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.
4-bedroom, 4-bathroom penthouse of 147 m² on the 3rd floor, energy rating A. Located on rua Leonardo Coimbra, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This penthouse includes a private garage accommodating four vehicles, a rare find in Albufeira's central area, enhancing both convenience and security for residents.
The valuation. The asking price of €750,000 is significantly higher than the fair value of €655,155, resulting in an overpriced verdict of €94,845 or 14.5%. This suggests limited immediate investment appeal for potential buyers.
Fair value modelled at €655,155 from 6 comparable sales in the area. Asking €750,000 sits €94,845 (14.5%) above — overpriced versus fair value.
Asking €750,000 versus the rua Leonardo Coimbra area baseline of €511,488 (€3,480/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 88/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €511,488, adjusted for condition and micro-location, gives a modelled fair value of €655,155 (€4,457/m²), a €94,845 (14.5%) gap versus the €750,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Leonardo Coimbra | Subject | €750,000 | €5,102 | — | 85 | 73 |
| caminho do Raposo S / N | Active | €895,000 | €5,144 | 0.8% | 85 | 80 |
| Albufeira e Olhos de Água · 1e6357 | Active | €699,000 | €4,629 | 9.3% | 78 | 70 |
| rua José Fontana | Active | €395,000 | €4,593 | 10.0% | 75 | 70 |
| Albufeira e Olhos de Água · dee3af | Active | €389,990 | €3,645 | 28.6% | 70 | 65 |
| Median comp | €547,000 | €4,611 | 9.6% | 77 | 70 |
Short-term vacation rental The property’s price of €750,000 significantly exceeds its fair value of €655,155, indicating it is overpriced for the short-term vacation rental strategy. With a gross yield of 0%, this penthouse is unlikely to generate positive cash flow, even in a tourist-friendly location with high demand. Long-term rental Listing at €750,000 positions this property above its fair value of €655,155, classifying it as overpriced for long-term rental purposes. Given the 0% gross yield, the investment lacks potential for sustainable income despite its appealing location in a town known for tourism. Buy-and-hold With a fair value of €655,155 contrasted against an asking price of €750,000, this penthouse is overpriced for a buy-and-hold investment strategy. The anticipated appreciation does not justify the initial investment, especially with a gross yield of 0%, making it a less attractive long-term hold in a competitive market.
Economic Vulnerability With an economic stability score of 60/100, there is a heightened risk of fluctuating market conditions adversely affecting property values and rental income.
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