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.
3-bedroom, 2-bathroom house of 127 m², built in 2008, energy rating D. Located Vila Nova de Cacela parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: The property boasts a serene shared pool and an expansive outdoor area perfect for entertaining, enhancing privacy in a small, exclusive condominium of only three homes.
The valuation. The asking price of €420,000 is approximately €25,228 (6.4%) above the fair value of €394,772, indicating a valuation that is reasonably aligned with market expectations. This positions the property as fairly priced within the current market context.
Fair value modelled at €394,772 from 6 comparable sales in the area. Asking €420,000 sits €25,228 (6.4%) above — overpriced versus fair value.
Asking €420,000 versus the Vila Nova de Cacela, Vila Real de Santo António, Faro area baseline of €373,523 (€2,941/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €373,523, adjusted for condition and micro-location, gives a modelled fair value of €394,772 (€3,108/m²), a €25,228 (6.4%) gap versus the €420,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila Nova de Cacela · e54ef2 | Subject | €420,000 | €3,307 | — | 76 | 68 |
| Vila Nova de Cacela · 2d832c | Active | €475,000 | €2,827 | 14.5% | 78 | 58 |
| rua Bornacha S / N | Active | €460,000 | €3,485 | 5.4% | 75 | 55 |
| Vila Nova de Cacela · 0dcf5b | Active | €466,000 | €3,641 | 10.1% | 72 | 64 |
| Vila Nova de Cacela · f5eac1 | Active | €379,500 | €2,965 | 10.3% | 66 | 60 |
| Median comp | €463,000 | €3,225 | 2.5% | 74 | 59 |
Short-term vacation rental This property, while positioned in a tourist-friendly area, does not significantly deviate from fair market value, making it a reasonable option but lacking in price competitiveness. With a gross yield of 3.7%, investors should be mindful of the limited profit potential relative to higher-performing markets. Buy-and-hold Although the perceived value is close to the fair market value, the property’s yield of 3.7% suggests that long-term appreciation may not be as robust in this region. Holding this property might provide stability, but potential investors should manage expectations regarding future income growth. Long-term rental Given the fair valuation and a gross yield of 3.7%, long-term rental prospects may generate reliable cash flow but will not excel compared to alternative locations. The overall condition and moderate neighborhood rating indicate that maintaining this asset for consistent rental income may yield average returns without compelling margins.
Economic Vulnerability The economic stability score of 55/100 indicates a significant risk of market fluctuations that could negatively affect returns on investment.
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