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 apartment of 94 m², energy rating C. Located Vila Real de Santo António parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: The living room features a custom-built entertainment center that complements the elegant design, and the kitchen is equipped with modern appliances tailored for seamless functionality and aesthetics.
The valuation. The asking price of €290,000 sits above the fair value of €286,398 by €3,602 (1.2%), indicating that the property is overpriced. This minor discrepancy does not justify the current listing. Buy-to-flip angle. A resale strategy could involve modernizing certain features to appeal to a broader market, aiming for a quick flip once value-adding updates are completed. Potential resale depends on maintaining market demand in the area. Buy-to-let angle. With an estimated rental income of €846/month and a gross yield of 3.5%, the property can generate steady cash flow. The location's proximity to tourism spots enhances its rental appeal.
Fair value modelled at €286,398 from the area baseline, adjusted for condition and location. Asking €290,000 sits €3,602 (1.2%) above — overpriced versus fair value.
Asking €290,000 versus the Vila Real de Santo António, Vila Real de Santo António, Faro area baseline of €266,114 (€2,831/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 75 · Materials 82 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 60/100 (Housing Market 70 · Amenities 60 · Economic 55 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
Vila Real de Santo António, Vila Real de Santo António, Faro
Area baseline €266,114 + condition +€6,609 + location +€10,761 = modelled fair value of €286,398 (€3,047/m²), a €3,602 (1.2%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila Real de Santo António · 6f40dd | Subject | €290,000 | €3,085 | — | 75 | 60 |
| rua B | Active | €320,000 | €2,857 | 7.4% | 72 | 63 |
| rua B | Active | €340,000 | €3,036 | 1.6% | 70 | 58 |
| Monte Gordo · 41ff9a | Active | €295,000 | €3,073 | 0.4% | 67 | 55 |
| Vila Real de Santo António · 1e6399 | Active | €280,000 | €3,373 | 9.3% | 73 | 57 |
| Median comp | €307,500 | €3,055 | 1.0% | 71 | 58 |
Long-term rental The 2-bed apartment in Vila Real de Santo António is currently priced at €290,000, which is 1.2% above its fair value of €286,398, indicating it is overpriced. Given the economic reliance on tourism, long-term rental income may face volatility despite its 3.5% gross yield, limiting investment appeal. Short-term vacation rental The property's proximity to tourist attractions offers potential for short-term vacation rentals; however, at €290,000, it is priced 1.2% above the fair value. The economic reliance on tourism could impact rental income stability, making this strategy less favorable at the current price point. Buy-and-hold Investing in this apartment as a buy-and-hold strategy is questionable since it is currently overpriced at €290,000, exceeding its fair value by 1.2%. The rural coastal location may influence future price appreciation, and thus, holding on to this asset could yield lower than expected results in the long run.
Economic and Tenant Instability: With both economic stability and tenant stability scores at 55/100, the investment could face significant fluctuations in rental income, making financial planning challenging.
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