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 house of 114 m², energy rating C. Located on rua João de Deus, 27, Vila Real de Santo António parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: The house boasts a unique mezzanine that enhances its charm and versatility, while the generous outdoor patio creates an inviting space for al fresco dining and relaxation.
The valuation. The asking price of €380,000 sits below the fair value of €443,729, indicating it is subvalued by €63,729 (14.4%). This presents a favorable entry point for potential investors. Buy-to-flip angle. With the property in excellent condition and desirable features, a resale strategy could focus on the vacation rental market for short-term gains, providing attractive returns that capitalize on the Algarve's tourism appeal. Buy-to-let angle. The property is projected to generate an estimated rental income of €1,140 per month, reflecting a gross yield of 3.6%. Favorable location close to Tavira enhances its appeal to long-term renters seeking stability in a scenic environment.
Fair value modelled at €443,729 from 6 comparable sales in the area. Asking €380,000 sits €63,729 (14.4%) below — the upside to fair value.
Asking €380,000 versus the rua João de Deus, 27 area baseline of €356,760 (€3,129/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 is above the parish average, lifting 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 €356,760, adjusted for condition and micro-location, gives a modelled fair value of €443,729 (€3,892/m²), a €63,729 (14.4%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua João de Deus, 27 | Subject | €380,000 | €3,333 | — | 75 | 60 |
| praça Marquês de Pombal | Active | €295,000 | €4,214 | 26.4% | 72 | 56 |
| Monte Gordo · 38b62b | Active | €299,500 | €4,160 | 24.8% | 62 | 67 |
| Monte Gordo · 89e736 | Active | €290,000 | €3,625 | 8.7% | 80 | 56 |
| Monte Gordo · ade674 | Active | €290,000 | €3,625 | 8.7% | 75 | 57 |
| Median comp | €292,500 | €3,893 | 16.8% | 74 | 57 |
Short-term vacation rental The property is ideally suited for short-term vacation rentals due to its proximity to Tavira, which historically sees high tourist footfall. With a fair value of €443,729 and a listing price of €380,000, the property is subvalorizada by 14.4%, enhancing the investment potential. Long-term rental The house's solid condition score of 79/100 indicates it is likely to attract quality long-term tenants despite the neighbourhood's moderate score of 60/100. Given the fair value assessment, acquiring this property at €380,000 provides a strong opportunity for stable rental income. Buy-and-hold Investing in this property for long-term appreciation is prudent, especially considering the Algarve’s favorable safety reputation and increasing demand driven by tourism. The current listing reflects a 14.4% gap below fair value, suggesting strong potential for future capital gains.
Economic Vulnerability The property faces a heightened risk of diminished rental income due to its economic stability score of 50/100, indicating potential market instability.
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