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, 2-bathroom house of 108 m², energy rating C. Located on rua Nuno Vieira, 8, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This villa features a licensed private swimming pool with heated water and includes a versatile basement space that can serve as a game room or additional bedroom.
The valuation. The asking price of €490,000 is significantly above the fair value of €229,945, resulting in an overstated price by €260,055 (53.1%). This property is considered overpriced based on current market assessments. Buy-to-flip angle. A buy-to-flip strategy might involve renovations to increase the property's appeal, targeting a quick resale within a year. Given the significant price gap, the potential for a profitable flip is limited. Buy-to-let angle. The estimated rental income is around €1,878 per month, yielding approximately 4.6%. However, considering the area's mixed demand, long-term rental potential may be inconsistent.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Nuno Vieira, 8 | Subject | €490,000 | €4,537 | — | — | 72 |
| rua Júlio Diniz | Active | €1,080,000 | €5,870 | 29.4% | 67 | 74 |
| rua Sir Cliff Richard | Active | €1,450,000 | €7,592 | 67.3% | 65 | 78 |
| Albufeira e Olhos de Água · 9570dd | Active | €585,000 | €2,489 | 45.1% | 58 | 74 |
| Albufeira e Olhos de Água · 28b7df | Active | €590,000 | €3,471 | 23.5% | 75 | 72 |
| Median comp | €835,000 | €4,671 | 2.9% | 66 | 74 |
Short-term vacation rental The property is not an ideal candidate for short-term vacation rental investment due to its overpriced status with a 53.1% gap versus fair value. While the Algarve attracts tourists, the current asking price of €490,000 does not align with the potential rental yield of 4.6%. Buy-and-hold Investing in this property as a buy-and-hold strategy is weakened by its 53.1% fair value gap, indicating that the long-term return may not justify the current investment. The combination of an overpriced listing and limited long-term demand in tourist areas diminishes the attractiveness for holding this asset. Value-add renovation Even with the potential for value-add renovations, the property’s condition rating of 0/100 signals significant investment costs that could exceed potential returns. The hefty price tag of €490,000 and a noteworthy 53.1% gap from fair value suggest that renovation efforts may not yield the desirable ROI in a market characterized by fluctuating tourism demand.
Potential Economic Decline The economic stability score of 65 suggests there may be vulnerabilities in the local economy, which could impact 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
