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 70 m², built in 1995. Located Vila Nova de Cacela parish, Vila Real de Santo António municipality, Faro district. This apartment features a modern kitchen and bathroom, along with a private condominium that includes green areas and a barbecue for leisure activities.
The valuation. The asking price of €300,000 exceeds the fair value of €124,016 by €175,984, marking it as overpriced by 58.7%. Such a discrepancy raises concerns about the true market value of this property.
Fair value modelled at €124,016 from the area baseline, adjusted for condition and location. Asking €300,000 sits €175,984 (58.7%) above — overpriced versus fair value.
Asking €300,000 versus the Vila Nova de Cacela, Vila Real de Santo António, Faro area baseline of €246,820 (€3,526/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 73 · Materials 78 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 55/100 (Housing Market 60 · Amenities 55 · Economic 45 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Vila Nova de Cacela, Vila Real de Santo António, Faro
Area baseline €246,820 + condition +€1,422 + location +€2,404 = modelled fair value of €124,016 (€1,772/m²), a €175,984 (58.7%) gap versus the €300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila Nova de Cacela · bf28af | Subject | €300,000 | €4,286 | — | 73 | 55 |
| avenida Manuel G. Rosa Mendes | Active | €290,000 | €3,766 | 12.1% | 65 | 61 |
| rua Duque de Terceira, 35 | Active | €330,000 | €3,143 | 26.7% | — | 60 |
| Altura · cfe217 | Active | €320,000 | €3,765 | 12.2% | 70 | 62 |
| Vila Nova de Cacela · ba574c | Active | €199,900 | €4,998 | 16.6% | 65 | 63 |
| Median comp | €305,000 | €3,766 | 12.1% | 65 | 62 |
Short-term vacation rental This property is overpriced at €300,000, significantly above its fair value of €124,016, which may hinder its appeal for short-term vacation rentals given the 3.3% gross yield. The rural location, combined with limited amenities and a lower neighborhood score of 55/100, further diminishes its attractiveness for this strategy. Long-term rental With an inflated listing price of €300,000 contrasted to a fair value of €124,016, this property could struggle to secure long-term tenants due to its low yield of 3.3% and a less favorable neighborhood rating. The rural characteristics and limited economic activity beyond tourism may result in challenging rental dynamics. Buy-and-hold Investing in this property at €300,000, while it holds a fair value of only €124,016, suggests a poor buy-and-hold strategy as it carries a risk of insufficient appreciation in value. Coupled with a yield of just 3.3% and a neighborhood score of 55/100, the long-term profitability potential appears significantly diminished. Not ideal for: Student housing, Luxury market, Commercial development
Economic Vulnerability The property faces potential economic downturn risks with a low economic stability score of 45/100, which may impact tenant demand and rental income.
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