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: The apartment includes a dedicated storage room and a parking space in a closed garage box, enhancing convenience and practicality for urban living.
The valuation. The asking price of €209,000 is notably below the fair value of €250,312, indicating it is subvalued by €41,312 or 19.8%. This presents a strong opportunity for investment.
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 €203,202 (€2,862/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. Full condition report →
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. Full location report →
rua Jornal do Algarve, 4B4
Area baseline €203,202 + 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.
Long-term rental The property shows a promising gross yield of 4.4%, making it a viable option for long-term tenants in a region where the local economy benefits from tourism and agriculture. Given the fair value of €250,312 compared to the listing price of €209,000, this investment is strategically positioned for potential appreciation over time. Short-term vacation rental With the rising demand for short-term vacation rentals in the Algarve region, this property can attract holidaymakers looking for comfortable accommodations near the beach and local attractions. The current listing price represents a 19.8% gap from the fair value, positioning investors to capitalize on increasing rental income potential and capital growth. Buy-and-hold For buy-and-hold investors, this apartment’s location in Vila Real de Santo António offers a desirable mix of tourism and agricultural appeal, ensuring steady demand for housing. The significant difference between the listing and fair value underscores the investment's potential for long-term capital appreciation while generating consistent rental income. Not ideal for luxury market This property does not cater to the luxury market, as its condition is only rated 72 out of 100 and the neighborhood scores 60 out of 100. Luxury buyers typically seek higher-end amenities and settings, making this property less suitable for such investments. Not ideal for student housing The property is not well-suited for the student housing market, given the neighborhood's characteristics and the seasonal rental dynamics of the Algarve region. Additionally, the resident demographic may not align with the consistent need for student accommodations. Not ideal for high-density residential High-density residential investments might not be optimal in this area, as the local economy predominantly revolves around tourism and agriculture. The property’s appeal as a smaller 1-bed apartment further limits its attractiveness in a high-density housing context.
Low Economic Resilience With an economic stability score of 55/100, the property faces a heightened risk of economic downturns, which can lead to reduced tenant demand and potential vacancies.