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, 1-bathroom apartment of 93 m² on the 2nd floor, built in 1988, energy rating C. Located on alameda da Índia, Monte Gordo parish, Vila Real de Santo António municipality, Faro district. This apartment features spacious balconies that offer direct views over Alameda da Índia square, enhancing outdoor living in a prime waterfront location.
The valuation. The asking price of €350,000 sits slightly below the fair value of €350,699, making it a fair-priced investment opportunity in the market. This slight variance indicates a solid basis for valuation with minimal risk.
Fair value modelled at €350,699 from 6 comparable sales in the area. Asking €350,000 sits €699 (0.2%) below — the upside to fair value.
Asking €350,000 versus the alameda da Índia area baseline of €396,683 (€4,265/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 is below the parish average, reducing 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 €396,683, adjusted for condition and micro-location, gives a modelled fair value of €350,699 (€3,771/m²), a €699 (0.2%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| alameda da Índia | Subject | €350,000 | €3,763 | — | 65 | 60 |
| rua Gil Eanes S / N | Active | €275,000 | €3,986 | 5.9% | 62 | 55 |
| Monte Gordo · 4bbc55 | Active | €320,000 | €3,810 | 1.2% | 70 | 63 |
| rua Dom Francisco de Almeida, 6 | Active | €270,000 | €4,500 | 19.6% | 70 | 58 |
| Monte Gordo · cfdde9 | Active | €265,000 | €3,732 | 0.8% | 68 | 52 |
| Median comp | €272,500 | €3,898 | 3.6% | 69 | 57 |
Long-term rental Considering the fair valuation of €350,000, the 3.1% gross yield is indicative of consistent rental income, aligning with long-term investment goals. However, the property may face challenges due to its moderate neighborhood ratings of 60/100, potentially impacting tenant demand in the long run. Family rental The property’s spacious 93m² layout is suitable for families, though its location near Algarve may not attract families seeking premium amenities. The fair valuation and moderate yield suggest a balanced yet cautious approach for family rentals, making this property a reasonable choice with limited upside. Buy-and-hold With a fair value assessment of €350,699, holding this property long-term may provide stable, if modest, returns given the 3.1% yield. The surrounding economic context, primarily driven by service and agriculture, implies that while the investment is not poor, it may lack significant appreciation potential over time.
Economic Vulnerability The economic stability score of 55/100 indicates a potential risk of market fluctuations affecting rental income and tenant retention.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
