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, 2-bathroom house of 150 m², built in 2007, energy rating C. Located Vila Nova de Cacela parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: The property features a sunny terrace ideal for leisure and a private pool, enhancing its appeal for outdoor relaxation in the Algarve climate.
The valuation. The asking price of €745,000 is significantly above the fair value of €267,579, representing an overvaluation of €477,421 or 64.1%. This property is overpriced based on its current market metrics.
Fair value modelled at €267,579 from the area baseline, adjusted for condition and location. Asking €745,000 sits €477,421 (64.1%) above — overpriced versus fair value.
Asking €745,000 versus the Vila Nova de Cacela, Vila Real de Santo António, Faro area baseline of €482,700 (€3,218/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 52/100 (Housing Market 50 · Amenities 55 · Economic 45 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
Vila Nova de Cacela, Vila Real de Santo António, Faro
Area baseline €482,700 + condition +€7,969 + location +€2,060 = modelled fair value of €267,579 (€1,784/m²), a €477,421 (64.1%) gap versus the €745,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila Nova de Cacela · 6f405a | Subject | €745,000 | €4,967 | — | 75 | 52 |
| rua das Freiras, 51 | Active | €497,000 | €4,438 | 10.7% | 70 | 70 |
| Tavira (Santa Maria e Santiago) · 1e6605 | Active | €595,000 | €3,650 | 26.5% | 68 | 53 |
| Conceição e Cabanas de Tavira · 0237df | Active | €430,000 | €4,943 | 0.5% | 78 | 63 |
| Castro Marim · 65a439 | Active | €1,400,000 | €5,385 | 8.4% | 75 | 52 |
| Median comp | €546,000 | €4,691 | 5.6% | 73 | 58 |
Long-term rental The property, with a listing price of €745,000, significantly exceeds the fair value of €267,579, resulting in a 64.1% gap that implies it is overpriced. Given the low gross yield of 2.5% and a neighborhood rating of 52/100, the property poses limited long-term rental attractiveness. Value-add renovation With the property priced at €745,000, well above its fair value of €267,579, it reflects a 64.1% overpricing, thus making value-add renovation an impractical option. The current condition score of 78/100 suggests some room for improvement, but the substantial price gap makes the investment unattractive. Family rental The substantial price of €745,000 compared to a fair value of €267,579 indicates the property is overpriced by 64.1%, which would deter potential family renters seeking reasonable housing options. Additionally, the rural location and the low neighborhood rating of 52/100 limit the appeal for family rentals, further compounding the issue of overpricing.
Weak Economic Foundations The economic stability score of 45/100 suggests potential volatility in revenue streams, which could impact the property's overall profitability.