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.
2-bedroom, 0-bathroom house of 126 m². Located Paderne parish, Albufeira municipality, Faro district. Unique Feature: This semi-detached house includes exclusive interior access to a secluded garden, enhancing privacy amidst the rural surroundings of Paderne.
The valuation. The asking price of €150,000 is substantially above fair value of €31,428, representing an overpricing of €118,572 (79.0%). This characteristic makes it an unappealing investment opportunity. Buy-to-flip angle. A buy-to-flip strategy would require extensive renovations given the property’s poor condition rating of 20/100, likely incurring significant costs before resale can be considered. Buy-to-let angle. With a gross yield estimate of 14.2%, the rental income strategy could generate approximately €1,775 per month, appealing for long-term or vacation rentals, subject to local tourism demand.
Fair value modelled at €31,428 from the area baseline, adjusted for condition and location. Asking €150,000 sits €118,572 (79.0%) above — overpriced versus fair value.
Asking €150,000 versus the Paderne, Albufeira, Faro area baseline of €263,970 (€2,095/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 20/100 (Condition 15 · Materials 20 · Room dimensions 30). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 75 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Paderne, Albufeira, Faro
Area baseline €263,970 + condition -€108,281 + location +€12,701 = modelled fair value of €31,428 (€249/m²), a €118,572 (79.0%) gap versus the €150,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Paderne · 225c0c | Subject | €150,000 | €1,190 | — | 15 | 75 |
| Paderne · ba5946 | Active | €365,000 | €3,614 | 203.6% | — | 72 |
| Paderne · 0324d4 | Active | €290,000 | €3,222 | 170.7% | — | 61 |
| Paderne · 25f5b3 | Active | €270,000 | €4,286 | 260.0% | — | 62 |
| Paderne · 49b839 | Active | €575,000 | €3,343 | 180.8% | — | 65 |
| Median comp | €327,500 | €3,479 | 192.2% | — | 64 |
Short-term vacation rental The property in Paderne, Albufeira, is overpriced by 79% compared to its fair value of €31,428, which diminishes its attractiveness as a short-term vacation rental investment. Despite a gross yield of 14.2%, the high purchase cost undermines the potential profitability of this strategy. Buy-and-hold Investing in this 2-bed house as a buy-and-hold strategy is less appealing due to its overpricing of €150,000, significantly above its fair value. The current condition rating of 20/100 indicates substantial renovation costs that further complicate achieving positive long-term returns. Long-term rental Acquiring this property for long-term rental purposes is not advisable, given its substantial overpricing with a fair value gap of 79%. The property’s condition and elevated initial cost will likely hinder the ability to secure reliable tenants and generate consistent revenue.
Tenant turnover risk High tenant turnover could be anticipated due to a tenant stability score of 75/100, potentially affecting rental income stability.
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