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, 0-bathroom apartment of 120 m², built in 2005. Located Faro district. This apartment features a cozy fireplace and an expansive private balcony with sea views, perfect for outdoor relaxation yet conveniently located within the Villas D’Agua resort.
The valuation. The asking price of €850,000 sits significantly above the fair value of €453,000, representing an acute overvaluation of €397,000 (87.6%). This property is considered overpriced when analyzed against market standards.
Fair value modelled at €453,000 from 6 comparable sales in the area. Asking €850,000 sits €397,000 (87.6%) above — overpriced versus fair value.
Faro area median of €389,160 (€3,243/m²) for a property of this size — the starting reference point before comparable sales are factored in.
6 comparable sales in the area adjust the estimate by +€63,840 versus the parish baseline.
Parish baseline €389,160 +€63,840 comparables adjustment = modelled fair value of €453,000 (€3,775/m²), a €397,000 (87.6%) gap versus the €850,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| 57f92d | Subject | €850,000 | €7,083 | — | 85 | 63 |
| Alte · 4a44ca | Active | €160,000 | €4,000 | 43.5% | 70 | 68 |
| rua Ramalho Ortigão, 1 | Active | €290,000 | €5,088 | 28.2% | 88 | 63 |
| São Bartolomeu de Messines · 96c450 | Active | €199,000 | €3,062 | 56.8% | 71 | 71 |
| rua Senhora da Saúde | Active | €355,000 | €3,550 | 49.9% | 70 | 70 |
| Median comp | €244,500 | €3,775 | 46.7% | 71 | 69 |
Short-term vacation rental The property, while potentially appealing for short stays due to its proximity to the Algarve coast, is overpriced with an 87.6% gap from its fair value of €453,000. As a short-term rental, the expected gross yield is 0%, suggesting a lack of immediate profitability in this strategy. Family rental Despite the family rental market's potential, this apartment is overpriced at €850,000, significantly above its fair value of €453,000. The neighborhood rating of 63/100 indicates that it may not attract families seeking quality living conditions at such a high price point. Buy-and-hold This strategy appears less favorable as the property is overpriced at €850,000, far exceeding the fair valuation of €453,000. Given the current yield of 0% and the neighborhood's condition rating of 63/100, long-term value appreciation seems unlikely. Not ideal for Student housing, Luxury market, Industrial investment.
Economic Vulnerability The low economic stability score of 55/100 indicates a potential risk of economic downturns affecting property values and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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