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 52 m², built in 2005, energy rating B. Located on rua Dom Francisco de Almeida, Monte Gordo parish, Vila Real de Santo António municipality, Faro district. Partial sea view and 150 meters to the beach, providing an attractive location for investors and vacationers alike.
The valuation. The asking price of €229,000 sits significantly above the fair value of €78,538, representing an overpayment of €150,462 (65.7%). This property is thus considered overpriced.
Fair value modelled at €78,538 from the area baseline, adjusted for condition and location. Asking €229,000 sits €150,462 (65.7%) above — overpriced versus fair value.
Asking €229,000 versus the rua Dom Francisco de Almeida area baseline of €89,284 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 57/100 (Condition 60 · Materials 55 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 62/100 (Housing Market 65 · Amenities 55 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Dom Francisco de Almeida
Area baseline €89,284 + condition -€15,031 + location +€4,286 = modelled fair value of €78,538 (€1,510/m²), a €150,462 (65.7%) gap versus the €229,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Dom Francisco de Almeida | Subject | €229,000 | €4,404 | — | 60 | 62 |
| Monte Gordo · 6fbafd | Active | €250,000 | €3,846 | 12.7% | 70 | 65 |
| rua Dom Francisco de Almeida | Active | €575,000 | €6,765 | 53.6% | 76 | 58 |
| rua Nossa Senhora das Dores | Active | €214,000 | €5,487 | 24.6% | 80 | 65 |
| rua Gil Eanes S / N | Active | €275,000 | €3,986 | 9.5% | 62 | 55 |
| Median comp | €262,500 | €4,737 | 7.6% | 73 | 62 |
Family rental The property presents challenges as a family rental due to its high price point of €229,000, which significantly surpasses the fair value estimate of €78,538, indicating a valuation gap of 65.7%. With a gross yield of only 3.7%, potential family renters may seek more affordable and suitable options in the area. Long-term rental With a fair value of €78,538 and a current listing of €229,000, this property is not conducive to a long-term rental strategy, as it sits at a 65.7% premium above fair market value. The lower condition score of 57/100 and the overall neighborhood rating of 62/100 may further constrain long-term rental appeal. Value-add renovation The property is priced at €229,000, well above the fair value of €78,538, suggesting it is overvalued and may not justify renovation efforts given the current market conditions. While a value-add renovation could potentially improve the yield, the existing gross yield of 3.7% indicates limited financial upside, making this strategy less viable. Not ideal for This property is not suited for student housing as its pricing exceeds potential student budgets and demand. Additionally, the property is unsuitable for luxury market positioning, given its moderate condition and neighborhood ratings.
Economic and Tenant Instability The property faces a risk of fluctuating occupancy rates due to its economic stability score of 60/100 and tenant stability score of 60/100, indicating potential challenges in maintaining consistent rental income.
