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.
7-bedroom, 4-bathroom house of 308 m², built in 1983, energy rating E. Located on beco da Pedra dos Bicos, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. This property boasts a private tennis court and an independent annex, providing versatile options for leisure or guest accommodations while maintaining stunning ocean views.
The valuation. The asking price of €10,500,000 is significantly above fair value, which is estimated at €1,268,576, indicating a discrepancy of €9,231,424 (727.7%). This property is thus considered overpriced.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| beco da Pedra dos Bicos | Subject | €10,500,000 | €34,091 | — | — | 64 |
| Ferreiras · 65307c | Active | €750,000 | €3,138 | 90.8% | — | 75 |
| Ferreiras · 652ff2 | Active | €695,000 | €3,639 | 89.3% | 65 | 69 |
| rua dos Bombeiros Voluntários | Active | €1,490,000 | €4,599 | 86.5% | 70 | 74 |
| rua de Brejos | Active | €2,350,000 | €6,714 | 80.3% | 82 | 71 |
| Median comp | €1,120,000 | €4,119 | 87.9% | 70 | 73 |
Long-term rental The property is overpriced at €10,500,000, significantly exceeding its fair value of €1,268,576, revealing a staggering gap of 727.7%. Consequently, the potential for sustainable long-term rental income is undermined, especially given its current condition rating of 0/100. Short-term vacation rental Given the valuation gap and a yield of 0%, the property is clearly overpriced, which diminishes the attractiveness of operating it as a short-term vacation rental. Additionally, while the area benefits from proximity to Algarve's attractions, the substantial initial investment presents significant financial risk. Buy-and-hold The buy-and-hold strategy appears less viable for this property as it is overpriced, with a stark disparity from its fair value and no potential for yield generation. Investing in a property with such high acquisition costs, coupled with a 0/100 condition rating, suggests a lack of long-term viability and profitability in this strategy.
Economic Vulnerability The economic stability score of 60/100 indicates a moderate risk, while the tenant stability score of 50/100 suggests potential difficulties in maintaining consistent occupancy and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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