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 169 m², built in 2006, energy rating C. Located on caminho das Cortelhas, Guia parish, Albufeira municipality, Faro district. Noteworthy Features: This property includes a functional pantry in the kitchen for enhanced organization and offers two covered parking spaces for added convenience.
The valuation. The asking price of €550,000 is above the fair value estimate of €491,371, resulting in a premium of €58,629 (11.9%). The property is deemed overpriced according to current market conditions.
Fair value modelled at €491,371 from 6 comparable sales in the area. Asking €550,000 sits €58,629 (11.9%) above — overpriced versus fair value.
Asking €550,000 versus the caminho das Cortelhas area baseline of €573,092 (€3,391/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €573,092, adjusted for condition and micro-location, gives a modelled fair value of €491,371 (€2,908/m²), a €58,629 (11.9%) gap versus the €550,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| caminho das Cortelhas | Subject | €550,000 | €3,254 | — | 72 | 76 |
| Guia · 33babd | Active | €489,000 | €2,982 | 8.4% | 79 | 70 |
| Guia · 4a449d | Active | €595,000 | €2,833 | 12.9% | — | 69 |
| Alcantarilha e Pêra · 828fed | Active | €640,000 | €3,441 | 5.7% | 74 | 65 |
| rua da Ponte Romana, 1 | Active | €479,000 | €3,303 | 1.5% | 72 | 70 |
| Median comp | €542,000 | €3,143 | 3.4% | 74 | 70 |
Short-term vacation rental Given the strong tourist influence on the local market, investing in this property for short-term vacation rental would not capitalize on its potential due to the current price being 11.9% above fair value. The gross yield of 3.5% does not justify the elevated investment, particularly in a property rated 69 for condition. Buy-and-hold While the neighborhood enjoys decent amenities and a stable tenant quality, the property’s current listing price of €550,000 exceeds fair value by 11.9%, making it a poor buy-and-hold investment. The expected returns currently do not align with the market dynamics considering the yield stands at a modest 3.5%. Long-term rental As a long-term rental investment, this property falls short due to its overpriced status, with a fair value of €491,371 indicating it is 11.9% higher than it should be. The current yield of 3.5% fails to reflect a compelling case for a long-term hold in the given market conditions.
Economic exposure risk The economic stability score of 65/100 indicates potential vulnerabilities in the market that could impact rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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