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.
1-bedroom, 1-bathroom studio of 40 m² on the 1st floor, built in 1998, energy rating C. Located Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Feature: This studio includes two balconies offering distinct outdoor spaces with pleasant sea views, enhancing its appeal for relaxation and enjoyment in the Algarve climate.
The valuation. The asking price of €298,000 positions this property significantly above its fair value of €199,882, marking an excess of €98,118 or 49.1%. Verdict: overpriced.
Fair value modelled at €199,882 from 6 comparable sales in the area. Asking €298,000 sits €98,118 (49.1%) above — overpriced versus fair value.
Asking €298,000 versus the Albufeira e Olhos de Água, Albufeira, Faro area baseline of €174,634 (€4,366/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 €174,634, adjusted for condition and micro-location, gives a modelled fair value of €199,882 (€4,997/m²), a €98,118 (49.1%) gap versus the €298,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Albufeira e Olhos de Água · f1093d | Subject | €298,000 | €7,450 | — | 70 | 73 |
| Albufeira e Olhos de Água · 6a920d | Active | €385,000 | €5,203 | 30.2% | 70 | 73 |
| Albufeira e Olhos de Água · a8090f | Active | €279,500 | €5,176 | 30.5% | 75 | 65 |
| rua dos Pardais, 13 | Active | €299,000 | €4,672 | 37.3% | 70 | 73 |
| Albufeira e Olhos de Água · 834203 | Active | €295,000 | €4,609 | 38.1% | 72 | 74 |
| Median comp | €297,000 | €4,924 | 33.9% | 71 | 73 |
Short-term vacation rental Given its location in the Algarve's coastal tourist region, this 1-bed studio could attract high seasonal demand but is currently overpriced at €298,000, significantly exceeding its fair value of €199,882. The estimated gross yield of 4.1% does not justify the steep premium, as the investment would take longer to recoup than more fairly-priced alternatives. Long-term rental The property’s condition rating of 72/100 and neighbourhood score of 73/100 suggest it may appeal to long-term tenants, yet the high listing price of €298,000 remains unjustifiable compared to its fair value of €199,882. Investors should be cautious, as the 4.1% gross yield indicates only moderate rental income for an overpriced asset. Buy-and-hold While holding property in a tourist-driven market can yield returns, acquiring this studio at the current price of €298,000 is not advisable since it's overpriced against its fair value of €199,882. The potential for appreciation may be hampered by the initial overvaluation, making this a risky buy-and-hold investment strategy. Not ideal for Student housing and value-add renovations are not viable strategies here, as the listing price of €298,000 overshadows the fair value of €199,882, which limits the potential for profitable enhancements or adequate demand in a student rental market. Ultimately, the conditions and valuation render this property unsuitable for these approaches.
Economic Vulnerability The economic stability score of 65/100 suggests a moderate risk of downturns that could affect tenant demand 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
