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 house of 187 m², energy rating E. Located Vila Nova de Cacela parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: This property includes a second construction with 115 m² on a 410 m² plot, presenting significant potential for recovery or redevelopment in a sought-after coastal area.
The valuation. The asking price of €560,000 is slightly above the calculated fair value of €554,684 by €5,316 (1.0%). This puts the property at a fair valuation, reflecting its quality and location in Vila Nova de Cacela.
Fair value modelled at €554,684 from 6 comparable sales in the area. Asking €560,000 sits €5,316 (1.0%) above — overpriced versus fair value.
Asking €560,000 versus the Vila Nova de Cacela, Vila Real de Santo António, Faro area baseline of €619,628 (€3,314/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 57/100 is below the parish average, reducing 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 €619,628, adjusted for condition and micro-location, gives a modelled fair value of €554,684 (€2,966/m²), a €5,316 (1.0%) gap versus the €560,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila Nova de Cacela · 51cc22 | Subject | €560,000 | €2,995 | — | 52 | 70 |
| Vila Nova de Cacela · 828e72 | Active | €260,000 | €2,680 | 10.5% | 36 | 55 |
| Altura · a80abf | Active | €460,000 | €1,045 | 65.1% | 56 | 54 |
| Altura · 99f26e | Active | €990,000 | €5,625 | 87.8% | 60 | 57 |
| Vila Nova de Cacela · f35ffc | Active | €400,000 | €3,252 | 8.6% | 65 | 65 |
| Median comp | €430,000 | €2,966 | 1.0% | 58 | 56 |
Short-term vacation rental The property in Vila Nova de Cacela offers a gross yield of 2.6%, which aligns with the area's tourism dynamics, ensuring steady rental demand. However, with a fair value only slightly above the listing at €554,684, this investment reflects a saturated market with limited potential for price appreciation. Buy-and-hold Holding this property could yield stable returns, particularly given its proximity to larger tourist towns. Nevertheless, with a fair valuation and a condition score of 57/100, the potential for future value increase seems limited. Not ideal for student housing This property is not suited for student housing due to its location and the profile of the surrounding neighborhood, which caters more to tourists than long-term residents. The limited demand from students further undermines its viability for this purpose.
Economic Uncertainty The property faces potential decline in value due to its economic and tenant stability scores of 65/100, indicating a moderate risk in maintaining consistent cash flows or property appreciation.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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