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 apartment of 103 m² on the 3rd floor, built in 1993, energy rating E. Located on avenida Manuel G. Rosa Mendes S / N, Vila Nova de Cacela parish, Vila Real de Santo António municipality, Faro district. Unique Feature: This apartment boasts two balconies offering stunning sea views, perfect for enjoying the coastal climate and enhancing outdoor living space. Feature Único: Este apartamento possui duas varandas com vistas deslumbrantes para o mar, perfeitas para desfrutar do clima costeiro e para aumentar o espaço exterior.
The valuation. The asking price of €280,000 is significantly below the fair value of €359,328, representing a discount of €79,328 (22.1%). This property is subvalued and presents an enticing opportunity for investors.
Fair value modelled at €359,328 from 6 comparable sales in the area. Asking €280,000 sits €79,328 (22.1%) below — the upside to fair value.
Asking €280,000 versus the avenida Manuel G. Rosa Mendes S / N area baseline of €304,441 (€2,956/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €304,441, adjusted for condition and micro-location, gives a modelled fair value of €359,328 (€3,489/m²), a €79,328 (22.1%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Manuel G. Rosa Mendes S / N | Subject | €280,000 | €2,718 | — | 75 | 58 |
| Altura · 4bbc8d | Active | €350,000 | €3,211 | 18.1% | 70 | 63 |
| Vila Nova de Cacela · 6fbc41 | Active | €300,000 | €1,987 | 26.9% | 62 | 56 |
| Vila Nova de Cacela · bf28af | Active | €300,000 | €4,286 | 57.7% | 73 | 55 |
| rua Duque de Terceira, 35 | Active | €330,000 | €3,143 | 15.6% | — | 60 |
| Median comp | €315,000 | €3,177 | 16.9% | 70 | 58 |
Long-term rental This property presents a compelling opportunity for long-term rental given its yield of 4.3% gross and positioning in a rural location of Vila Nova de Cacela. With a fair value gap of 22.1%, the investment is likely to attract stable tenants seeking quality housing away from tourist hotspots. Buy-and-hold Investing in this property aligns well with a buy-and-hold strategy due to its fair value of €359,328 compared to the listing price of €280,000. The enduring demand in more residential areas like Vila Nova de Cacela suggests potential for price appreciation over time, supporting a favorable long-term investment outlook. Family rental This apartment is positioned as an attractive family rental, providing ample space and a decent condition rating of 76/100 that appeals to local families. Given the current gap to its fair value, this property stands out as a viable option for those looking to settle in a quieter neighborhood with potential growth.
Low economic resilience The property’s economic stability score of 50/100 indicates a heightened risk of economic downturns potentially affecting rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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