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 74 m² on the 4th floor, built in 1994, energy rating C. Located on travessa Bartolomeu Dias, 10, Monte Gordo parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: The apartment's top-floor location ensures uninterrupted views and enhanced privacy, while the energy-efficient A+ double-glazed windows significantly reduce external noise and optimize energy use.
The valuation. The asking price of €280,000 is slightly below the fair value of €292,360, resulting in a fair market position. This indicates a balanced opportunity without significant immediate profit potential based on current market analysis.
Fair value modelled at €292,360 from 6 comparable sales in the area. Asking €280,000 sits €12,360 (4.2%) below — the upside to fair value.
Asking €280,000 versus the travessa Bartolomeu Dias, 10 area baseline of €274,871 (€3,714/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €274,871, adjusted for condition and micro-location, gives a modelled fair value of €292,360 (€3,951/m²), a €12,360 (4.2%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa Bartolomeu Dias, 10 | Subject | €280,000 | €3,784 | — | 65 | 53 |
| Monte Gordo · 6fbafd | Active | €250,000 | €3,846 | 1.6% | 70 | 65 |
| rua Diogo Cão, 2 | Active | €470,000 | €5,949 | 57.2% | 74 | 55 |
| Monte Gordo · 225a5b | Active | €245,000 | €3,952 | 4.4% | 65 | 62 |
| praça Marquês de Pombal | Active | €280,000 | €3,944 | 4.2% | 65 | 53 |
| Median comp | €265,000 | €3,948 | 4.3% | 68 | 59 |
Long-term rental The property at Monte Gordo offers a gross yield of 3.7%, reflecting stable demand attributed to its proximity to the Algarve. While the property is currently at fair value, the neighborhood's relatively low score of 53/100 indicates limited economic prospects that could impact rental demand over the long term. Value-add renovation With the condition rating of 64/100, there is potential for value-add renovations to enhance the property's appeal and rental income. However, the fair valuation at €280,000 suggests a modest risk-return trade-off, as renovations may only marginally increase future valuation prospects given the surrounding neighborhood dynamics. Family rental The apartment's two-bedroom configuration is suitable for families seeking a long-term rental in a quiet, rural setting, despite the seasonal market fluctuations typical in the area. Nonetheless, with a fair value designation and an average neighborhood score, this property may not be the most compelling option in terms of long-term family rental potential. Not ideal for: Luxury market, Short-term vacation rental, Student housing
Economic volatility risk The economic stability score of 45/100 indicates a significant risk of economic fluctuations that could affect tenant demand and rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
