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, 3-bathroom house of 152 m², energy rating B. Located on rua do Norte, Ferreiras parish, Albufeira municipality, Faro district. Noteworthy Features: This villa features a cozy living room with a fireplace and a private terrace with a barbecue area, perfect for outdoor entertaining. Condition Notes: Minimal wear is evident in landscaping areas, maintaining the property's appeal.
The valuation. The asking price of €549,000 is above the fair value of €491,077, indicating the property is overpriced by €57,923 (11.8%). This discrepancy suggests a more strategic approach may be needed for any investment considerations.
Fair value modelled at €491,077 from 5 comparable sales in the area. Asking €549,000 sits €57,923 (11.8%) above — overpriced versus fair value.
Asking €549,000 versus the rua do Norte area baseline of €417,903 (€2,749/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 is below the parish average, reducing 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 €417,903, adjusted for condition and micro-location, gives a modelled fair value of €491,077 (€3,231/m²), a €57,923 (11.8%) gap versus the €549,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Norte | Subject | €549,000 | €3,612 | — | 70 | 71 |
| estrada do Paraíso | Active | €630,000 | €3,214 | 11.0% | 82 | 74 |
| Ferreiras · 23f2a0 | Active | €630,000 | €3,231 | 10.6% | 82 | 70 |
| Albufeira e Olhos de Água · 1e6205 | Active | €1,280,000 | €8,889 | 146.1% | 78 | 75 |
| Ferreiras · 9116ce | Active | €520,000 | €3,095 | 14.3% | 74 | 62 |
| Median comp | €630,000 | €3,223 | 10.8% | 80 | 72 |
Short-term vacation rental The property’s yield of 4.4% gross does not compensate for its overpriced listing of €549,000, especially as the fair value is 11.8% lower at €491,077. This gap indicates that potential income from vacation rentals may be insufficient to justify this investment due to high purchase costs. Buy-and-hold Owning this property as a buy-and-hold investment is questionable given its current price of €549,000, which exceeds the fair value of €491,077 by 11.8%. The area's tourism appeal may provide some appreciation, but the significant overpricing reduces the potential long-term gains. Family rental While the property is suitable for family rentals given its size and neighborhood quality, it remains overpriced at €549,000 compared to the fair value of €491,077. Families seeking moderate rental options might find it challenging to justify the elevated rent associated with such a high purchase price.
Economic Dip Risk There is a potential risk of decreased rental income due to the economic stability score of 65/100, indicating vulnerability to economic fluctuations that could affect tenant retention.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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