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, 2-bathroom apartment of 84 m², built in 2020, energy rating B. Located Monte Gordo parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: This apartment boasts unobstructed panoramic views from the outdoor area and mechanical ventilation in all rooms for enhanced comfort and air quality.
The valuation. The asking price of €285,000 is positioned slightly above the fair value of €269,270, indicating a difference of €15,730, or 5.8%. This property is fairly priced within the current market context.
Fair value modelled at €269,270 from 6 comparable sales in the area. Asking €285,000 sits €15,730 (5.8%) above — overpriced versus fair value.
Asking €285,000 versus the Monte Gordo, Vila Real de Santo António, Faro area baseline of €276,364 (€3,290/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €276,364, adjusted for condition and micro-location, gives a modelled fair value of €269,270 (€3,206/m²), a €15,730 (5.8%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Monte Gordo · a80502 | Subject | €285,000 | €3,393 | — | 75 | 63 |
| rua D. Francisco Gomes, 26 | Active | €400,000 | €2,395 | 29.4% | 82 | 61 |
| rua da Estação Velha | Active | €277,000 | €3,378 | 0.4% | 73 | 53 |
| rua Gil Eanes, 22 | Active | €425,000 | €4,087 | 20.4% | 82 | 54 |
| Monte Gordo · be94b7 | Active | €390,000 | €2,349 | 30.8% | 85 | 64 |
| Median comp | €395,000 | €2,887 | 14.9% | 82 | 58 |
Long-term rental The property’s yield of 3.5% gross indicates a stable income potential, making it viable for long-term rental. However, the fair value calculation suggests the asking price is reasonably aligned with market expectations, providing little room for significant appreciation. Short-term vacation rental With its attractive location in the Algarve, the apartment is well-positioned to cater to short-term vacation renters seeking the region's charm. Nonetheless, the property is priced fairly, reflecting a competitive rental landscape that could limit rapid returns. Family rental The spacious nature of the 84m² apartment makes it suitable for family rentals, appealing to those desiring a larger living space in a tourist-friendly area. Despite its suitability for families, the property's current valuation aligns closely with fair market value, suggesting modest investment upside. Not ideal for The property is not suited for student housing due to its pricing and demographic focus, which skews away from the student market. Additionally, the luxury market is not a fit, as the apartment's condition and neighborhood rating do not align with high-end expectations. Not ideal for The property is not suited for student housing due to its pricing and demographic focus, which skews away from the student market. Additionally, the luxury market is not a fit, as the apartment's condition and neighborhood rating do not align with high-end expectations.
Economic Risk The property has an economic stability score of 55/100, indicating potential volatility in economic conditions that may impact tenant demand and rental income stability negatively.
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