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.
1-bedroom, 1-bathroom studio of 50 m² on the 3rd floor, energy rating E. Located Vila Real de Santo António parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: This studio offers a private 13.52 m² terrace and access to a rooftop common terrace, enhancing outdoor living and urban views in a city center location.
The valuation. The asking price of €195,000 sits €10,035 (5.4%) above the fair value of €184,965. This indicates the property is priced fairly based on current market metrics.
Fair value modelled at €184,965 from 6 comparable sales in the area. Asking €195,000 sits €10,035 (5.4%) above — overpriced versus fair value.
Asking €195,000 versus the Vila Real de Santo António, Vila Real de Santo António, Faro area baseline of €153,180 (€3,064/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €153,180, adjusted for condition and micro-location, gives a modelled fair value of €184,965 (€3,699/m²), a €10,035 (5.4%) gap versus the €195,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila Real de Santo António · e83489 | Subject | €195,000 | €3,900 | — | 72 | 57 |
| Vila Real de Santo António · 3a7289 | Active | €365,000 | €3,883 | 0.4% | 70 | 60 |
| rua Almirante Cândido dos Reis | Active | €225,000 | €3,516 | 9.9% | 70 | 64 |
| Vila Real de Santo António · a8075c | Active | €165,000 | €3,929 | 0.7% | 60 | 61 |
| rua Doutor Oliveira Martins, 35 | Active | €280,000 | €4,000 | 2.6% | 80 | 66 |
| Median comp | €252,500 | €3,906 | 0.2% | 70 | 63 |
Value-add renovation The property presents an opportunity for value-add renovation with a condition score of 74/100, which allows for improvements that could enhance both appeal and utility. Despite the fair value assessment, targeted upgrades could elevate the property's market position and justify a higher rental or resale price in the future. Long-term rental With a gross yield of 3.9%, this property demonstrates stable long-term rental potential in Vila Real de Santo António, particularly given the low rural crime typical in the Algarve. While the fair value assessment indicates no immediate discount, steady demand for basic accommodation in the region supports sustainable rental income. Not ideal for luxury market The property’s characteristics and neighborhood rating of 57/100 indicate it may not resonate with luxury market expectations, limiting its appeal to higher income tenants or buyers. Thus, while the condition is respectable, it doesn't align with premium market positioning necessary for high-end clientele. Not ideal for short-term vacation rental The basic amenities and regional context suggest this property would struggle in the competitive short-term vacation rental market, where higher standards and more plentiful offerings are often required. The fair value assessment, combined with limited employment diversity, points to a more stable long-term rental strategy instead.
High Economic Instability Risk The property has a low economic stability score of 40/100, indicating a potential for market volatility affecting investment returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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