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, 1-bathroom apartment of 73 m², energy rating A. Located on rua Joaquim Magalhães, 19, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This apartment features a spacious balcony with a barbecue, ideal for outdoor dining, and offers private parking with an electric vehicle charging socket.
The valuation. The asking price of €370,000 is significantly above the fair value of €231,532, representing an overvaluation of €138,468 or 37.4%. This property is not a sound investment based on current market valuations.
Fair value modelled at €231,532 from the area baseline, adjusted for condition and location. Asking €370,000 sits €138,468 (37.4%) above — overpriced versus fair value.
Asking €370,000 versus the rua Joaquim Magalhães, 19 area baseline of €253,748 (€3,476/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 70 · Materials 75 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 80 · Amenities 70 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Joaquim Magalhães, 19
Area baseline €253,748 + condition -€8,555 + location +€18,604 = modelled fair value of €231,532 (€3,172/m²), a €138,468 (37.4%) gap versus the €370,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Joaquim Magalhães, 19 | Subject | €370,000 | €5,068 | — | 70 | 71 |
| rua das Alfarrobeiras, 158 | Active | €385,000 | €4,936 | 2.6% | 75 | 66 |
| Albufeira e Olhos de Água · 9567b4 | Active | €350,000 | €4,667 | 7.9% | 80 | 76 |
| Albufeira e Olhos de Água · 49b926 | Active | €420,000 | €6,364 | 25.6% | 76 | 72 |
| rua dos Ibíscos | Active | €390,000 | €4,875 | 3.8% | 80 | 73 |
| Median comp | €387,500 | €4,906 | 3.2% | 78 | 73 |
Short-term vacation rental The 1-bed apartment in Albufeira is overpriced at €370,000, significantly higher than its fair value of €231,532, creating a notable risk for short-term investors. The current gross yield of 3% does not sufficiently compensate for the considerable gap from fair market value, making this strategy less appealing. Buy-and-hold Investing in this property as a buy-and-hold asset is challenged by its overvaluation at €370,000 compared to its fair value of €231,532, with a 37.4% disparity detracting from potential long-term gains. The moderate condition rating of 68/100 and neighborhood score of 71/100 further suggest that there may be better value opportunities elsewhere. Family rental This property is overpriced at €370,000 against a fair value of €231,532, limiting attractiveness for family rental investments. A gross yield of only 3% combined with the current market conditions indicates that this property may not generate sufficient returns for families seeking stable housing.
Economic Vulnerability With an economic stability score of 60/100, there is a risk of reduced demand affecting rental income potential and property value appreciation.**
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
