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.
3-bedroom, 2-bathroom country_house of 150 m². Located on rua de Santa Rita S / N, Vila Nova de Cacela parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: This property includes a small private plunge pool and an outdoor shower with hot and cold water, enhancing the outdoor living experience. Location: Situated in a quiet Algarve village between the inland and the coast, offering both privacy and accessibility.
The valuation. The asking price of €575,000 is positioned 5.9% above the fair value of €542,933, indicating that the property is fairly valued. This suggests a balanced market without significant price discrepancies. Buy-to-flip angle. A buy-and-flip strategy could yield returns by enhancing value through minor renovations or aesthetic upgrades, targeting a resale price increase. The property’s quality finishes allow for a potential higher markup. Buy-to-let angle. With an estimated rental income of €1,485/month, the gross yield stands at 3.1%, making it suitable for long-term leasing. This option appeals to families attracted by the rural charm of Vila Nova de Cacela.
Fair value modelled at €542,933 from 6 comparable sales in the area. Asking €575,000 sits €32,067 (5.9%) above — overpriced versus fair value.
Asking €575,000 versus the rua de Santa Rita S / N area baseline of €433,345 (€2,889/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €433,345, adjusted for condition and micro-location, gives a modelled fair value of €542,933 (€3,620/m²), a €32,067 (5.9%) gap versus the €575,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Santa Rita S / N | Subject | €575,000 | €3,833 | — | 82 | 53 |
| Conceição e Cabanas de Tavira · 420173 | Active | €495,000 | €3,898 | 1.7% | 76 | 68 |
| rua do Alecrim | Active | €475,000 | €3,598 | 6.1% | 68 | 49 |
| rua do Alecrim | Active | €475,000 | €3,598 | 6.1% | 65 | 56 |
| Vila Nova de Cacela · 0dcf5b | Active | €466,000 | €3,641 | 5.0% | 72 | 64 |
| Median comp | €475,000 | €3,620 | 5.6% | 70 | 60 |
Long-term rental The property in Vila Nova de Cacela offers a gross yield of 3.1%, which aligns with the market expectations for long-term rentals in the area. Given its fair valuation and decent condition, it presents a stable investment, though rental income may not yield high returns. Buy-and-hold Investing in this country house for a buy-and-hold strategy could provide moderate appreciation potential over time, with the fair value indicating that the current price is reasonable. The stability of the rural community and proximity to Tavira could attract steady demand from future buyers. Family rental The property's suitability for family rentals is supported by its size and condition, making it comfortable for a family-sized living space. While the neighborhood's amenities score 53/100, the rural safety and proximity to local tourism may enhance its attractability for longer family stays.
Economic downturn risk With an economic stability score of 45/100, there is a significant risk of economic downturn impacting rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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