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, 1-bathroom apartment of 132 m², built in 1979, energy rating D. Located on rua Doutor Sousa Martins, Vila Real de Santo António parish, Vila Real de Santo António municipality, Faro district. This apartment features convenient private balconies accessible from both bedrooms and the kitchen, enhancing outdoor living space in a tranquil setting near essential amenities.
The valuation. The asking price of €240,000 sits significantly below the fair value of €390,206, presenting an opportunity as it is underpriced by €150,206 (62.6%). This creates an attractive entry point for investors looking to capitalize on potential equity.
Fair value modelled at €390,206 from the area baseline, adjusted for condition and location. Asking €240,000 sits €150,206 (62.6%) below — the upside to fair value.
Asking €240,000 versus the rua Doutor Sousa Martins area baseline of €376,860 (€2,855/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 (Condition 66 · Materials 70 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 66/100 (Housing Market 70 · Amenities 60 · Economic 55 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Doutor Sousa Martins
Area baseline €376,860 + condition -€11,756 + location +€24,178 = modelled fair value of €390,206 (€2,956/m²), a €150,206 (62.6%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Sousa Martins | Subject | €240,000 | €1,818 | — | 66 | 66 |
| rua do Sapal | Active | €279,900 | €2,043 | 12.4% | — | 57 |
| avenida Ministro Duarte Pacheco | Active | €195,000 | €2,746 | 51.1% | 60 | 52 |
| rua 25 de Abril, 38 | Active | €290,000 | €2,132 | 17.3% | 65 | 62 |
| Vila Real de Santo António · 1e6399 | Active | €280,000 | €3,373 | 85.5% | 73 | 57 |
| Median comp | €279,950 | €2,439 | 34.1% | 65 | 57 |
Long-term rental This 2-bed apartment in Vila Real de Santo António presents a compelling investment opportunity with an attractive gross yield of 4.7% and a significant gap of 62.6% compared to its fair value of €390,206. The steady demand in this area, driven by the stable housing market in the Algarve, supports a robust tenant base, ensuring consistent rental income. Short-term vacation rental The apartment's location in a tourist-favored region makes it an ideal candidate for short-term vacation rentals, capitalizing on seasonal tourism trends. With prices significantly below their fair value, this asset provides a promising opportunity to maximize returns through vacationing tourists eager for quality accommodations. Buy-and-hold Acquiring this property as a long-term hold is strategically sound, given the underpriced status and the potential for appreciation as urban development and tourism increase. By aligning with the stable economic environment of Vila Real de Santo António, this asset promises enduring value growth over time, making it an attractive addition to any investment portfolio.
Economic Vulnerability The property has an economic stability score of 55/100, indicating a high risk of economic downturn affecting tenant demand and rental income. The tenant stability score of 70/100 suggests some stability, but the overall economic context remains precarious.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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