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 77 m², energy rating D. Located on rua Doctor José Colaço Fernandes, Monte Gordo parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: This top-floor apartment features two balconies for optimal sun exposure and ventilation, enhancing its appeal as a comfortable living space in a bustling locale.
The valuation. The asking price of €220,000 is significantly above the fair value of €124,792, resulting in an overpriced status of €95,208 (43.3%). This price disconnect suggests potential challenges in achieving a profitable return on investment.
Fair value modelled at €124,792 from the area baseline, adjusted for condition and location. Asking €220,000 sits €95,208 (43.3%) above — overpriced versus fair value.
Asking €220,000 versus the rua Doctor José Colaço Fernandes area baseline of €132,209 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 (Condition 60 · Materials 70 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 61/100 (Housing Market 60 · Amenities 55 · Economic 55 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Doctor José Colaço Fernandes
Area baseline €132,209 + condition -€13,234 + location +€5,817 = modelled fair value of €124,792 (€1,621/m²), a €95,208 (43.3%) gap versus the €220,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doctor José Colaço Fernandes | Subject | €220,000 | €2,857 | — | 60 | 61 |
| Altura · cfe217 | Active | €320,000 | €3,765 | 31.8% | 70 | 62 |
| Vila Real de Santo António · 90d91a | Active | €225,000 | €2,744 | 4.0% | — | 53 |
| urbanização Monte Fino, 12C | Active | €300,000 | €2,459 | 13.9% | 62 | 56 |
| Monte Gordo · cfdde9 | Active | €265,000 | €3,732 | 30.6% | 68 | 52 |
| Median comp | €282,500 | €3,238 | 13.3% | 68 | 55 |
Long-term rental This 2-bedroom apartment in Monte Gordo, listed at €220,000, is priced 43.3% above its fair value of €124,792, indicating significant overpricing. With a gross yield of 4.4% and a condition rating of 64/100, it does not promise sufficient returns to justify this elevated price point in the long-term rental market. Short-term vacation rental The demand for short-term vacation rentals in the Algarve may be appealing, yet this property is overpriced by 43.3% compared to its fair value of €124,792. The current gross yield of 4.4% is insufficient to offset the premium asking price, especially in a neighbourhood rated 61/100 for amenities. Family rental For families seeking rental options, this 2-bedroom apartment's listing price of €220,000 stands at a substantial 43.3% above its fair value of €124,792, indicating overpricing. While the property ranks decently with a condition score of 64/100, the financials do not align well for families looking for value in their housing choices.
Economic Vulnerability With an economic stability score of 55/100, there is a risk that fluctuations in the local economy could lead to decreased property value or increased vacancy rates.
