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.
0-bedroom, 1-bathroom studio of 33 m², energy rating E. Located on rua do Ténis, 1, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This studio features a small balcony with a sea view and is positioned just 300 m from Peneco beach, combining coastal allure with urban convenience.
The valuation. The asking price of €185,000 is significantly above the fair value of €104,780, indicating an overpriced assessment by €80,220 (43.4%). This discrepancy suggests caution for potential investors.
Fair value modelled at €104,780 from the area baseline, adjusted for condition and location. Asking €185,000 sits €80,220 (43.4%) above — overpriced versus fair value.
Asking €185,000 versus the rua do Ténis, 1 area baseline of €114,708 (€3,476/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 (Condition 65 · Materials 72 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 70 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua do Ténis, 1
Area baseline €114,708 + condition -€3,352 + location +€8,010 = modelled fair value of €104,780 (€3,175/m²), a €80,220 (43.4%) gap versus the €185,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Ténis, 1 | Subject | €185,000 | €5,606 | — | 65 | 70 |
| rua Vasco Santana, 110 | Active | €275,000 | €4,044 | 27.9% | 69 | 70 |
| Albufeira e Olhos de Água · 9371a2 | Active | €185,000 | €4,512 | 19.5% | 70 | 71 |
| Albufeira e Olhos de Água · ba573d | Active | €219,000 | €4,563 | 18.6% | 75 | 71 |
| Albufeira e Olhos de Água · 956eb7 | Active | €219,000 | €4,563 | 18.6% | 74 | 75 |
| Median comp | €219,000 | €4,538 | 19.1% | 72 | 71 |
Short-term vacation rental This property, listed at €185,000, is overpriced compared to its fair value of €104,780, presenting a significant investment risk. With a gross yield of only 4.9%, the potential returns do not justify the premium above market norms, especially in a tourism-driven area. Buy-and-hold Acquiring this studio at the current asking price of €185,000 would not yield a reasonable long-term appreciation aligned with its fair value of €104,780, making it an unattractive buy-and-hold option. The 4.9% gross yield indicates limited upside potential, especially under the economic conditions driven by seasonal tourism. Value-add renovation Investing in this property for a value-add renovation is not advisable, as it is already priced significantly above its fair value of €104,780. The renovation costs, combined with the current premium, would likely exceed future return expectations, given the current gross yield of 4.9%. Not ideal for student housing This property is clearly not suitable for student housing, given its overpriced listing at €185,000. The limited potential for year-round rental income in a predominantly seasonal market diminishes its viability. Not ideal for luxury market Positioning this studio in the luxury market is misguided, as its current overvaluation at €185,000 does not reflect the characteristics typically sought in high-end investments. The lack of luxury amenities and the property's reliance on seasonal tourism make its pricing unjustifiable in this segment.
Economic Fluctuation Risk The economic stability score of 65/100 indicates potential vulnerabilities in the local economy that could affect tenant retention and 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
