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.
6-bedroom, 2-bathroom house of 95 m², energy rating E. Located Monte Gordo parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: The spacious terrace provides a unique outdoor area for leisure or entertainment, while the room configuration allows for flexible independent living options. Location: Situated less than a 5-minute walk from Monte Gordo Beach.**
The valuation. The asking price of €380,000 significantly exceeds the fair value of €240,893 by €139,107 (57.7%). This property can be clearly classified as overpriced, suggesting a need for careful consideration by potential investors.
Fair value modelled at €240,893 from 6 comparable sales in the area. Asking €380,000 sits €139,107 (57.7%) above — overpriced versus fair value.
Asking €380,000 versus the Monte Gordo, Vila Real de Santo António, Faro area baseline of €316,268 (€3,329/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 61/100 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 €316,268, adjusted for condition and micro-location, gives a modelled fair value of €240,893 (€2,536/m²), a €139,107 (57.7%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Monte Gordo · 76af02 | Subject | €380,000 | €4,000 | — | 55 | 68 |
| Vila Real de Santo António · 51b6e6 | Active | €450,000 | €2,500 | 37.5% | 62 | 55 |
| avenida Fernando Salgueiro Maia | Active | €695,000 | €2,945 | 26.4% | 63 | 53 |
| Castro Marim · 6a9465 | Active | €339,900 | €2,266 | 43.3% | 65 | 56 |
| rua de Beira-Mar S / N | Active | €485,000 | €4,369 | 9.2% | 68 | 60 |
| Median comp | €467,500 | €2,723 | 31.9% | 64 | 56 |
Short-term vacation rental The property is overpriced at €380,000 compared to a fair value of €240,893, indicating a gap of 57.7%. With a gross yield of 0%, this investment lacks the necessary financial viability for a successful short-term rental strategy in a competitive market. Long-term rental The 6-bed house's asking price significantly exceeds its fair market value, making it an unattractive option for long-term rental purposes. Given the current condition rating of 61/100, the potential returns do not justify investing in this property for stable rental income. Buy-and-hold Given the property's significant markup relative to its fair value of €240,893, it is not a prudent buy-and-hold investment. The property’s condition and neighborhood ratings limit its appeal for future appreciation, making it a less favorable long-term hold in an already competitive Algarve market.
Economic and Tenant Risk The economic and tenant stability scores of 65/100 indicate a moderate risk, suggesting potential volatility in rental income and occupancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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