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.
1-bedroom, 1-bathroom apartment of 52 m² on the 3rd floor, built in 2012. Located Monte Gordo parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: This apartment includes a private terrace and balcony, offering ample outdoor space and direct sunlight exposure in the mornings, enhancing both relaxation and leisure opportunities.
The valuation. The asking price of €230,000 is €28,417 (14.1%) above the fair value of €201,583, indicating the property is overpriced. Buy-to-flip angle. A buy-to-flip strategy could yield limited returns due to the high initial price and modest appreciation potential in the rural area. Buy-to-let angle. Rental income potential stands at approximately €748/month, leading to a gross yield of 3.9%, suggesting suitability for long-term rental despite neighborhood limitations.
Fair value modelled at €201,583 from 6 comparable sales in the area. Asking €230,000 sits €28,417 (14.1%) above — overpriced versus fair value.
Asking €230,000 versus the Monte Gordo, Vila Real de Santo António, Faro area baseline of €211,385 (€4,065/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 is above the parish average, lifting 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 €211,385, adjusted for condition and micro-location, gives a modelled fair value of €201,583 (€3,877/m²), a €28,417 (14.1%) gap versus the €230,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Monte Gordo · 3a7389 | Subject | €230,000 | €4,423 | — | 72 | 54 |
| Monte Gordo · 96c3cc | Active | €260,000 | €3,562 | 19.5% | 85 | 54 |
| Monte Gordo · b7b54f | Active | €420,000 | €4,330 | 2.1% | 69 | 53 |
| Monte Gordo · cfdde9 | Active | €265,000 | €3,732 | 15.6% | 68 | 52 |
| praça Marquês de Pombal | Active | €280,000 | €3,944 | 10.8% | 65 | 53 |
| Median comp | €272,500 | €3,838 | 13.2% | 69 | 53 |
Long-term rental The 1-bed apartment in Monte Gordo, listed at €230,000, is priced 14.1% above its fair value of €201,583, suggesting it is not an attractive option for long-term rental investments. With a gross yield of only 3.9% and a neighborhood score of 54/100, the potential returns do not justify the higher purchase price. Buy-and-hold With the current listing price of €230,000 exceeding the fair value by 14.1%, the buy-and-hold strategy is not advisable for this property due to its overpriced nature. Additionally, the apartment's condition score of 71/100 and location's limited economic activity may hinder long-term appreciation prospects. Not ideal for This apartment is not suitable for student housing due to its rural location and limited amenities, which can impact tenant attractiveness. Furthermore, aiming for the luxury market is inappropriate, given the prevailing economic conditions and the neighborhood's below-average ratings.
High Economic Risk The economic stability score of 40/100 indicates a significant risk of economic downturns affecting rental income and property values.
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