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.
1-bedroom, 1-bathroom apartment of 39 m², built in 2019, energy rating A. Located on rua Nossa Senhora das Dores, Monte Gordo parish, Vila Real de Santo António municipality, Faro district. This property features a south-facing orientation that maximizes natural light, and is situated just 300 meters from the picturesque Monte Gordo Beach.
The valuation. The asking price of €214,000 is significantly above fair value of €74,089, sitting at €139,911 (65.4%) over. This property is deemed overpriced and not a prudent investment opportunity.
Fair value modelled at €74,089 from the area baseline, adjusted for condition and location. Asking €214,000 sits €139,911 (65.4%) above — overpriced versus fair value.
Asking €214,000 versus the rua Nossa Senhora das Dores area baseline of €66,963 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 80 · Materials 81 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 65/100 (Housing Market 65 · Amenities 70 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Nossa Senhora das Dores
Area baseline €66,963 + condition +€3,108 + location +€4,018 = modelled fair value of €74,089 (€1,900/m²), a €139,911 (65.4%) gap versus the €214,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Nossa Senhora das Dores | Subject | €214,000 | €5,487 | — | 80 | 65 |
| rua Dom Francisco de Almeida | Active | €575,000 | €6,765 | 23.3% | 76 | 58 |
| Monte Gordo · f36303 | Active | €420,000 | €5,455 | 0.6% | 80 | 53 |
| rua Dom Francisco de Almeida | Active | €229,000 | €4,404 | 19.7% | 60 | 62 |
| autoestrada N125 | Active | €225,000 | €4,891 | 10.9% | 80 | 53 |
| Median comp | €324,500 | €5,173 | 5.7% | 78 | 56 |
Long-term rental The current pricing of the property at €214,000 significantly exceeds its fair value of €74,089, presenting a gap of 65.4%. With a gross yield of only 3.2%, this investment lacks the financial appeal typically desired for long-term rental opportunities. Short-term vacation rental Despite the attraction of the Algarve region for tourism, the substantial overvaluation of the property limits its potential for profitable short-term vacation rentals, given its fair value of €74,089. The gross yield of 3.2% does not justify the high listing price, implying significant financial risk in a saturated market. Buy-and-hold With the property priced at €214,000 versus a fair valuation of €74,089, the investment appears unwise for a buy-and-hold strategy as this gap of 65.4% erodes potential long-term gains. The low yield of 3.2% fails to reflect a compelling case for appreciation, especially in a market influenced heavily by tourism dynamics. Not ideal for student housing Given its significant overpricing and the relatively low yield of 3.2%, this property is not suited for student housing investment. The connection to an expat and tourist demographic undermines its potential attractiveness for this rental segment.
Economic Vulnerability The property faces risks due to a relatively low economic stability score of 55/100, indicating potential fluctuations in the local economy that could affect revenue generation.
