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, 3-bathroom apartment of 104 m², energy rating E. Located Vila Real de Santo António parish, Vila Real de Santo António municipality, Faro district. Property Features: The apartment boasts unobstructed river views and a common terrace, providing added outdoor space for relaxation and social gatherings in the heart of Vila Real de Santo António.
The valuation. The asking price of €399,000 sits below the fair value of €432,475 by €33,475 (7.7%), indicating a reasonably competitive market position. The property can be deemed reasonably priced without being a standout deal.
Fair value modelled at €432,475 from 5 comparable sales in the area. Asking €399,000 sits €33,475 (7.7%) below — the upside to fair value.
Asking €399,000 versus the Vila Real de Santo António, Vila Real de Santo António, Faro area baseline of €387,046 (€3,722/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €387,046, adjusted for condition and micro-location, gives a modelled fair value of €432,475 (€4,158/m²), a €33,475 (7.7%) gap versus the €399,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila Real de Santo António · 2ce1d1 | Subject | €399,000 | €3,837 | — | 73 | 64 |
| Vila Real de Santo António · e834dc | Active | €420,000 | €4,158 | 8.4% | 75 | 50 |
| rua 5 de Outubro S / N | Active | €425,000 | €4,048 | 5.5% | 70 | 58 |
| rua Doutor Manuel de Arriaga, 26 | Active | €549,000 | €4,575 | 19.2% | 82 | 54 |
| rua da Princesa | Active | €395,000 | €4,759 | 24.0% | 69 | 54 |
| Median comp | €422,500 | €4,367 | 13.8% | 73 | 54 |
Short-term vacation rental The property is fairly positioned in a tourist-heavy area, which supports a robust short-term rental market. However, with a gross yield of 2.7%, it may not provide optimal returns for this investment strategy. Long-term rental Given the steady demand from the tourism sector in Vila Real de Santo António, long-term rentals could yield consistent occupancy rates. The fair valuation suggests limited upside potential, making this strategy less attractive for capital appreciation. Buy-and-hold Investing with a buy-and-hold strategy in this property is reasonable due to the fair value assessment within a stable market environment. However, the 2.7% yield may not sufficiently compensate for holding costs over the long term, indicating a need for cautious consideration in this approach.
Economic Vulnerability The economic stability score of 55/100 indicates a moderate risk of economic downturns affecting property value and tenant turnover.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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