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 132 m², energy rating D. Located on rua Bornacha S / N, Vila Nova de Cacela parish, Vila Real de Santo António municipality, Faro district. This property features a spacious kitchen with modern finishes and a rear patio equipped with a barbecue, perfect for social gatherings and outdoor dining.
The valuation. The asking price of €460,000 is slightly below the fair value of €485,230, indicating a fair valuation with a difference of €25,230 (5.2%). Buy-to-flip angle. The strategy here could involve enhancing the home’s cosmetic aspects to target flipping for a higher price, following local market trends. Buy-to-let angle. Given an estimated gross yield of 2.9%, renting at approximately €1,112 per month provides a steady income stream, ideal for long-term rental in a rural market.
Fair value modelled at €485,230 from 6 comparable sales in the area. Asking €460,000 sits €25,230 (5.2%) below — the upside to fair value.
Asking €460,000 versus the rua Bornacha S / N area baseline of €405,300 (€3,070/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 above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €405,300, adjusted for condition and micro-location, gives a modelled fair value of €485,230 (€3,676/m²), a €25,230 (5.2%) gap versus the €460,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Bornacha S / N | Subject | €460,000 | €3,485 | — | 75 | 55 |
| Vila Nova de Cacela · 001578 | Active | €360,000 | €3,711 | 6.5% | 68 | 63 |
| Vila Nova de Cacela · 0dcf5b | Active | €466,000 | €3,641 | 4.5% | 72 | 64 |
| Altura · 00150f | Active | €495,000 | €3,056 | 12.3% | 78 | 54 |
| rua do Oriente | Active | €645,000 | €5,039 | 44.6% | 80 | 63 |
| Median comp | €480,500 | €3,676 | 5.5% | 75 | 63 |
Long-term rental The property in Vila Nova de Cacela presents a fair opportunity for long-term rental investors, given its fair valuation of €460,000 against a fair value of €485,230, resulting in a minimal 5.2% gap. However, the gross yield of 2.9% may limit profitability in a market heavily reliant on agriculture and seasonal tourism. Buy-and-hold Investors considering a buy-and-hold strategy may find the property moderately appealing, as its value aligns closely with the fair market assessment, indicating stability. The property's condition score of 78/100 reinforces its potential for long-term appreciation, albeit in a rural area with a neighborhood score of 55/100 suggesting limited immediate demand. Short-term rental This property is not suitable for short-term rental due to the rural context and the moderate neighborhood rating; it lacks the amenities and tourism flow necessary for attractive high-yield short-term operations. The lower tenant quality and reliance on seasonal demand further discourage investment in this strategy. Luxury market The property does not fit within the luxury market strategy, as it is priced at €460,000 which reflects a fair valuation rather than a luxury pricing tier. Given the neighborhood’s economic and housing characteristics, it does not align with expectations for high-value luxury properties.
Economic Vulnerability With an economic stability score of 45/100, the property may face heightened risk due to potential local market fluctuations and economic downturns 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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