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.
3-bedroom, 2-bathroom apartment of 112 m² on the 1st floor, built in 2009, energy rating C. Located on rua B, Vila Real de Santo António parish, Vila Real de Santo António municipality, Faro district. Unique Feature: The property includes modern amenities like pre-installed ambient sound and electric shutters throughout, enhancing comfort and convenience for residents. Investment Opportunity: Fully furnished and equipped, ready for immediate occupancy with potential for tourist profitability.
The valuation. The asking price of €340,000 sits above the fair value of €329,576 by €10,424 (3.1%). This indicates that the property is overpriced.
Fair value modelled at €329,576 from the area baseline, adjusted for condition and location. Asking €340,000 sits €10,424 (3.1%) above — overpriced versus fair value.
Asking €340,000 versus the rua B area baseline of €317,072 (€2,831/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 70 · Materials 78 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 58/100 (Housing Market 65 · Amenities 50 · Economic 45 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua B
Area baseline €317,072 + condition -€1,225 + location +€10,257 = modelled fair value of €329,576 (€2,943/m²), a €10,424 (3.1%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua B | Subject | €340,000 | €3,036 | — | 70 | 58 |
| rua B | Active | €320,000 | €2,857 | 5.9% | 72 | 63 |
| Vila Real de Santo António · 6f40dd | Active | €290,000 | €3,085 | 1.6% | 75 | 60 |
| Monte Gordo · 41ff9a | Active | €295,000 | €3,073 | 1.2% | 67 | 55 |
| rua 25 de Abril, 38 | Active | €290,000 | €2,132 | 29.8% | 65 | 62 |
| Median comp | €292,500 | €2,965 | 2.3% | 70 | 61 |
Long-term rental The property is overpriced at €340,000, standing 3.1% above its fair value of €329,576, which could limit potential yield in a long-term rental scenario. Additionally, with a gross yield of 3.7% and a neighborhood rating of only 58/100, the investment may not attract high-quality tenants. Short-term vacation rental Given its price tag of €340,000, any short-term vacation rental strategy may struggle as the property is overpriced relative to its fair value of €329,576, leading to reduced cash flow potential. The condition score of 74/100 and neighborhood quality rating of 58/100 further suggest a less attractive option for vacation renters. Buy-and-hold The buy-and-hold strategy may be hindered by the fact that the property is listed at €340,000, which is 3.1% above its fair value of €329,576, indicating limited upside for appreciation. Coupled with a relatively low yield of 3.7% and mediocre neighborhood characteristics, this property may not align with long-term financial goals in a buy-and-hold context.
Economic Vulnerability The property faces increased investment risk due to a low economic stability score of 45/100, suggesting potential market volatility that could affect rent payments and occupancy rates.
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