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.
0-bedroom, 0-bathroom mix_use_building of 422 m². Located on rua Gil Eanes, 4, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: This basement space in the Monte Carlo Building benefits from high foot traffic due to its proximity to a popular residential and tourist area in Albufeira.
The valuation. There are not enough comparable sales in this area yet to establish a reliable fair-value estimate. Hence, a precise valuation figure cannot be determined at this time.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Gil Eanes, 4 | Subject | €385,000 | €912 | — | — | 72 |
| rua do Município, 18 | Active | €249,000 | €2,830 | 210.1% | — | 64 |
| rua Columbano Bordalo Pinheiro, 6 | Active | €185,000 | €2,803 | 207.2% | — | 71 |
| Albufeira e Olhos de Água · 3df307 | Active | €182,000 | €2,528 | 177.1% | 65 | 70 |
| Albufeira e Olhos de Água · 09000a | Active | €160,000 | €2,807 | 207.7% | 55 | 71 |
| Median comp | €183,500 | €2,805 | 207.5% | 60 | 71 |
Short-term vacation rental\nThis property in Albufeira, situated in a prime tourist area, leverages the demand for vacation rentals in the Algarve, offering potential for strong seasonal income. The 0% gross yield currently reflects the need for renovations, but the favorable neighborhood rating of 72 suggests a solid market for attracting tourists once improvements are made.\n\nBuy-and-hold\nInvesting in this mixed-use building offers the opportunity for long-term appreciation in a neighborhood rated 72, which is a positive indicator of stability and future growth potential. While the current condition rated at 0/100 requires significant investment, the ongoing demand driven by the tourism sector bodes well for future property value increases.\n\nFamily rental\nThis property could cater to families seeking rental opportunities in a tourist-centric area, despite the average school quality. The neighborhood's solid rating indicates a demand for family-oriented housing, making it a viable option to target long-term tenants looking for a balance between convenience and affordability.
Moderate economic risk The economic stability score of 60/100 suggests potential vulnerabilities in the local economy that could impact rental income.
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Not enough comparable sales in this area to confidently estimate a fair value.
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