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 on the 1st floor, energy rating A. Located on rua Dom João de Aboim, 36, Monte Gordo parish, Vila Real de Santo António municipality, Faro district. This first-floor apartment offers unparalleled sea views and immediate beach access, ideal for investors seeking a lucrative seasonal rental in a prime coastal location.
The valuation. The asking price of €365,000 significantly exceeds the fair value of €87,848 by €277,152 (75.9%), confirming that the property is overpriced. This discrepancy suggests a lack of market alignment and potential difficulties in future transactions.
Fair value modelled at €87,848 from the area baseline, adjusted for condition and location. Asking €365,000 sits €277,152 (75.9%) above — overpriced versus fair value.
Asking €365,000 versus the rua Dom João de Aboim, 36 area baseline of €224,950 (€4,090/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 (Condition 65 · Materials 60 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 61/100 (Housing Market 60 · Amenities 65 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Dom João de Aboim, 36
Area baseline €224,950 + condition -€10,742 + location +€4,155 = modelled fair value of €87,848 (€1,597/m²), a €277,152 (75.9%) gap versus the €365,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Dom João de Aboim, 36 | Subject | €365,000 | €6,636 | — | 65 | 61 |
| rua Dom Francisco de Almeida | Active | €229,000 | €4,404 | 33.6% | 60 | 62 |
| rua Nossa Senhora das Dores | Active | €214,000 | €5,487 | 17.3% | 80 | 65 |
| rua Dom Francisco de Almeida | Active | €575,000 | €6,765 | 1.9% | 76 | 58 |
| Monte Gordo · f36303 | Active | €420,000 | €5,455 | 17.8% | 80 | 53 |
| Median comp | €324,500 | €5,471 | 17.6% | 78 | 60 |
Long-term rental The property is not suitable for long-term rental, as its listing price of €365,000 significantly exceeds the fair value of €87,848, indicating a 75.9% gap. With a gross yield of only 2.3%, it fails to provide an attractive return on investment compared to prevailing rental market conditions. Short-term vacation rental This 1-bed apartment is overpriced at €365,000 relative to its fair value of €87,848, leading to a concerning 75.9% premium. Although tourism is important for the local economy, the high cost coupled with a moderate condition rating of 63/100 may deter potential short-term guests from booking. Buy-and-hold Acquiring this property for a buy-and-hold strategy is unadvisable due to its listing price of €365,000 being 75.9% above the fair value of €87,848. The low yield of 2.3% further underscores the challenges of achieving sufficient returns over the long term in this overpriced market.
Moderate Economic Risk The economic stability score of 55/100 indicates potential volatility in income streams, suggesting a less reliable tenant base that could impact rental income.
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