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 house of 118 m², built in 2008, energy rating D. Located Monte Gordo parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: The property includes a charming porch entrance and a well-equipped outdoor barbecue area, perfect for entertaining in the sunlit courtyard. Additional Amenities: All rooms have air conditioning and it comes fully furnished for immediate living or rental.
The valuation. The asking price of €550,000 sits €40,070 (7.9%) above the fair value of €509,930. Given its fair valuation, this property represents a stable investment opportunity rather than a bargain.
Fair value modelled at €509,930 from 6 comparable sales in the area. Asking €550,000 sits €40,070 (7.9%) above — overpriced versus fair value.
Asking €550,000 versus the Monte Gordo, Vila Real de Santo António, Faro area baseline of €482,897 (€4,092/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 below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €482,897, adjusted for condition and micro-location, gives a modelled fair value of €509,930 (€4,321/m²), a €40,070 (7.9%) gap versus the €550,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Monte Gordo · 096ffc | Subject | €550,000 | €4,661 | — | 75 | 60 |
| rua de Beira-Mar | Active | €500,000 | €4,274 | 8.3% | 70 | 59 |
| Monte Gordo · 4a446f | Active | €565,000 | €5,765 | 23.7% | 66 | 57 |
| Castro Marim · 65a439 | Active | €1,400,000 | €5,385 | 15.5% | 75 | 52 |
| rua de Beira-Mar S / N | Active | €485,000 | €4,369 | 6.3% | 68 | 60 |
| Median comp | €532,500 | €4,877 | 4.6% | 69 | 58 |
Long-term rental This property offers a gross yield of 2.4%, which aligns with typical returns in the neighbourhood, though this yield indicates limited potential for cash flow growth. Additionally, with a fair value of €509,930, the property’s asking price reflects well within market norms but does not present an attractive investment opportunity for maximizing rental income. Short-term vacation rental The potential for short-term vacation rentals in Monte Gordo is moderate, facing competition from other tourist areas; the current gross yield of 2.4% suggests limited upside for short-term rental returns. While the property's condition rated at 78/100 reflects reasonable quality, the overall fair pricing suggests it is not positioned for significant appreciation in the vacation rental market. Student housing This property is not suitable for student housing due to the limited nearby amenities and the rural setting, which may deter student tenants. Given the neighbourhood score of 60/100, which indicates average tenant quality, the property is unlikely to attract the student demographic effectively.
Economic and Tenant Instability: With both economic stability and tenant stability scores at 60/100, there is a heightened risk of sudden market fluctuations or tenant turnover that could negatively 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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