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 55 m², energy rating D. Located on rua Afonso de Albuquerque, 39, Monte Gordo parish, Vila Real de Santo António municipality, Faro district. This apartment features dual exposure to the west and north, ensuring ample natural light throughout the day, and is situated just a short stroll from an award-winning beach.
The valuation. The asking price of €250,000 is significantly above the fair value of €83,707, representing a discrepancy of €166,293 (66.5%). This property is therefore considered overpriced.
Fair value modelled at €83,707 from the area baseline, adjusted for condition and location. Asking €250,000 sits €166,293 (66.5%) above — overpriced versus fair value.
Asking €250,000 versus the rua Afonso de Albuquerque, 39 area baseline of €224,950 (€4,090/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 59/100 (Condition 55 · Materials 60 · Room dimensions 62). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 58/100 (Housing Market 60 · Amenities 60 · Economic 55 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
rua Afonso de Albuquerque, 39
Area baseline €224,950 + condition -€13,750 + location +€3,022 = modelled fair value of €83,707 (€1,522/m²), a €166,293 (66.5%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Afonso de Albuquerque, 39 | Subject | €250,000 | €4,545 | — | 55 | 58 |
| Monte Gordo · 6fbafd | Active | €250,000 | €3,846 | 15.4% | 70 | 65 |
| rua Gil Eanes S / N | Active | €275,000 | €3,986 | 12.3% | 62 | 55 |
| rua de Ceuta, 2 | Active | €275,000 | €3,929 | 13.6% | 77 | 57 |
| Monte Gordo · 4bbc55 | Active | €320,000 | €3,810 | 16.2% | 70 | 63 |
| Median comp | €275,000 | €3,888 | 14.5% | 70 | 60 |
Long-term rental The current listing price of €250,000 significantly exceeds the fair value of €83,707, suggesting the property is overpriced. With a gross yield of only 3.4%, the return on investment is unlikely to attract long-term tenants in this rural Algarve market. Value-add renovation At a listing price of €250,000, the potential for profitable value-add renovations is severely compromised due to the significant gap from fair value. Investing in renovations may not provide adequate returns given the property's existing condition score of 59/100 and overall neighborhood rating of 58/100. Family rental The property’s high asking price of €250,000 indicates it is overpriced when compared to its fair market value of €83,707, which could deter families seeking affordable housing options. Additionally, the moderate yield of 3.4% combined with the property's condition implies that it may not meet family expectations for rental quality in the area.
Economic and Tenant Instability Risk The property carries a dual risk of economic and tenant instability, indicated by a low combined score of 55/100, suggesting potential difficulties in maintaining consistent rental income and tenant retention.
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