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 70 m², energy rating C. Located on rua de Ceuta, 2, Monte Gordo parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: This apartment includes a rarely available additional room, perfect for a home office or guest accommodation, enhancing its functionality beyond typical one-bedroom units.
The valuation. The asking price of €275,000 is significantly above the fair value of €127,055, reflecting an overpricing of €147,945, or 53.8%. This valuation suggests an unfavorable investment if considering current market conditions.
Fair value modelled at €127,055 from the area baseline, adjusted for condition and location. Asking €275,000 sits €147,945 (53.8%) above — overpriced versus fair value.
Asking €275,000 versus the rua de Ceuta, 2 area baseline of €286,300 (€4,090/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 77 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 57/100 (Housing Market 60 · Amenities 60 · Economic 50 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
rua de Ceuta, 2
Area baseline €286,300 + condition +€3,500 + location +€3,365 = modelled fair value of €127,055 (€1,815/m²), a €147,945 (53.8%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Ceuta, 2 | Subject | €275,000 | €3,929 | — | 77 | 57 |
| autoestrada N125 | Active | €225,000 | €4,891 | 24.5% | 80 | 53 |
| Monte Gordo · 956f3a | Active | €300,000 | €4,286 | 9.1% | 75 | 58 |
| rua Diogo Cão, 2 | Active | €470,000 | €5,949 | 51.4% | 74 | 55 |
| Monte Gordo · 6fbafd | Active | €250,000 | €3,846 | 2.1% | 70 | 65 |
| Median comp | €275,000 | €4,589 | 16.8% | 75 | 57 |
Buy-and-hold The property at €275,000 is significantly overpriced compared to its fair value of €127,055, resulting in a 53.8% gap that suggests no immediate appreciation potential. With a gross yield of only 3.2%, the investment fails to provide sufficient return potential in the long run, particularly given the rural characteristics and limited amenities of the location. Long-term rental Investing in this 1-bed apartment for long-term rental is unadvised, as the high listing price does not align with the property’s fair valuation and gross yield. The surrounding area offers limited local amenities, which may deter prospective tenants and impact rental profitability over time. Not ideal for: Luxury market, Student housing This property, given its condition rating of 78/100 and neighborhood quality of 57/100, is unsuitable for the luxury market and student housing ventures as it fails to attract these demographics effectively. The rural characteristics and requirement for a car limit the potential tenant base significantly, reducing demand in these sectors.
Economic Volatility Risk The economic stability score of 50/100 indicates a risk of fluctuations in the local economy that could negatively impact property values and rental incomes.**
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