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, 1-bathroom apartment of 89 m² on the 1st floor, energy rating D. Located on rua Jornal do Algarve, Vila Real de Santo António parish, Vila Real de Santo António municipality, Faro district. Noteworthy Feature: The apartment boasts a spacious 40 m² terrace ideal for outdoor dining and leisure, complemented by an en-suite bedroom with direct terrace access.
The valuation. The asking price of €295,000 is notably below the fair value of €343,399, indicating the property is underpriced by €48,399 (14.1%). This presents a unique opportunity for investment while aligning with market expectations.
Fair value modelled at €343,399 from 6 comparable sales in the area. Asking €295,000 sits €48,399 (14.1%) below — the upside to fair value.
Asking €295,000 versus the rua Jornal do Algarve area baseline of €301,728 (€3,390/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €301,728, adjusted for condition and micro-location, gives a modelled fair value of €343,399 (€3,858/m²), a €48,399 (14.1%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Jornal do Algarve | Subject | €295,000 | €3,315 | — | 72 | 53 |
| praça Marquês de Pombal | Active | €280,000 | €3,944 | 19.0% | 65 | 53 |
| Vila Real de Santo António · f365f2 | Active | €299,000 | €3,833 | 15.6% | 70 | 55 |
| Vila Real de Santo António · be95a5 | Active | €399,000 | €3,694 | 11.5% | — | 60 |
| Vila Real de Santo António · be92e7 | Active | €115,000 | €3,286 | 0.9% | 65 | 54 |
| Median comp | €289,500 | €3,764 | 13.5% | 65 | 55 |
Long-term rental The 2-bed apartment in Vila Real de Santo António is an attractive long-term rental opportunity, currently priced at €295,000 despite a fair value of €343,399, indicating it is subvalued by 14.1%. With a decent gross yield of 3.8% and a neighborhood evaluation of 53/100, this property presents a favorable investment for consistent cash flow in a growing area. Buy-and-hold Investing in this property for a buy-and-hold strategy is supported by its current listing price being significantly lower than the fair value. The combination of a solid 3.8% yield and the potential for value appreciation in Vila Real de Santo António makes it a promising long-term asset in a region that benefits from its proximity to Faro. Not ideal for short-term vacation rental Given the apartment's location and neighborhood score, it lacks the attractiveness for short-term vacation rentals, which typically require high amenity ratings and tourist appeal. Therefore, pursuing this strategy may not yield the desired returns in an area perceived more for residential renting. Not ideal for luxury market This property does not cater to the luxury market due to its average condition rating of 70/100 and the neighborhood's overall rating of 53/100. High-end buyers typically seek superior locations and amenities that this property currently does not provide.
Economic Instability Risk The property's economic stability score of 50/100 indicates a potential risk of economic downturn affecting tenant demand and occupancy rates.
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