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, 3-bathroom apartment of 96 m², built in 1997. Located Monte Gordo parish, Vila Real de Santo António municipality, Faro district. This apartment includes two private balconies, enhancing outdoor space and providing opportunities for relaxation with excellent solar exposure throughout the day.
The valuation. The asking price of €295,000 is significantly above the fair value of €153,729, marking a difference of €141,271 (47.9%). This property is overpriced considering its valuation metrics.
Fair value modelled at €153,729 from the area baseline, adjusted for condition and location. Asking €295,000 sits €141,271 (47.9%) above — overpriced versus fair value.
Asking €295,000 versus the Monte Gordo, Vila Real de Santo António, Faro area baseline of €164,832 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 67 · Materials 64 · Room dimensions 67). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 55/100 (Housing Market 50 · Amenities 60 · Economic 45 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Monte Gordo, Vila Real de Santo António, Faro
Area baseline €164,832 + condition -€14,400 + location +€3,297 = modelled fair value of €153,729 (€1,601/m²), a €141,271 (47.9%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Monte Gordo · 41ff9a | Subject | €295,000 | €3,073 | — | 67 | 55 |
| Vila Real de Santo António · 6fb7fe | Active | €279,000 | €3,444 | 12.1% | 62 | 50 |
| Vila Real de Santo António · 6f40dd | Active | €290,000 | €3,085 | 0.4% | 75 | 60 |
| rua B | Active | €340,000 | €3,036 | 1.2% | 70 | 58 |
| Monte Gordo · b7b54f | Active | €420,000 | €4,330 | 40.9% | 69 | 53 |
| Median comp | €315,000 | €3,265 | 6.2% | 70 | 56 |
Long-term rental The property is overpriced at €295,000 compared to a fair value of €153,729, indicating a significant misalignment in market expectations. With a gross yield of only 3.3%, the long-term rental strategy is unlikely to meet investor return expectations and risks underperformance. Buy-and-hold Investing in this property with a gap to fair value of 47.9% poses considerable risk, as it is priced at €295,000 while fair market value sits at €153,729. The moderate condition score of 65/100 further contributes to the potential for a lackluster appreciation during a hold period. Short-term vacation rental Given its high price point of €295,000 and a fair value of only €153,729, this property is not an attractive option for a short-term vacation rental strategy. Additionally, the 3.3% gross yield suggests limited profitability, especially in a market with a neighbourhood score of 55/100, indicating challenges for attracting seasonally fluctuating rental demand.
Economic Decline Risk Economic stability is low at 45/100, indicating a heightened risk of economic downturn affecting tenant retention and rental income stability.
