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.
3-bedroom, 2-bathroom house of 98 m², energy rating D. Located Monte Gordo parish, Vila Real de Santo António municipality, Faro district. This property boasts a bright courtyard ideal for outdoor dining and relaxation, along with dual terrace access from two bedrooms, enhancing its appeal for family living or vacationing.
The valuation. The asking price of €565,000 is significantly above the fair value of €385,586, exceeding it by €179,414 (46.5%). This property is overpriced in the current market.
Fair value modelled at €456,780 from 5 comparable sales in the area. Asking €565,000 sits €108,220 (23.7%) above — overpriced versus fair value.
Asking €565,000 versus the Monte Gordo, Vila Real de Santo António, Faro area baseline of €479,438 (€4,892/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 is above the parish average, lifting 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 €479,438, adjusted for condition and micro-location, gives a modelled fair value of €456,780 (€4,661/m²), a €108,220 (23.7%) gap versus the €565,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Monte Gordo · 4a446f | Subject | €565,000 | €5,765 | — | 66 | 57 |
| Castro Marim · 2ce1d5 | Active | €1,800,000 | €14,400 | 149.8% | 82 | 65 |
| praça Marquês de Pombal | Active | €295,000 | €4,214 | 26.9% | 72 | 56 |
| urbanização Praia Verde S / N | Active | €550,000 | €4,297 | 25.5% | 68 | — |
| Monte Gordo · 096ffc | Active | €550,000 | €4,661 | 19.2% | 75 | 60 |
| Median comp | €550,000 | €4,479 | 22.3% | 74 | 60 |
Long-term rental The property is currently listed at €565,000, which is significantly above its fair value of €385,586, indicating it is overpriced by 46.5%. With a gross yield of only 2.6%, the financial returns do not justify the high acquisition cost in a rural area with limited tourist appeal. Value-add renovation Although the property offers potential for improvements, the asking price of €565,000 far exceeds its fair value of €385,586, highlighting its overpriced status. Investment in renovations may increase property value, but the initial cost is not supported by the current market conditions. Family rental At a listing price of €565,000, the property does not represent a sound investment for family rentals given its fair value of €385,586, marking it as overpriced. Families seeking rentals in this area may favor better-valued options that provide more favorable market conditions and amenities.
Economic Vulnerability The property has an economic stability score of 45/100, indicating a heightened risk of economic downturns impacting tenant demand and property value.
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
