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 94 m², energy rating D. Located Vila Real de Santo António parish, Vila Real de Santo António municipality, Faro district. This apartment features direct riverfront access and a convenient embarkation dock to Ayamonte, enhancing both leisure and travel opportunities.
The valuation. The asking price of €365,000 is just €412 (0.1%) below the fair value of €365,412, indicating that it is fairly priced and suggests a balanced investment opportunity without immediate price pressure.
Fair value modelled at €365,412 from 6 comparable sales in the area. Asking €365,000 sits €412 (0.1%) below — the upside to fair value.
Asking €365,000 versus the Vila Real de Santo António, Vila Real de Santo António, Faro area baseline of €335,862 (€3,573/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €335,862, adjusted for condition and micro-location, gives a modelled fair value of €365,412 (€3,887/m²), a €412 (0.1%) gap versus the €365,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila Real de Santo António · 3a7289 | Subject | €365,000 | €3,883 | — | 70 | 60 |
| rua Almirante Cândido dos Reis | Active | €225,000 | €3,516 | 9.5% | 70 | 64 |
| rua Jornal do Algarve | Active | €295,000 | €3,315 | 14.6% | 72 | 53 |
| rua 5 de Outubro S / N | Active | €425,000 | €4,048 | 4.2% | 70 | 58 |
| Monte Gordo · 6fbafd | Active | €250,000 | €3,846 | 0.9% | 70 | 65 |
| Median comp | €272,500 | €3,681 | 5.2% | 70 | 61 |
Short-term vacation rental The property’s location near a small coastal town in eastern Algarve makes it suitable for short-term vacation rentals, where the tourism sector plays a significant role in housing demand. However, with a fair value assessment indicating only a 0.1% gap, the potential for yield growth may be limited due to its estimated gross yield of 3%. Long-term rental The property’s rental yield of 3% suggests that it could serve adequately for long-term rentals; however, the neighbourhood score of 60/100 indicates challenges in attracting higher quality tenants. Given the fair valuation of €365,000, the property appears to align closely with market expectations without much room for appreciation. Buy-and-hold As a buy-and-hold investment, the property offers stability given its fair value status and the established demand from tourists in the region. However, with the yield at 3% and limited amenities compared to major urban centers, the long-term growth potential may be constrained, making it an average choice for this strategy.
Economic and Tenant Risk The economic stability score of 60/100 indicates potential struggles in market conditions, which is mirrored by the tenant stability score of 60/100, suggesting a higher risk of tenant turnover and vacancies in this property.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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