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 71 m², energy rating C. Located Monte Gordo parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: The apartment boasts a spacious West-facing balcony accessible from both the living room and second bedroom, enhancing the indoor-outdoor living experience with excellent natural light. Condition Notes: The kitchen is functional but dated and could benefit from aesthetic upgrades.
The valuation. The asking price of €265,000 is significantly above the fair value of €112,343, with an excess of €152,657, translating to 57.6% overpriced. This makes the property a poor investment based on valuation metrics.
Fair value modelled at €112,343 from the area baseline, adjusted for condition and location. Asking €265,000 sits €152,657 (57.6%) above — overpriced versus fair value.
Asking €265,000 versus the Monte Gordo, Vila Real de Santo António, Faro area baseline of €285,775 (€4,025/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 (Condition 68 · Materials 62 · Room dimensions 66). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 52/100 (Housing Market 55 · Amenities 60 · Economic 45 · Tenant Quality 50). Strong amenities and housing-market momentum support a premium to baseline.
Monte Gordo, Vila Real de Santo António, Faro
Area baseline €285,775 + condition -€10,539 + location +€975 = modelled fair value of €112,343 (€1,582/m²), a €152,657 (57.6%) gap versus the €265,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Monte Gordo · cfdde9 | Subject | €265,000 | €3,732 | — | 68 | 52 |
| rua Gil Eanes S / N | Active | €275,000 | €3,986 | 6.8% | 62 | 55 |
| Monte Gordo · 4bbc55 | Active | €320,000 | €3,810 | 2.1% | 70 | 63 |
| Monte Gordo · b7b54f | Active | €420,000 | €4,330 | 16.0% | 69 | 53 |
| Monte Gordo · 49b8be | Active | €285,000 | €3,519 | 5.7% | 75 | 59 |
| Median comp | €302,500 | €3,898 | 4.4% | 70 | 57 |
Long-term rental The 2-bed apartment in Monte Gordo is priced at €265,000, significantly exceeding the fair value of €112,343, indicating it is overpriced. With a gross yield of only 3.8% and a neighborhood score of 52/100, the long-term rental strategy is unlikely to deliver satisfactory returns for investors. Value-add renovation Considering the current listing price of €265,000 against a fair value of €112,343, this property is overpriced and may not justify the costs associated with a renovation strategy. Additionally, the 66/100 condition rating suggests that while some value could be added through improvements, the overall investment may not be sound given the significant gap from fair value. Family rental At a listing price of €265,000, which is 57.6% above the fair value, this property is overpriced and may not attract the desired family rental demographic. The neighborhood’s lower score of 52/100 and limited amenities may hinder its appeal to families seeking sustainable rental options.
Economic and Tenant Instability With an economic stability score of 45/100 and a tenant stability score of 50/100, there is a significant risk associated with potential fluctuations in rental income and tenant turnover, impacting cash flow and overall investment viability.
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