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 83 m², energy rating D. Located Vila Real de Santo António parish, Vila Real de Santo António municipality, Faro district. Noteworthy Feature: The apartment includes a cozy fireplace in the spacious living room, enhancing the ambiance during colder months, and offers direct access to a private balcony from the kitchen for outdoor enjoyment.
The valuation. The asking price of €280,000 sits €34,246 (12.2%) above the fair value of €245,754, indicating that the property is overpriced. This discrepancy suggests that prospective buyers may want to negotiate aggressively.
Fair value modelled at €245,754 from the area baseline, adjusted for condition and location. Asking €280,000 sits €34,246 (12.2%) above — overpriced versus fair value.
Asking €280,000 versus the Vila Real de Santo António, Vila Real de Santo António, Faro area baseline of €237,546 (€2,862/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 73 · Materials 80 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 57/100 (Housing Market 50 · Amenities 60 · Economic 40 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Vila Real de Santo António, Vila Real de Santo António, Faro
Area baseline €237,546 + condition +€1,556 + location +€6,651 = modelled fair value of €245,754 (€2,961/m²), a €34,246 (12.2%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila Real de Santo António · 1e6399 | Subject | €280,000 | €3,373 | — | 73 | 57 |
| rua Jornal do Algarve, 4B4 | Active | €209,000 | €2,944 | 12.7% | 70 | 60 |
| avenida Ministro Duarte Pacheco | Active | €195,000 | €2,746 | 18.6% | 60 | 52 |
| urbanização Monte Fino, 12C | Active | €300,000 | €2,459 | 27.1% | 62 | 56 |
| Vila Real de Santo António · 6f40dd | Active | €290,000 | €3,085 | 8.5% | 75 | 60 |
| Median comp | €249,500 | €2,845 | 15.7% | 66 | 58 |
Long-term rental This property presents a gross yield of 3.4%, which falls below the expected returns in the Vila Real de Santo António market, indicating a less favorable investment opportunity. Given its overpriced status at €280,000 compared to a fair value of €245,754, long-term rental may not generate sufficient cash flow to justify the initial investment. Buy-and-hold While buy-and-hold strategies typically benefit from appreciation over time, this property is currently overpriced by 12.2% relative to its fair value, which could hinder potential capital growth. With a neighborhood rating of only 57/100 and limited amenities, the prospects for significant appreciation are diminished, making it a less attractive option for this strategy.
Economic Vulnerability The economic stability score of 40/100 indicates a significant risk of fluctuations in the local economy, potentially leading to increased vacancy rates.
