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 60 m² on the 3rd floor. Located on rua da Quinta da Manta Mar S / N, Vila Nova de Cacela parish, Vila Real de Santo António municipality, Faro district. Noteworthy Feature: The apartment's proximity to the beach, just 300 meters away, makes it an ideal retreat for beach lovers seeking a vibrant coastal lifestyle. Additional Feature: The property includes a dedicated 12 m² garage, providing convenient parking in a sought-after location.
The valuation. The asking price stands at €240,000, which is €3,638 (1.5%) above the fair value of €236,362. This indicates that the property is fairly priced in the current market. Buy-to-flip angle. Given the high-quality finishes and moderate condition score, a buy-to-flip strategy could yield a profit by renovating and marketing the apartment to appeal to seasonal buyers. Buy-to-let angle. The estimated monthly rental income of €880 provides a gross yield of 4.4%, making it an attractive option for long-term rental investments in a region influenced by seasonal tourism.
Fair value modelled at €236,362 from 6 comparable sales in the area. Asking €240,000 sits €3,638 (1.5%) above — overpriced versus fair value.
Asking €240,000 versus the rua da Quinta da Manta Mar S / N area baseline of €201,962 (€3,366/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 is above the parish average, lifting 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 €201,962, adjusted for condition and micro-location, gives a modelled fair value of €236,362 (€3,939/m²), a €3,638 (1.5%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Quinta da Manta Mar S / N | Subject | €240,000 | €4,000 | — | 75 | 52 |
| Vila Nova de Cacela · bf28af | Active | €300,000 | €4,286 | 7.1% | 73 | 55 |
| largo do Mercado, 10 | Active | €329,000 | €4,113 | 2.8% | 79 | 62 |
| avenida Manuel G. Rosa Mendes | Active | €290,000 | €3,766 | 5.8% | 65 | 61 |
| Altura · 23f20c | Active | €305,000 | €4,236 | 5.9% | 75 | 62 |
| Median comp | €302,500 | €4,175 | 4.4% | 74 | 62 |
Long-term rental This property has a gross yield of 4.4%, reflecting stable rental income potential in a market with seasonally fluctuating demand. However, the neighborhood's lower quality rating of 52 suggests tenant quality may be a concern, limiting long-term rental appeal. Buy-and-hold With a fair value of €236,362 compared to the listing price of €240,000, this investment reflects minimal upside potential for appreciation in the current market. The property's condition rating of 78/100 is decent, but the economic activity's seasonal nature in Algarve's rural interior may hinder long-term value appreciation. Value-add renovation Although the property has a solid condition score of 78/100, there is limited scope for significant appreciation due to its fair valuation status. Renovation could enhance the appeal, but the inherent challenges of operating in a neighborhood rated 52 complicate potential returns on investment. Not ideal for This property is not suitable for student housing due to the lack of urban amenities and seasonal tourism constraints that do not support consistent demand. Luxury market positioning is also unsuitable as the property's valuation and condition do not match the expectations of high-end renters or buyers. Short-term rental The property is not well-positioned for short-term rental ventures due to the limited economic activity in the area outside of peak tourism seasons, resulting in inconsistent income. Additionally, the lower neighborhood rating and the fair valuation further indicate that it may struggle to attract tourists seeking vacation accommodations.
Economic Volatility Risk The economic stability score of 45/100 indicates a high level of uncertainty in the market, which may lead to fluctuations in property values and demand.
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