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 includes a spacious balcony ideal for enjoying sea views and is conveniently located just a short 250 meters from the beach.
The valuation. The asking price of €355,000 is significantly higher than the fair value of €239,433, representing an overpriced position by €115,567 or 32.6%. This discrepancy suggests a lack of justification for the premium.
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 €128,775 (€1,717/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. Full condition report →
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. Full location report →
urbanização Orlamar, 3
Area baseline €128,775 + 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.
Short-term vacation rental This property, priced at €355,000, is overpriced relative to its fair value of €239,433, resulting in a significant 32.6% gap. Additionally, with a gross yield of only 2.5%, it poses challenges for profitability in the competitive short-term rental market. Buy-and-hold Given the property's fair value of €239,433 compared to its listing price of €355,000, it is clear that this investment is overpriced and unlikely to yield sufficient returns over the long term. Furthermore, with the current condition rating of 54, ongoing maintenance will further erode potential investment returns. Family rental At a listing price of €355,000 against a fair market valuation of €239,433, this property is overpriced and may not attract tenants seeking reasonable rental rates. The neighbourhood's low tenant quality rating of 56 further suggests challenges in securing stable long-term tenants, making it a less attractive option for family rentals.
Economic Volatility Risk With an economic stability score of 55/100, this property may face significant market fluctuations that could impact rental income and property value.
