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.
4-bedroom, 2-bathroom penthouse of 103 m² on the 2nd floor, built in 1987, energy rating D. Located on rua Gil Eanes, Albufeira e Olhos de Água parish, Albufeira municipality, Faro district. Noteworthy Features: The penthouse boasts a meticulously crafted private terrace with a built-in BBQ and stone masonry, complemented by the strategic location just minutes from vibrant beaches. Valuation Verdict: This property offers an excellent investment opportunity with potential for high rental income.
The valuation. The asking price of €400,000 sits below the fair value of €429,937, reflecting a difference of €29,937 (7.0%). Overall, this property is fairly valued, offering a balanced investment opportunity in Albufeira.
Fair value modelled at €429,937 from 6 comparable sales in the area. Asking €400,000 sits €29,937 (7.0%) below — the upside to fair value.
Asking €400,000 versus the rua Gil Eanes area baseline of €344,985 (€3,349/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €344,985, adjusted for condition and micro-location, gives a modelled fair value of €429,937 (€4,174/m²), a €29,937 (7.0%) gap versus the €400,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Gil Eanes | Subject | €400,000 | €3,883 | — | 79 | 73 |
| rua Gil Eanes | Active | €460,000 | €4,466 | 15.0% | 75 | 74 |
| rua da Figueira, 21 | Active | €350,000 | €4,268 | 9.9% | 75 | 72 |
| avenida da Liberdade, 5 | Active | €510,000 | €4,080 | 5.1% | 78 | 71 |
| Albufeira e Olhos de Água · 9388d3 | Active | €439,000 | €3,457 | 11.0% | 73 | 70 |
| Median comp | €449,500 | €4,174 | 7.5% | 75 | 72 |
Short-term vacation rental The penthouse in Albufeira is ideally situated in a sought-after tourist region, but with a fair value just slightly higher than the listing price, it may not yield the profitability expected from short-term rentals. The 0% gross yield indicates that, despite its appealing location, current rental potential is not sufficient to justify the investment at this price. Long-term rental The property presents a reasonable opportunity for long-term rental given the neighborhood's safety and appeal; however, a fair value that exceeds the current asking price limits its immediate attractiveness for steady cash flow. With a 0% yield in its current state, the investment would require careful consideration of future market movements before committing. Buy-and-hold As a buy-and-hold investment, the penthouse has potential due to its location in a popular tourist region, yet being priced fairly diminishes the upside potential for long-term appreciation. The combination of stagnant rental yield and the high benchmark of fair value may mean the property does not meet the criteria for a compelling long-term asset right now.
Economic Vulnerability With an economic stability score of 65/100, fluctuations in the local economy could significantly 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.
Login Required
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.
Sign in to buy the report or use a credit
