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, 0-bathroom apartment_building of 224 m², built in 1988, energy rating D. Located on rua Doutor João Mateus Abecassis S / N, Vila Real de Santo António parish, Vila Real de Santo António municipality, Faro district. Noteworthy Feature: The building offers a private rooftop that provides scenic views of the Guadiana River, enhancing its appeal for both relaxation and entertainment purposes.
The valuation. There are not enough comparable sales in this area yet to establish a reliable fair-value estimate. The current market condition makes analysis challenging for establishing a precise price point.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor João Mateus Abecassis S / N | Subject | €600,000 | €2,679 | — | 70 | 58 |
| rua Jornal do Algarve, 4B4 | Active | €209,000 | €2,944 | 9.9% | 70 | 60 |
| Monte Gordo · 3a7389 | Active | €230,000 | €4,423 | 65.1% | 72 | 54 |
| Vila Real de Santo António · be92e7 | Active | €115,000 | €3,286 | 22.7% | 65 | 54 |
| alameda da Índia, 7 | Active | €385,000 | €5,923 | 121.1% | 80 | 50 |
| Median comp | €219,500 | €3,855 | 43.9% | 71 | 54 |
Long-term rental This property has potential for stable long-term rental income due to its proximity to amenities and a decent tenant quality rating of 58/100. Its condition rating of 74/100 indicates that it may require minimal maintenance to attract reliable tenants. Short-term vacation rental With the typical Algarve characteristics appealing to tourists, this property could thrive as a short-term vacation rental despite its current zero yield. The local dynamics suggest a competitive rental market, which could enhance occupancy rates during peak tourist seasons. Value-add renovation This property presents an attractive opportunity for value-add renovation given its condition rating of 74/100, allowing for potential increases in rental income post-improvement. Enhancing the property could significantly capitalize on both tourist appeal and local tenant demand, boosting its overall neighborhood rating. Not ideal for luxury market The property does not fit the luxury market due to its neighborhood rating of 58/100 and the absence of upscale amenities. Consequently, investments targeted at high-end clientele would not be advisable here. Not ideal for student housing This building is not suited for student housing given the limited appeal to this demographic in the current market landscape. The overall tenant quality suggests that the area may not attract reliable student occupants. Not ideal for buy-and-hold The favorable tourist dynamics in the region point towards alternative investment strategies rather than a buy-and-hold approach. Long-term appreciation potential appears limited based on local economic conditions and tenant ratings.
Economic Volatility Risk With an economic stability score of 50/100, there is a heightened risk of fluctuations in the local economy affecting rental income and property value.
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Not enough comparable sales in this area to confidently estimate a fair value.
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