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 duplex of 104 m², built in 2020, energy rating A. Located on rua Gil Eanes, 22, Monte Gordo parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: The duplex's private terraces, accessible from every bedroom, offer not only excellent natural light but also serene outdoor spaces ideal for relaxation in a prime coastal location.
The valuation. The asking price of €425,000 is above the fair value of €388,386, representing a premium of €36,614 (9.4%), placing this property firmly at fair value.
Fair value modelled at €388,386 from 6 comparable sales in the area. Asking €425,000 sits €36,614 (9.4%) above — overpriced versus fair value.
Asking €425,000 versus the rua Gil Eanes, 22 area baseline of €389,865 (€3,749/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €389,865, adjusted for condition and micro-location, gives a modelled fair value of €388,386 (€3,734/m²), a €36,614 (9.4%) gap versus the €425,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Gil Eanes, 22 | Subject | €425,000 | €4,087 | — | 82 | 54 |
| Monte Gordo · f36303 | Active | €420,000 | €5,455 | 33.5% | 80 | 53 |
| rua Jornal do Algarve | Active | €495,000 | €4,091 | 0.1% | 72 | 61 |
| rua da Estação Velha | Active | €277,000 | €3,378 | 17.3% | 73 | 53 |
| rua do Celeiro, 10 | Active | €295,000 | €2,458 | 39.8% | 75 | 61 |
| Median comp | €357,500 | €3,735 | 8.6% | 74 | 57 |
Long-term rental The property presents a gross yield of 2.7%, which aligns with typical rental yields in semi-rural areas such as Monte Gordo. However, the property’s fair value indicates it is priced at about 9.4% above the assessed fair market, suggesting it may not be the best option for long-term rental investment. Short-term vacation rental Given its proximity to the Algarve's touristic zone, the duplex could potentially attract short-term vacation rentals; yet the yield of 2.7% may be disappointing in this competitive market. The property’s valuation being 9.4% above fair value raises concerns about its profitability in the vacation rental segment. Buy-and-hold For a buy-and-hold strategy, while the property possesses decent condition with a score of 80/100, the overall neighbourhood score of 54/100 reflects concerns about tenant quality and long-term desirability. The current price being 9.4% above fair value suggests that holding onto the property may not yield optimal returns over time.
High economic risk The property’s economic stability score of 45/100 indicates potential volatility in local market conditions, which could negatively impact tenant demand and rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
