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, 3-bathroom apartment of 317 m². Located Vila Nova de Cacela parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: This penthouse offers exclusive access to championship golf facilities and a concierge service, enhancing both leisure and convenience for residents.
The valuation. The asking price of €1,200,000 is significantly above the fair value of €205,462, resulting in an exaggerated mark-up of €994,538 (82.9%). Verdict: overpriced. Buy-to-flip angle. A buy-to-flip strategy would require substantial renovation to justify a higher resale value in the tourism-driven market, though current condition stands at 0/100. Buy-to-let angle. With a gross yield of 0% and a strategic focus on short-term vacation rentals, the apartment's appeal lies in its location near Tavira despite its current lack of rental potential.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila Nova de Cacela · 4d44d1 | Subject | €1,200,000 | €3,785 | — | — | 65 |
| Vila Nova de Cacela · 49b8d9 | Active | €315,000 | €3,424 | 9.6% | — | 54 |
| Vila Nova de Cacela · 0dcf71 | Active | €450,000 | €5,233 | 38.2% | — | 55 |
| Vila Nova de Cacela · 6f405a | Active | €745,000 | €4,967 | 31.2% | 75 | 52 |
| Conceição e Cabanas de Tavira · 420173 | Active | €495,000 | €3,898 | 3.0% | 76 | 68 |
| Median comp | €472,500 | €4,433 | 17.1% | 76 | 55 |
Short-term vacation rental The property’s €1,200,000 listing price is significantly inflated compared to the fair value of €205,462, indicating an 82.9% gap that suggests a poor investment for short-term vacation rentals. Additionally, with a gross yield of 0% and a condition score of 0/100, the prospects for generating rental income are virtually nonexistent. Long-term rental At a listing price of €1,200,000, this property is overpriced by 82.9% compared to its fair value of €205,462, making it an unattractive option for long-term rental income. The lack of profitability is further emphasized by a 0% gross yield, ensuring that long-term tenants would not be able to justify the investment cost. Family rental The €1,200,000 asking price is excessively high in relation to the fair value of €205,462, suggesting that this property is overpriced for families seeking long-term housing. With a gross yield of 0% and a condition rating of 0/100, it would be difficult to attract families to this property in its current state. Not ideal for student housing The property is overpriced at €1,200,000, far exceeding the fair value of €205,462, making it a poor fit for the student housing market typically characterized by lower rental price points. Given the substantial 82.9% gap in value, it fails to provide the affordability necessary for student tenants. Not ideal for luxury market With a listing price of €1,200,000, this property does not align with luxury market expectations given its fair value of €205,462 and an existing condition score of 0/100. The significant gap of 82.9% indicates that even affluent buyers would reconsider such an overpriced investment in the current condition.
Economic Vulnerability The property has a moderate economic stability score of 60/100, indicating potential risks in localized economic downturns affecting tenant retention or rental income stability.
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