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, built in 1972, energy rating D. Located on avenida Ministro Duarte Pacheco, Vila Real de Santo António parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: The apartment features a south-facing balcony that enhances natural light and offers views of the vibrant surrounding area in Vila Real de Santo António.
The valuation. The asking price of €195,000 is slightly above the fair value of €194,289, indicating an overpriced situation by €711 (0.4%). Buy-to-flip angle. The resale strategy focuses on enhancing the apartment's appeal with minor renovations, potentially increasing its value and attracting buyers in the moderately strong Algarve market. Buy-to-let angle. A long-term rental strategy would aim for an estimated gross yield of 5.1%, generating approximately €829 per month, aligning with the demand for rental properties in the tourism-dependent area.
Fair value modelled at €194,289 from the area baseline, adjusted for condition and location. Asking €195,000 sits €711 (0.4%) above — overpriced versus fair value.
Asking €195,000 versus the avenida Ministro Duarte Pacheco area baseline of €201,001 (€2,831/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 (Condition 60 · Materials 70 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 52/100 (Housing Market 50 · Amenities 55 · Economic 45 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
avenida Ministro Duarte Pacheco
Area baseline €201,001 + condition -€10,539 + location +€1,626 = modelled fair value of €194,289 (€2,736/m²), a €711 (0.4%) gap versus the €195,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Ministro Duarte Pacheco | Subject | €195,000 | €2,746 | — | 60 | 52 |
| Vila Real de Santo António · 90d91a | Active | €225,000 | €2,744 | 0.1% | — | 53 |
| urbanização Monte Fino, 12C | Active | €300,000 | €2,459 | 10.5% | 62 | 56 |
| Vila Real de Santo António · 1e6399 | Active | €280,000 | €3,373 | 22.8% | 73 | 57 |
| rua Jornal do Algarve, 4B4 | Active | €209,000 | €2,944 | 7.2% | 70 | 60 |
| Median comp | €252,500 | €2,844 | 3.6% | 70 | 57 |
Long-term rental This 2-bed apartment, listed at €195,000, reflects a minimal gap of 0.4% above the fair value of €194,289, indicating it is overpriced for long-term rental purposes. Given the neighbourhood's low quality score of 52/100 and the reliance on tourism, this property poses significant risks for consistent rental income. Short-term vacation rental The gross yield of 5.1% may initially appear attractive, but the property's pricing at €195,000, slightly above the fair value, signifies it is overpriced for short-term vacation rental strategies. Furthermore, the moderate strength of the housing market and the low condition score of 66/100 suggest that potential returns could be diminished in such a highly competitive tourism market.
Economic Vulnerability With an economic stability score of 45/100, there is a heightened risk of financial downturns impacting rental income and property value.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Free — sign in to request
