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 €203,202 (€2,862/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 €203,202 + 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.
