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 85 m² on the 4th floor, built in 2018, energy rating A. Located on rua Dom Francisco de Almeida, Monte Gordo parish, Vila Real de Santo António municipality, Faro district. Unique Feature: The apartment boasts a spacious balcony and a north-facing terrace, providing exceptional sunset views over the sea and a tranquil space for outdoor relaxation.
The valuation. The asking price of €575,000 is significantly higher than the fair value of €154,600, marking a staggering overvaluation of €420,400 (73.1%). The property is therefore considered overpriced for potential investors.
Fair value modelled at €154,600 from the area baseline, adjusted for condition and location. Asking €575,000 sits €420,400 (73.1%) above — overpriced versus fair value.
Asking €575,000 versus the rua Dom Francisco de Almeida area baseline of €342,125 (€4,025/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 76 · Materials 80 · Room dimensions 79). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 58/100 (Housing Market 60 · Amenities 55 · Economic 50 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Dom Francisco de Almeida
Area baseline €342,125 + condition +€3,984 + location +€4,670 = modelled fair value of €154,600 (€1,819/m²), a €420,400 (73.1%) gap versus the €575,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Dom Francisco de Almeida | Subject | €575,000 | €6,765 | — | 76 | 58 |
| Monte Gordo · f36303 | Active | €420,000 | €5,455 | 19.4% | 80 | 53 |
| rua Nossa Senhora das Dores | Active | €214,000 | €5,487 | 18.9% | 80 | 65 |
| rua Dom Francisco de Almeida | Active | €229,000 | €4,404 | 34.9% | 60 | 62 |
| rua Diogo Cão, 2 | Active | €470,000 | €5,949 | 12.1% | 74 | 55 |
| Median comp | €324,500 | €5,471 | 19.1% | 77 | 59 |
Long-term rental The 2-bed apartment in Monte Gordo is overpriced at €575,000, significantly exceeding its fair value of €154,600, resulting in a 73.1% gap. With a low gross yield of 1.7% and a neighborhood score of 58/100, this investment is unlikely to attract quality long-term tenants. Short-term vacation rental Despite being situated in a tourism-influenced area of the Algarve, the exorbitant listing price of €575,000 is not justified given the fair value of €154,600, reflecting a 73.1% overpricing. With a modest condition score of 78/100 and a gross yield of only 1.7%, this property is likely to struggle to generate adequate return on investment in the short-term vacation rental market.
Economic Volatility Risk A low economic stability score of 50 indicates potential for economic fluctuations that could impact rental income and property value negatively.
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