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 120 m², energy rating D. Located on rua Doutor Manuel de Arriaga, 26, Vila Real de Santo António parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: This apartment uniquely offers a private pool and garage in a historic urban center, combining luxury with the charm of Vila Real de Santo António's rich heritage.
The valuation. The asking price of €549,000 is significantly above the fair value of €363,935, representing an overpricing of €185,065 (33.7%). This suggests that the property does not present a financially viable investment opportunity.
Fair value modelled at €363,935 from the area baseline, adjusted for condition and location. Asking €549,000 sits €185,065 (33.7%) above — overpriced versus fair value.
Asking €549,000 versus the rua Doutor Manuel de Arriaga, 26 area baseline of €342,600 (€2,855/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 (Condition 82 · Materials 87 · Room dimensions 84). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 54/100 (Housing Market 50 · Amenities 50 · Economic 40 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Doutor Manuel de Arriaga, 26
Area baseline €342,600 + condition +€15,000 + location +€5,495 = modelled fair value of €363,935 (€3,033/m²), a €185,065 (33.7%) gap versus the €549,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Manuel de Arriaga, 26 | Subject | €549,000 | €4,575 | — | 82 | 54 |
| rua Diogo Cão, 2 | Active | €470,000 | €5,949 | 30.0% | 74 | 55 |
| rua Jornal do Algarve, 3A3 | Active | €345,000 | €3,000 | 34.4% | 75 | 53 |
| rua de Angola | Active | €399,000 | €3,874 | 15.3% | 66 | 64 |
| Monte Gordo · 956f3a | Active | €300,000 | €4,286 | 6.3% | 75 | 58 |
| Median comp | €372,000 | €4,080 | 10.8% | 75 | 57 |
Long-term rental The property is not ideal for long-term rental due to its pricing, as it is currently listed at €549,000, significantly above its fair value of €363,935, resulting in a 33.7% premium. With a low gross yield of 2.4% and a neighborhood score of 54/100, the financials do not support an optimal rental investment. Retirement housing Although Vila Real de Santo António may appeal to retirees, the apartment’s asking price of €549,000 is overvalued by 33.7% compared to its fair value of €363,935. The property's gross yield of 2.4% and a relatively low neighborhood score may deter potential buyers looking for affordable retirement options. Buy-and-hold Investing as a buy-and-hold strategy is unfavorable in this situation, as the property valuation is set at €549,000 compared to a fair value of €363,935, indicating a 33.7% discrepancy. Additionally, the low yield of 2.4% suggests limited returns over the long term, further diminishing its attractiveness for sustained investment.
Economic vulnerability With an economic stability score of 40/100, this property is at risk due to potential fluctuations in the local economy affecting tenant retention and rental income viability.
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