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.
3-bedroom, 2-bathroom apartment of 112 m², built in 2009, energy rating C. Located on rua B, Vila Real de Santo António parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: The apartment includes a hot tub, pre-installation of ambient sound, and electric shutters in all rooms, enhancing modern living convenience and comfort.
The valuation. The asking price of €320,000 is below the fair value of €337,737, indicating the property is subvalued by €17,737, or 5.5%. This presents a favorable entry point for potential investors. Buy-to-flip angle. With minor updates needed in select areas, there’s an opportunity to enhance the property’s appeal quickly for a resale. This allows investors to capitalize on the burgeoning Algarve market for a lucrative flip. Buy-to-let angle. Given the estimated gross yield of 4% with anticipated rental income of €1,067/month, this property can provide steady cash flow. The location appeals to both long-term and short-term rental strategies, particularly in the lucrative tourism sector.
Fair value modelled at €337,737 from the area baseline, adjusted for condition and location. Asking €320,000 sits €17,737 (5.5%) below — the upside to fair value.
Asking €320,000 versus the rua B area baseline of €317,072 (€2,831/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 78 · Room dimensions 77). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 63/100 (Housing Market 70 · Amenities 60 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua B
Area baseline €317,072 + condition +€525 + location +€16,668 = modelled fair value of €337,737 (€3,016/m²), a €17,737 (5.5%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua B | Subject | €320,000 | €2,857 | — | 72 | 63 |
| rua B | Active | €340,000 | €3,036 | 6.2% | 70 | 58 |
| Vila Real de Santo António · 6f40dd | Active | €290,000 | €3,085 | 8.0% | 75 | 60 |
| Monte Gordo · 41ff9a | Active | €295,000 | €3,073 | 7.6% | 67 | 55 |
| rua 25 de Abril, 38 | Active | €290,000 | €2,132 | 25.4% | 65 | 62 |
| Median comp | €292,500 | €3,055 | 6.9% | 69 | 59 |
Long-term rental This 3-bed apartment in Vila Real de Santo António, listed at €320,000, is priced attractively compared to its fair value of €337,737, indicating it is underpriced by 5.5%. With a gross yield of 4%, it presents a solid opportunity for stable long-term rental income in a tourism-driven market. Short-term vacation rental Given its appeal in a tourist-centric region, this property, priced at €320,000 and underpriced relative to its fair value, is well-situated for a short-term vacation rental strategy. The favorable yield of 4% enhances its attractiveness as a vacation rental in Algarve's competitive market. Family rental This apartment's pricing at €320,000 under the fair market value presents a unique opportunity for family rentals in Vila Real de Santo António. Its decent condition rating of 75/100 and the area's low crime rates create an appealing environment for families looking for long-term housing options.
Economic Vulnerability The property's economic stability score of 55 indicates a notable risk due to potential economic fluctuations that could impact property values and rental income.
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