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 apartment of 71 m², built in 2002, energy rating D. Located on rua Jornal do Algarve, 4B4, Vila Real de Santo António parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: This apartment includes a dedicated storage room and a closed garage box, enhancing both convenience and living quality in a prime location near the Guadiana River.
The valuation. The asking price of €209,000 is slightly above fair value, which is assessed at €208,002, resulting in a premium of €998 (0.5%). This suggests that the property is overpriced for current market conditions.
Fair value modelled at €208,002 from the area baseline, adjusted for condition and location. Asking €209,000 sits €998 (0.5%) above — overpriced versus fair value.
Asking €209,000 versus the rua Jornal do Algarve, 4B4 area baseline of €201,001 (€2,831/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 70 · Materials 75 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 60/100 (Housing Market 65 · Amenities 60 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Jornal do Algarve, 4B4
Area baseline €201,001 + condition -€3,328 + location +€8,128 = modelled fair value of €208,002 (€2,930/m²), a €998 (0.5%) gap versus the €209,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Jornal do Algarve, 4B4 | Subject | €209,000 | €2,944 | — | 70 | 60 |
| Vila Real de Santo António · 1e6399 | Active | €280,000 | €3,373 | 14.6% | 73 | 57 |
| avenida Ministro Duarte Pacheco | Active | €195,000 | €2,746 | 6.7% | 60 | 52 |
| Vila Real de Santo António · 90d91a | Active | €225,000 | €2,744 | 6.8% | — | 53 |
| Vila Real de Santo António · 6f40dd | Active | €290,000 | €3,085 | 4.8% | 75 | 60 |
| Median comp | €252,500 | €2,916 | 1.0% | 73 | 55 |
Long-term rental The property at €209,000 is slightly above its fair value of €208,002, indicating it may not yield substantial returns for long-term renters. With a gross yield of 4.4% and a neighborhood rating of 60/100, the investment appears to be less attractive compared to alternatives in the market. Short-term vacation rental Given its overpriced status at €209,000, this property may struggle to attract consistent short-term rental bookings in a competitive vacation market. While the region's tourism economy is promising, the apartment's yield and neighborhood condition limit its rental potential. Buy-and-hold Investing in this property for a buy-and-hold strategy may not prove beneficial due to its slight overvaluation and a modest yield of 4.4%. With the local economy's reliance on tourism and agriculture, the potential for significant appreciation seems limited, making this an unfavorable long-term investment choice.
Economic Downturn Risk With an economic stability score of 55/100, there is a significant risk that a downturn could negatively impact property values and rental income.
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