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, 2-bathroom duplex of 231 m², energy rating A. Located on rua Joaquim Magalhães S / N, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The penthouse includes a private roof terrace equipped with a jacuzzi, enhancing outdoor leisure, and benefits from high-efficiency solar panels for hot water heating.
The valuation. The asking price of €685,000 sits below the fair value of €740,142 by €55,142 (7.5%). This property is considered fair priced for its location and condition.
Fair value modelled at €740,142 from 6 comparable sales in the area. Asking €685,000 sits €55,142 (7.5%) below — the upside to fair value.
Asking €685,000 versus the rua Joaquim Magalhães S / N area baseline of €550,792 (€2,384/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €550,792, adjusted for condition and micro-location, gives a modelled fair value of €740,142 (€3,204/m²), a €55,142 (7.5%) gap versus the €685,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Joaquim Magalhães S / N | Subject | €685,000 | €2,965 | — | 82 | 77 |
| Albufeira e Olhos de Água · 001855 | Active | €655,000 | €3,722 | 25.5% | 78 | 65 |
| Albufeira e Olhos de Água · 28b759 | Active | €699,000 | €2,514 | 15.2% | 82 | 70 |
| rua do Município S / N N1 | Active | €540,000 | €2,432 | 18.0% | 82 | 73 |
| rua Joaquim Magalhães | Active | €515,000 | €4,292 | 44.7% | 80 | 71 |
| Median comp | €597,500 | €3,118 | 5.1% | 81 | 71 |
Short-term vacation rental The property offers potential as a short-term vacation rental, benefiting from the strong tourism activity in the Algarve region. However, with a yield of 0% gross and a fair value only 7.5% higher than the listing price, it may not produce significant financial returns relative to the asking price. Buy-and-hold As a buy-and-hold investment, the property aligns with the stable occupancy rates in a tourist-heavy area like Albufeira, although the zero gross yield results in limited immediate cash flow. The fair valuation indicates that while the property is not a bargain, its long-term appreciation potential may justify the investment for some buyers. Luxury market Positioned in a desirable neighborhood with an 80/100 condition rating, the duplex may appeal to those targeting the luxury market in Albufeira. Nevertheless, with the property classed as fair value and no gross yield, investors must be cautious about the market's rental income potential against the listing price.
Economic volatility risk The economic stability score of 65/100 suggests potential vulnerability to market fluctuations, which could impact rental income and property value.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
