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, 2-bathroom apartment of 95 m² on the 3rd floor, built in 2002, energy rating E. Located on rua do Sapal Alto, 104, Monte Gordo parish, Vila Real de Santo António municipality, Faro district. This property features two balconies with stunning views and a private attic, enhancing its storage capacity and outdoor living potential in a tranquil environment.
The valuation. The asking price of €290,000 is €33,807 (13.2%) above the fair value of €256,193, indicating the property is overpriced. Investors should proceed with caution, as this discrepancy may affect future appreciation.
Fair value modelled at €256,193 from 6 comparable sales in the area. Asking €290,000 sits €33,807 (13.2%) above — overpriced versus fair value.
Asking €290,000 versus the rua do Sapal Alto, 104 area baseline of €313,366 (€3,299/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €313,366, adjusted for condition and micro-location, gives a modelled fair value of €256,193 (€2,697/m²), a €33,807 (13.2%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Sapal Alto, 104 | Subject | €290,000 | €3,053 | — | 60 | 53 |
| avenida Ministro Duarte Pacheco | Active | €195,000 | €2,746 | 10.0% | 60 | 52 |
| Vila Real de Santo António · dee5b2 | Active | €180,000 | €2,647 | 13.3% | 65 | 56 |
| rua Doctor José Colaço Fernandes | Active | €220,000 | €2,857 | 6.4% | 60 | 61 |
| Vila Real de Santo António · be95a5 | Active | €399,000 | €3,694 | 21.0% | — | 60 |
| Median comp | €207,500 | €2,802 | 8.2% | 60 | 58 |
Long-term rental This 2-bed apartment in Monte Gordo is currently priced at €290,000, which is 13.2% above the fair value of €256,193, making it a less appealing option for long-term rental investments. With a gross yield of 3.9% and a neighborhood score of only 53/100, the property does not support the income potential one would expect for this price point. Buy-and-hold Given the current listing price of €290,000, which exceeds the fair value by 13.2%, this property in Monte Gordo is overpriced for a buy-and-hold strategy. Its moderate yield of 3.9% and a condition rating of 62/100 indicate that long-term capital appreciation may not be justified at this entry price. Short-term vacation rental The 2-bed apartment is listed at €290,000, significantly above the fair value of €256,193, categorizing it as overpriced for short-term vacation rental use. While the region benefits from tourism, the 3.9% gross yield and a neighborhood score of 53/100 suggest that profitability in the short-term rental market may be constrained. Not ideal for: Luxury market, Student housing
Economic volatility risk The economic stability score of 45/100 indicates a high potential for instability in the local market, which may adversely affect rental income.
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