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.
0-bedroom, 2-bathroom apartment of 148 m², energy rating B. Located Vila Nova de Cacela parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: This apartment boasts a spacious outdoor barbecue area with a supporting sink and two resort-style swimming pools, enhancing both leisure and social experiences.
The valuation. There are not enough comparable sales in Vila Nova de Cacela to establish a reliable fair-value estimate. As such, any pricing discussions may not accurately reflect the true market conditions.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila Nova de Cacela · 53ca89 | Subject | €530,000 | €3,581 | — | 78 | 58 |
| rua da Quinta da Manta Mar S / N | Active | €240,000 | €4,000 | 11.7% | 75 | 52 |
| largo do Mercado, 10 | Active | €329,000 | €4,113 | 14.8% | 79 | 62 |
| Vila Nova de Cacela · bf28af | Active | €300,000 | €4,286 | 19.7% | 73 | 55 |
| avenida Manuel G. Rosa Mendes | Active | €290,000 | €3,766 | 5.2% | 65 | 61 |
| Median comp | €295,000 | €4,057 | 13.3% | 74 | 58 |
Short-term vacation rental The apartment, located in the Algarve region, is well-positioned to capitalize on the area's tourism appeal, attracting visitors seeking a spacious accommodation option. With the potential for seasonal high demand, converting this property into a vacation rental could maximize returns despite its current yield being at 0%. Buy-and-hold This property presents a stable option in a market that benefits from growing tourism trends, supporting long-term value appreciation. Its reasonable condition score indicates a decent dwelling that can maintain occupancy levels among visitors year-round, making it suitable for a buy-and-hold investment strategy. Value-add renovation Investing in renovations could significantly enhance the property’s appeal by upgrading its amenities and services, translating into increased rental income potential. Given its 80/100 condition rating, targeted improvements could reposition this asset more favorably within the local market and attract a broader demographic of tenants. Not ideal for luxury market The property does not meet the standards typically expected in the luxury sector, which could limit its appeal among affluent clientele. Its current amenities and overall neighborhood rating suggest that this investment will not yield adequate returns if pursued within the luxury market. Not ideal for long-term rental Due to the neighborhood's average score of 58/100, the property may struggle to attract stable long-term tenants. Furthermore, property dynamics in the tourism-centric Algarve make long-term leasing less appealing compared to short-term options. Not ideal for student housing The current demographics and amenities in Vila Nova de Cacela are not conducive for attracting a stable base of student tenants. With only basic services available in the area, this property would likely fall short of meeting the lifestyle needs of student renters.
Economic and Tenant Instability The property faces a significant risk due to its low economic stability score of 55/100 and tenant stability score of 55/100, indicating potential challenges in occupancy rates and rental income consistency.
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Not enough comparable sales in this area to confidently estimate a fair value.
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