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 75 m², energy rating E. Located on urbanização Orlamar, 3, Vila Nova de Cacela parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: This apartment boasts a sunlit balcony with unobstructed sea views, perfect for enjoying coastal sunsets and fresh sea breezes. Condition Verdict: Fair
The valuation. The asking price of €355,000 significantly exceeds the fair value of €107,491 by €247,509 (69.7%). This property is deemed overpriced, highlighting a considerable disparity between market expectations and actual worth.
Fair value modelled at €107,491 from the area baseline, adjusted for condition and location. Asking €355,000 sits €247,509 (69.7%) above — overpriced versus fair value.
Asking €355,000 versus the urbanização Orlamar, 3 area baseline of €264,450 (€3,526/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 54/100 (Condition 58 · Materials 50 · Room dimensions 56). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 56/100 (Housing Market 60 · Amenities 50 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
urbanização Orlamar, 3
Area baseline €264,450 + condition -€24,375 + location +€3,091 = modelled fair value of €107,491 (€1,433/m²), a €247,509 (69.7%) gap versus the €355,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| urbanização Orlamar, 3 | Subject | €355,000 | €4,733 | — | 58 | 56 |
| Altura · 4bbc8d | Active | €350,000 | €3,211 | 32.2% | 70 | 63 |
| avenida Manuel G. Rosa Mendes | Active | €290,000 | €3,766 | 20.4% | 65 | 61 |
| Altura · cfe217 | Active | €320,000 | €3,765 | 20.5% | 70 | 62 |
| rua Duque de Terceira, 35 | Active | €330,000 | €3,143 | 33.6% | — | 60 |
| Median comp | €325,000 | €3,488 | 26.3% | 70 | 62 |
Short-term vacation rental The property at €355,000 is significantly overpriced compared to the fair value of €107,491, suggesting a substantial risk in achieving profitable returns, particularly with a gross yield of only 2.5%. Additionally, the low condition rating of 54/100 and the neighborhood score of 56/100 indicate that this property may struggle to attract consistent short-term rentals even in the tourist-heavy Algarve region. Buy-and-hold Investing in this one-bedroom apartment for long-term retention is not advisable due to its substantial overvaluation, with a staggering 69.7% gap from the fair value. The combination of a low yield and below-average locality ratings raises concerns about future appreciation and tenant demand in a seasonal market heavily influenced by tourism. Family rental Given the €355,000 asking price compared to a fair value of €107,491, this property is clearly overpriced for a family rental investment, which typically seeks better returns. With a gross yield of just 2.5% and a neighborhood that rates poorly, potential family tenants may opt for more affordable and desirable options in the area. Not ideal for: Student housing, Luxury market, Industrial investment This property does not fit well into student housing, given its high price and underwhelming neighborhood conditions. Similarly, it is ill-suited for the luxury market and industrial investment due to the limitations posed by its location and overall appeal.
Economic Vulnerability With an economic stability score of 55/100, there is a risk that local economic downturns may negatively impact tenant demand and property values.
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