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 138 m² on the 1st floor, built in 2024, energy rating C. Located Vila Real de Santo António parish, Vila Real de Santo António municipality, Faro district. This property features a private rooftop terrace with a retractable awning and a versatile studio space, enhancing its appeal for outdoor leisure and home office use.
The valuation. The asking price of €459,000 is slightly above the fair value of €445,097, representing a premium of €13,903 (3.1%). The property is considered fairly priced within current market conditions.
Fair value modelled at €445,097 from 6 comparable sales in the area. Asking €459,000 sits €13,903 (3.1%) above — overpriced versus fair value.
Asking €459,000 versus the Vila Real de Santo António, Vila Real de Santo António, Faro area baseline of €332,140 (€2,407/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €332,140, adjusted for condition and micro-location, gives a modelled fair value of €445,097 (€3,225/m²), a €13,903 (3.1%) gap versus the €459,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila Real de Santo António · 15e3a7 | Subject | €459,000 | €3,326 | — | 80 | 56 |
| avenida dos Bombeiros, 40 | Active | €270,000 | €3,253 | 2.2% | 80 | 58 |
| avenida dos Bombeiros, 38 | Active | €275,000 | €3,198 | 3.9% | 80 | 51 |
| Vila Real de Santo António · a8edb9 | Active | €247,000 | €3,012 | 9.4% | 68 | 56 |
| rua Professor Egas Moniz | Active | €339,000 | €3,000 | 9.8% | 80 | 58 |
| Median comp | €272,500 | €3,105 | 6.6% | 80 | 57 |
Long-term rental This property offers a gross yield of 2.2%, which aligns with the growth expectations of the Vila Real de Santo António market. Given its fair valuation, it remains a stable option for investors seeking longevity in rental income without expecting significant appreciation. Family rental The apartment's condition rating of 82/100 suggests that it is in good condition for family tenants looking for quality housing. With a neighborhood score of 56/100, it provides a reasonable environment for families, making it suitable for longer-term leases. Buy-and-hold Given its fair value at €459,000, this investment is positioned for long-term capital appreciation, despite only a slight gap over fair value. The mixed residential and tourism elements of the local economy could reinforce stability, making it an acceptable buy-and-hold opportunity. Not ideal for Luxury market, Student housing, Short-term vacation rental
Economic Vulnerability The property faces significant economic risk due to a low economic stability score of 40/100, which may impact tenant demand and rental income stability.
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