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 house of 69 m², built in 1987, energy rating E. Located on avenida Ministro Duarte Pacheco, 44, Vila Real de Santo António parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: The property boasts unique decorative elements, including original stonework on the facade and historical hydraulic mosaic floors, reflecting its architectural heritage and quality construction materials.
The valuation. The asking price of €212,000 is positioned €19,216 (8.3%) below the fair value of €231,216, indicating the property is valued fairly in the current market environment. Buy-to-flip angle. With a condition rating of 28/100, the house requires substantial renovations, making it appealing for a buy-to-flip strategy focused on enhancements to increase resale value. Buy-to-let angle. The estimated gross yield of 5.1% suggests a solid rental income potential at approximately €901/month, supporting a buy-and-hold strategy for long-term rental demand in Vila Real de Santo António.
Fair value modelled at €231,216 from 6 comparable sales in the area. Asking €212,000 sits €19,216 (8.3%) below — the upside to fair value.
Asking €212,000 versus the avenida Ministro Duarte Pacheco, 44 area baseline of €249,877 (€3,621/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 28/100 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 €249,877, adjusted for condition and micro-location, gives a modelled fair value of €231,216 (€3,351/m²), a €19,216 (8.3%) gap versus the €212,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Ministro Duarte Pacheco, 44 | Subject | €212,000 | €3,072 | — | 25 | 53 |
| Vila Real de Santo António · b7b71a | Active | €320,000 | €3,077 | 0.1% | 54 | 56 |
| Vila Real de Santo António · 19f575 | Active | €330,000 | €3,000 | 2.4% | 62 | 61 |
| praça Marquês de Pombal | Active | €295,000 | €4,214 | 37.2% | 72 | 56 |
| Vila Real de Santo António · ba5785 | Active | €645,000 | €4,031 | 31.2% | 65 | 58 |
| Median comp | €325,000 | €3,554 | 15.7% | 64 | 57 |
Long-term rental The property in Vila Real de Santo António presents a gross yield of 5.1%, which is decent for a long-term rental strategy given its fair market valuation. However, the low condition rating of 28/100 suggests that ongoing maintenance may impact short-term profitability. Buy-and-hold Investing in this property has the potential for passive income over the long term, but the fair valuation indicates limited immediate equity growth. The mixed economic environment of rural Algarve may present challenges for market appreciation in the near future. Family rental With a 5.1% yield, this 2-bedroom house can serve as a suitable family rental option in a rural setting, balancing affordability with fair market standards. The neighbourhood’s score of 53/100 points to moderate demand, which may attract stable long-term tenants but limits rental price inflation.
Weak economic environment The economic stability score of 45/100 indicates a higher risk of economic downturns affecting rental income and property value.
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