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.
5-bedroom, 1-bathroom house of 89 m², built in 1937. Located on rua Almirante Cândido dos Reis, 74, Vila Real de Santo António parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: This semi-detached house boasts original 1937 architectural details and offers a distinctive investment opportunity due to its exempt status from urban planning regulations, facilitating potential renovation projects.
The valuation. The asking price of €157,000 is significantly below the fair value of €256,725, making the property underpriced by €99,725 (38.8%). This presents an attractive opportunity for potential buyers.
Fair value modelled at €256,725 from 6 comparable sales in the area. Asking €157,000 sits €99,725 (38.8%) below — the upside to fair value.
Asking €157,000 versus the rua Almirante Cândido dos Reis, 74 area baseline of €300,471 (€3,376/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 15/100 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 €300,471, adjusted for condition and micro-location, gives a modelled fair value of €256,725 (€2,885/m²), a €99,725 (38.8%) gap versus the €157,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Almirante Cândido dos Reis, 74 | Subject | €157,000 | €1,764 | — | — | 56 |
| avenida Ministro Duarte Pacheco, 44 | Active | €212,000 | €3,072 | 74.2% | 25 | 53 |
| Vila Real de Santo António · b7b71a | Active | €320,000 | €3,077 | 74.4% | 54 | 56 |
| Vila Real de Santo António · ba5785 | Active | €645,000 | €4,031 | 128.5% | 65 | 58 |
| rua do Conselheiro Frederico Ramirez, 53 | Active | €1,200,000 | €2,697 | 52.9% | — | 60 |
| Median comp | €482,500 | €3,075 | 74.3% | 54 | 57 |
Long-term rental With a gross yield of 10.5%, this property presents a compelling opportunity for long-term rental in the picturesque Algarve region. The neighborhood's rating of 56/100 suggests a stable environment for tenants, making this a strategic investment aimed at steady cash flow. Buy-and-hold Acquiring this property offers significant long-term appreciation potential, given its fair value of €256,725 compared to the listing price of €157,000, reflecting a gap of 38.8%. Owning a property in a tourist-friendly area like Vila Real de Santo António enhances prospects for value appreciation over time, particularly as the economy continues to evolve. Not ideal for student housing The property's condition is rated at only 15/100, making it unappealing for the student housing market where modern amenities are typically expected. The lack of proximity to educational institutions further limits its suitability for rental to students. Not ideal for luxury market Given the property's current condition and its 15/100 rating, it is not equipped to compete in the luxury market segment. This strategic misalignment indicates a focus on affordability rather than premium offerings in this location.
Economic Vulnerability The property has a low economic stability score of 50/100, indicating a greater risk of economic downturns affecting tenant retention and rental income.
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