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 apartment of 101 m² on the 3rd floor, built in 2008, energy rating E. Located Vila Real de Santo António parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: The communal terrace includes two barbecues, providing a delightful outdoor entertaining space with stunning views of the Guadiana River.
The valuation. The asking price of €420,000 sits €21,883 (5.5%) above the fair value of €398,117, suggesting a balanced market position for this property, yet it remains aligned with comparable sales in the area. Buy-to-flip angle. With the property in good condition and high-quality finishes, a buy-to-flip strategy could yield significant profits if resale prices appreciate with increasing local demand. Buy-to-let angle. The estimated monthly rental income of €910 equates to a gross yield of 2.6%, presenting a stable return for long-term investment aligned with the area's economic activity from tourism.
Fair value modelled at €398,117 from 6 comparable sales in the area. Asking €420,000 sits €21,883 (5.5%) above — overpriced versus fair value.
Asking €420,000 versus the Vila Real de Santo António, Vila Real de Santo António, Faro area baseline of €322,029 (€3,188/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 €322,029, adjusted for condition and micro-location, gives a modelled fair value of €398,117 (€3,942/m²), a €21,883 (5.5%) gap versus the €420,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila Real de Santo António · e834dc | Subject | €420,000 | €4,158 | — | 75 | 50 |
| rua de Angola | Active | €399,000 | €3,874 | 6.8% | 66 | 64 |
| rua de Gonçalo Velho | Active | €295,000 | €2,950 | 29.1% | 75 | 59 |
| rua 5 de Outubro S / N | Active | €425,000 | €4,048 | 2.7% | 70 | 58 |
| rua Doutor Oliveira Martins, 35 | Active | €280,000 | €4,000 | 3.8% | 80 | 66 |
| Median comp | €347,000 | €3,937 | 5.3% | 73 | 62 |
Long-term rental This 2-bed apartment in Vila Real de Santo António is priced fairly given its condition rating of 79/100, appealing to tenants seeking a decent living space. However, with a gross yield of only 2.6%, the long-term rental income potential is modest, resulting in limited cash flow. Buy-and-hold Acquiring this property could be a steady option in the long-term growth context of Vila Real de Santo António, yet it is slightly above its fair value at €420,000. The area’s economic reliance on tourism and agriculture may gradually enhance property values, but current returns may not be compelling for immediate capital appreciation. Family rental As a family rental, this apartment serves adequately with room for gradual value adjustment but remains fairly priced against the fair value of €398,117. The neighborhood’s modest score of 50/100 may deter some families, leading to potential challenges in maximizing rental income.
High Economic Risk The economic stability score of 40/100 indicates a significant risk of economic instability that may affect rental income and tenant retention.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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