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 €448,404 (€3,476/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 €448,404 + 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.
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
