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 105 m² on the 1st floor, energy rating D. Located on rua 5 de Outubro S / N, Vila Real de Santo António parish, Vila Real de Santo António municipality, Faro district. The apartment boasts an impressive 8-meter balcony perfect for outdoor dining, and a 15 m² kitchen featuring a convenient pantry, enhancing both functionality and livability.
The valuation. The asking price of €425,000 is positioned slightly above the fair value of €400,572, reflecting a difference of €24,428 (6.1%). While the pricing is fair, potential investors should be aware of the minimal premium. Buy-to-flip angle. The buy-to-flip strategy focuses on cosmetic upgrades, enhancing the average-quality finishes to attract buyers looking for modern amenities. This could improve resale potential and appeal in the competitive inland Algarve market. Buy-to-let angle. With an estimated gross yield of 2.6%, the rental strategy targets long-term tenants, capitalizing on the region’s mixed neighborhood and family-friendly features to ensure steady monthly income of around €921.
Fair value modelled at €400,572 from 6 comparable sales in the area. Asking €425,000 sits €24,428 (6.1%) above — overpriced versus fair value.
Asking €425,000 versus the rua 5 de Outubro S / N area baseline of €348,551 (€3,320/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 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 €348,551, adjusted for condition and micro-location, gives a modelled fair value of €400,572 (€3,815/m²), a €24,428 (6.1%) gap versus the €425,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua 5 de Outubro S / N | Subject | €425,000 | €4,048 | — | 70 | 58 |
| rua de Gonçalo Velho | Active | €295,000 | €2,950 | 27.1% | 75 | 59 |
| Monte Gordo · 225a53 | Active | €440,000 | €5,238 | 29.4% | 74 | 52 |
| Monte Gordo · 6fbafd | Active | €250,000 | €3,846 | 5.0% | 70 | 65 |
| travessa Bartolomeu Dias, 10 | Active | €280,000 | €3,784 | 6.5% | 65 | 53 |
| Median comp | €287,500 | €3,815 | 5.7% | 72 | 56 |
Long-term rental The property shows a gross yield of 2.6%, which is not ideal for maximizing rental income potential in a competitive market. With a fair value of €400,572, the listing price of €425,000 indicates a minimal gap, suggesting this investment may not offer substantial long-term rental benefits. Family rental Given the property's condition score of 68/100 and a neighborhood score of 58/100, it may appeal to families looking for larger spaces in a less urban setting. However, with a fair value of €400,572 and a listing price reflecting only a slight premium, the investment doesn't provide compelling advantages for family rentals. Buy-and-hold The overall property condition and neighborhood ratings highlight a steady but slow appreciation potential, aligning with a buy-and-hold strategy. Nevertheless, with the property priced at €425,000 against a fair value of €400,572, potential investors may need to adjust their expectations regarding return growth over time.
Economic Vulnerability The low economic stability score of 50/100 indicates a significant risk of downturns affecting property values and investment returns.
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
