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.
0-bedroom, 0-bathroom mix_use_building of 590 m², built in 2009. Located on avenida Manuel G. Rosa Mendes, 35, Vila Nova de Cacela parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: This property includes a large front terrace and a generous rear atrium, ideal for creating leisure areas or adapting to various lodging concepts.
The valuation. There are not enough comparable sales in this area yet to establish a reliable fair-value estimate.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Manuel G. Rosa Mendes, 35 | Subject | €975,000 | €1,653 | — | — | 66 |
| Vila Nova de Cacela · 4b8757 | Active | €150,000 | €1,667 | 0.9% | — | 48 |
| rua Duque de Terceira, 35 | Active | €330,000 | €3,143 | 90.2% | — | 60 |
| Altura · 5ecf67 | Active | €0 | €0 | 100.0% | — | 63 |
| Altura · cfe217 | Active | €320,000 | €3,765 | 127.8% | 70 | 62 |
| Median comp | €235,000 | €2,405 | 45.5% | 70 | 61 |
Long-term rental This property presents an opportunity for stable long-term rental income, given its proximity to the tourist-frequented Algarve region and a neighbourhood rating of 66/100. The area benefits from seasonal tourism jobs, which may attract residents seeking rental stability. Short-term vacation rental With the Algarve's robust tourism sector, this 0-bed mixed-use building can cater to short-term vacation rentals, capitalizing on the influx of tourists throughout the year. Its condition scoring 0/100 highlights the potential for improvement, yet the location is a compelling draw for visitors. Family rental The property's location and the neighbourhood's amenities make it suitable for family rentals, especially with the growing demand for accommodation in the Algarve. Its spacious 590m² area can accommodate families looking for a longer stay in this popular destination. Not ideal for: Student housing Given the seasonal nature of the local employment market, this property is not well-suited for student housing. The combination of low yield and tourist-oriented demand suggests that the tenant quality may not align with typical student needs. Not ideal for: Luxury market The condition of the property, rated at 0/100, indicates that it would require significant investment to meet luxury market standards. As the area is more suited for mid-range accommodations, luxury positioning may not be viable. Not ideal for: Value-add renovation The current state of the property poses challenges for a value-add renovation strategy, given its 0/100 condition score. Without ample comparable sales or prior renovations in the area, the potential for significant value appreciation seems limited.
Economic Vulnerability With an economic stability score of 65/100, there is a risk of economic downturn impacting property values and rental income potential. Tenant Instability A tenant stability score of 70/100 indicates some level of fluctuation in tenant retention, potentially leading to vacancy periods and lost revenue.
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Not enough comparable sales in this area to confidently estimate a fair value.
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