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 117 m², energy rating E. Located on rua de Beira-Mar, Monte Gordo parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: The property includes a private terrace on the first floor, perfect for sunbathing and enjoying scenic views, along with direct access from the living room to a cozy backyard.
The valuation. The asking price of €500,000 exceeds the fair value of €440,355 by €59,645 (13.5%). This property is considered overpriced based on current market valuations.
Fair value modelled at €440,355 from 6 comparable sales in the area. Asking €500,000 sits €59,645 (13.5%) above — overpriced versus fair value.
Asking €500,000 versus the rua de Beira-Mar area baseline of €468,902 (€4,008/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 below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €468,902, adjusted for condition and micro-location, gives a modelled fair value of €440,355 (€3,764/m²), a €59,645 (13.5%) gap versus the €500,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Beira-Mar | Subject | €500,000 | €4,274 | — | 70 | 59 |
| caminho do Lago, 8 | Active | €320,000 | €3,902 | 8.7% | 75 | 60 |
| Monte Gordo · 4a446f | Active | €565,000 | €5,765 | 34.9% | 66 | 57 |
| Castro Marim · 65a439 | Active | €1,400,000 | €5,385 | 26.0% | 75 | 52 |
| Monte Gordo · ade674 | Active | €290,000 | €3,625 | 15.2% | 75 | 57 |
| Median comp | €442,500 | €4,644 | 8.7% | 75 | 57 |
Long-term rental The property’s gross yield of 2.7% suggests that, given the €500,000 listing price, it is not a financially sensible choice for long-term rental purposes, especially since the fair value is substantially lower at €440,355. With a neighbourhood score of 59/100, tenant quality may also be less than optimal, further impacting rental income potential. Family rental While the property has enough space for a family, the listing price of €500,000 exceeds its fair value by 13.5%, indicating it is overpriced for family rental use. The neighbourhood’s score of 59/100 may deter potential tenants, limiting attractiveness to families looking for long-term residency. Buy-and-hold The expected property appreciation does not justify the €500,000 asking price, especially with a fair value significantly lower at €440,355, rendering it a poor investment for a buy-and-hold strategy. Additionally, the moderate economic activity in inland Algarve raises concerns about long-term growth potential in this real estate segment.
Economic Volatility With an economic stability score of 55/100, there is a moderate risk that economic fluctuations could impact property value and rental income.**
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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