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 78 m², energy rating C. Located Vila Real de Santo António parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: This apartment boasts an inviting sunroom laundry area adjacent to a uniquely tiled kitchen, enhancing both functionality and aesthetic appeal in a well-illuminated living space.
The valuation. The asking price of €299,000 is significantly above fair value, which is assessed at €224,410, representing a difference of €74,590 (24.9%). This property is overpriced relative to the current market conditions.
Fair value modelled at €224,410 from the area baseline, adjusted for condition and location. Asking €299,000 sits €74,590 (24.9%) above — overpriced versus fair value.
Asking €299,000 versus the Vila Real de Santo António, Vila Real de Santo António, Faro area baseline of €223,236 (€2,862/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 70 · Materials 75 · Room dimensions 73). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 55/100 (Housing Market 60 · Amenities 50 · 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 €223,236 + condition -€3,291 + location +€4,465 = modelled fair value of €224,410 (€2,877/m²), a €74,590 (24.9%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila Real de Santo António · f365f2 | Subject | €299,000 | €3,833 | — | 70 | 55 |
| praça Marquês de Pombal | Active | €280,000 | €3,944 | 2.9% | 65 | 53 |
| rua Gil Eanes S / N | Active | €275,000 | €3,986 | 4.0% | 62 | 55 |
| Vila Real de Santo António · 6fb7fe | Active | €279,000 | €3,444 | 10.1% | 62 | 50 |
| Monte Gordo · b7b54f | Active | €420,000 | €4,330 | 13.0% | 69 | 53 |
| Median comp | €279,500 | €3,965 | 3.4% | 64 | 53 |
Short-term vacation rental The property is overpriced at €299,000, while the fair value stands at €224,410, indicating a significant gap of 24.9%. Given its location near the Algarve, the apartment may appeal to tourists; however, its lack of central coast positioning and the overall 3.2% gross yield raises concerns about its investment potential. Long-term rental With a fair value of €224,410 compared to the listing price of €299,000, this property is overpriced by 24.9%, which is not ideal for long-term rental strategies. The neighbourhood's score of 55/100 and the reliance on tourism-focused amenities suggest limited tenant diversification, making consistent demand uncertain in the long run.
High Economic Risk With an economic stability score of 40/100, there is a significant risk of economic downturn affecting tenant demand and property value.
