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, 2-bathroom apartment of 81 m², energy rating C. Located Monte Gordo parish, Vila Real de Santo António municipality, Faro district. This apartment features a west-facing balcony off the living room, ideal for enjoying sunsets, and provides excellent solar exposure, enhancing natural light throughout its spacious layout.
The valuation. The asking price of €285,000 sits significantly above the fair value of €142,945, indicating it is overpriced by €142,055 (49.8%). Such a discrepancy suggests limited investment viability at this price point.
Fair value modelled at €142,945 from the area baseline, adjusted for condition and location. Asking €285,000 sits €142,055 (49.8%) above — overpriced versus fair value.
Asking €285,000 versus the Monte Gordo, Vila Real de Santo António, Faro area baseline of €139,077 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 75 · Materials 78 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 59/100 (Housing Market 50 · Amenities 50 · Economic 45 · Tenant Quality 45). Strong amenities and housing-market momentum support a premium to baseline.
Monte Gordo, Vila Real de Santo António, Faro
Area baseline €139,077 + condition -€1,139 + location +€5,007 = modelled fair value of €142,945 (€1,765/m²), a €142,055 (49.8%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Monte Gordo · 49b8be | Subject | €285,000 | €3,519 | — | 75 | 59 |
| Monte Gordo · b7b54f | Active | €420,000 | €4,330 | 23.1% | 69 | 53 |
| Monte Gordo · cfdde9 | Active | €265,000 | €3,732 | 6.1% | 68 | 52 |
| Monte Gordo · 96c3cc | Active | €260,000 | €3,562 | 1.2% | 85 | 54 |
| Monte Gordo · 4bbc55 | Active | €320,000 | €3,810 | 8.3% | 70 | 63 |
| Median comp | €292,500 | €3,771 | 7.2% | 70 | 54 |
Short-term vacation rental The 3.6% gross yield indicates limited potential for returns, especially in a neighborhood rated 59/100, suggesting average tenant quality and suboptimal rental demand. Additionally, with a gap of 49.8% between asking price and fair value, this property is overpriced, diminishing its appeal for short-term vacation rental strategies. Value-add renovation While renovations could improve the apartment's condition, currently rated 74/100, the significant gap from fair value shows that the property is overpriced and any potential increases in valuation may not justify the initial investment. Consequently, the rural location adds further risk, as it may not attract enough demand to capitalize on a renovation strategy effectively.
Economic and Tenant Instability With both economic stability and tenant stability scores at 45/100, this property faces significant risks of potential downturns in rental income and higher vacancy rates.
