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.
4-bedroom, 3-bathroom apartment of 161 m², energy rating A+. Located Monte Gordo parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: This apartment features a spacious open-plan living room that invites natural light, complemented by a sea view and an additional versatile interior space ideal for a home office or storage.
The valuation. The asking price of €997,500 significantly exceeds the fair value of €312,042, presenting a gap of €685,458 (68.7%). Consequently, this property is considered overpriced.
Fair value modelled at €312,042 from the area baseline, adjusted for condition and location. Asking €997,500 sits €685,458 (68.7%) above — overpriced versus fair value.
Asking €997,500 versus the Monte Gordo, Vila Real de Santo António, Faro area baseline of €276,437 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 (Condition 85 · Materials 88 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 64/100 (Housing Market 70 · Amenities 60 · Economic 55 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Monte Gordo, Vila Real de Santo António, Faro
Area baseline €276,437 + condition +€20,125 + location +€15,480 = modelled fair value of €312,042 (€1,938/m²), a €685,458 (68.7%) gap versus the €997,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Monte Gordo · 6fbc67 | Subject | €997,500 | €6,196 | — | 85 | 64 |
| Monte Gordo · f36303 | Active | €420,000 | €5,455 | 12.0% | 80 | 53 |
| rua Dom Francisco de Almeida | Active | €575,000 | €6,765 | 9.2% | 76 | 58 |
| rua Nossa Senhora das Dores | Active | €214,000 | €5,487 | 11.4% | 80 | 65 |
| rua do Celeiro, 10 | Active | €295,000 | €2,458 | 60.3% | 75 | 61 |
| Median comp | €357,500 | €5,471 | 11.7% | 78 | 60 |
Short-term vacation rental The short-term vacation rental strategy is not feasible as the property is overpriced by 68.7% relative to its fair value of €312,042, making it a less attractive investment. Additionally, with a gross yield of 0%, the potential for return in this segment is significantly compromised. Long-term rental Investing in long-term rental is unsuitable due to the property being overpriced, with a market gap indicating a disconnect from fair value. This pricing limits the capacity to secure a competitive rental income and appeal to tenants looking for value in a neighborhood rated only 64/100. Buy-and-hold The buy-and-hold strategy is challenged by the fact that the property is currently overpriced by nearly 70% against its fair value. This premium price undermines the potential for capital appreciation and income generation, particularly in a tourism-dependent area with limited rental demand metrics. Not ideal for The property should be excluded from student housing, luxury market, and value-add renovation strategies due to its significant overpricing and lack of prospects in these segments.
Economic Vulnerability The property's economic stability score of 55/100 indicates a significant risk due to potential fluctuations in local market conditions that could affect long-term viability.
