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, 2-bathroom apartment of 129 m², energy rating D. Located on praceta Pinhal, 37, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The property boasts a spacious 70 m² private garage box, providing ample storage and secure parking while located in the exclusive Pine Sun Park condominium near Falésia Beach.
The valuation. The asking price of €620,000 is significantly above the fair value of €447,221, resulting in a markup of €172,779 (27.9%). This indicates that the property is overpriced.
Fair value modelled at €447,221 from the area baseline, adjusted for condition and location. Asking €620,000 sits €172,779 (27.9%) above — overpriced versus fair value.
Asking €620,000 versus the praceta Pinhal, 37 area baseline of €445,050 (€3,450/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 82 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 80/100 (Housing Market 80 · Amenities 75 · Economic 75 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
praceta Pinhal, 37
Area baseline €445,050 + condition +€8,869 + location +€46,966 = modelled fair value of €447,221 (€3,467/m²), a €172,779 (27.9%) gap versus the €620,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Pinhal, 37 | Subject | €620,000 | €4,806 | — | 75 | 80 |
| estrada de Albufeira S / N D | Active | €550,000 | €5,789 | 20.5% | 75 | 73 |
| Albufeira e Olhos de Água · dee639 | Active | €350,000 | €4,730 | 1.6% | 75 | 72 |
| Albufeira e Olhos de Água · dbd4b3 | Active | €325,000 | €4,851 | 0.9% | 72 | 71 |
| Albufeira e Olhos de Água · 03254d | Active | €450,000 | €3,913 | 18.6% | 70 | 72 |
| Median comp | €400,000 | €4,791 | 0.3% | 74 | 72 |
Short-term vacation rental Given its location in a high tourism footfall area, this property's short-term rental prospects appear promising. However, with a fair value significantly below the asking price, the investment is overpriced and not likely to yield returns. Long-term rental While the neighborhood is generally safe and family-friendly, the current pricing at €620,000 poses a significant risk for long-term rental strategies. This property is overpriced compared to the fair value, indicating minimal potential for rental income at this cost. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable given its significant gap from fair value. The overheated pricing at €620,000 suggests that the long-term appreciation may not compensate for the initial overvaluation. Not ideal for: Student housing, Industrial investment, Luxury market
Economic Vulnerability A score of 75/100 in economic stability indicates potential fluctuations in the local economy that could impact rental income.
