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.
2-bedroom, 1-bathroom apartment of 84 m² on the 4th floor, energy rating C. Located Monte Gordo parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: The apartment features a large balcony with a built-in BBQ, perfect for outdoor dining while enjoying panoramic sea views and coastal breezes.
The valuation. The asking price of €440,000 is significantly above the fair value of €147,219, indicating an overvaluation of €292,781 (66.5%). This price does not align with the market trends and could deter potential buyers.
Fair value modelled at €147,219 from the area baseline, adjusted for condition and location. Asking €440,000 sits €292,781 (66.5%) above — overpriced versus fair value.
Asking €440,000 versus the Monte Gordo, Vila Real de Santo António, Faro area baseline of €343,560 (€4,090/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 74 · Materials 78 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 52/100 (Housing Market 50 · Amenities 55 · Economic 45 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Monte Gordo, Vila Real de Santo António, Faro
Area baseline €343,560 + condition +€1,838 + location +€1,154 = modelled fair value of €147,219 (€1,753/m²), a €292,781 (66.5%) gap versus the €440,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Monte Gordo · 225a53 | Subject | €440,000 | €5,238 | — | 74 | 52 |
| rua Diogo Cão, 2 | Active | €470,000 | €5,949 | 13.6% | 74 | 55 |
| rua de Gonçalo Velho | Active | €295,000 | €2,950 | 43.7% | 75 | 59 |
| Monte Gordo · 956f3a | Active | €300,000 | €4,286 | 18.2% | 75 | 58 |
| rua de Ceuta, 2 | Active | €275,000 | €3,929 | 25.0% | 77 | 57 |
| Median comp | €297,500 | €4,108 | 21.6% | 75 | 58 |
Long-term rental With a gross yield of only 2.3%, this property does not present an attractive long-term rental investment opportunity. Additionally, the substantial gap of 66.5% from fair value suggests a significant risk of capital loss. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable given its overpriced status, with a fair value significantly lower than the asking price. The neighborhood rating of 52/100 also indicates potential challenges in tenant quality and long-term appreciation. Family rental While family rentals may seem appealing in the Algarve, this apartment's high price relative to its fair value makes it a risky investment. With a neighborhood score of only 52/100, it is likely to struggle in attracting families looking for quality accommodations at a reasonable price.
Economic Vulnerability The economic stability score of 45/100 indicates a high risk of unforeseen economic downturns impacting property value and rental income.
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