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 apartment of 113 m² on the 1st floor, energy rating D. Located Vila Real de Santo António parish, Vila Real de Santo António municipality, Faro district. This apartment features a modern kitchen with electric appliances, enhancing safety and convenience, along with a balcony that offers excellent solar exposure for outdoor relaxation.
The valuation. The asking price of €339,000 is €32,719, or 8.8%, below the fair value of €371,719. This indicates the property is valued fairly within the current market context.
Fair value modelled at €371,719 from 4 comparable sales in the area. Asking €339,000 sits €32,719 (8.8%) below — the upside to fair value.
Asking €339,000 versus the Vila Real de Santo António, Vila Real de Santo António, Faro area baseline of €275,338 (€2,437/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 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 €275,338, adjusted for condition and micro-location, gives a modelled fair value of €371,719 (€3,290/m²), a €32,719 (8.8%) gap versus the €339,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila Real de Santo António · 2fcafc | Subject | €339,000 | €3,000 | — | 78 | 57 |
| avenida dos Bombeiros, 38 | Active | €275,000 | €3,198 | 6.6% | 80 | 51 |
| rua de Angola | Active | €399,000 | €3,874 | 29.1% | 66 | 64 |
| avenida dos Bombeiros, 40 | Active | €270,000 | €3,253 | 8.4% | 80 | 58 |
| Vila Real de Santo António · 15e3a7 | Active | €459,000 | €3,326 | 10.9% | 80 | 56 |
| Median comp | €337,000 | €3,290 | 9.7% | 80 | 57 |
Short-term vacation rental The property offers a gross yield of 3.8%, indicating its potential to generate steady rental income in the Algarve tourist area. However, given the fair valuation of €371,719 and the neighbourhood rating of 57/100, it may face challenges in attracting consistent short-term guests. Long-term rental With a fair market price and an 83/100 condition rating, this apartment can serve as a stable option for long-term rental, appealing to tenants seeking housing in Vila Real de Santo António. The 3.8% yield is reasonable, yet the lower neighbourhood score suggests potential obstacles in securing high-quality tenants over time.
Economic Volatility Risk The economic stability score of 50/100 indicates potential volatility that could impact 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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