole complements the municipal water connection for convenience.
The valuation. The asking price of €390,000 is significantly above the fair value of €208,304, indicating an overpricing of €181,696 (46.6%). This gap suggests potential buyer caution given the inflated valuation compared to market fundamentals.
Fair value modelled at €1,432,010 from the area baseline, adjusted for condition and location. Asking €390,000 sits €1,042,010 (267.2%) below — the upside to fair value.
Asking €390,000 versus the Paderne, Albufeira, Faro area baseline of €1,537,480 (€4,046/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 42/100 (Condition 32 · Materials 40 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 65/100 (Housing Market 75 · Amenities 65 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Paderne, Albufeira, Faro
Area baseline €1,537,480 + condition -€197,719 + location +€92,249 = modelled fair value of €1,432,010 (€3,768/m²), a €1,042,010 (267.2%) gap versus the €390,000 asking price.
Long-term rental The property is overpriced at €390,000 compared to the fair value of €208,304, presenting a gap of 46.6%. With a gross yield of 0% and a condition rating of 42/100, this investment is unlikely to generate sustainable rental income, making it a poor long-term rental opportunity. Short-term vacation rental Given its premium asking price, this property does not represent a viable investment in the short-term vacation rental market, as the current valuation exceeds its fair value significantly. Additionally, the property's condition and low yield suggest that it would struggle to attract tourists seeking quality accommodations in the competitive Algarve region. Family rental The property, although located in a tourist-friendly area, is overpriced and not appealing for the family rental market due to its significant gap from fair value and poor condition score of 42/100. Families looking for long-term rentals are likely to opt for better-maintained and more competitively priced options in the neighborhood.
Economic Vulnerability The property has a low economic stability score of 55/100, indicating a risk of decreasing property values and tenant turnover due to a weak local economy.
