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, 1-bathroom apartment of 115 m² on the 1st floor, built in 1973, energy rating D. Located on rua 25 de Abril, Vila Real de Santo António parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: The apartment features elegant parquet flooring and impressive high ceilings, indicative of its original quality, enhancing the overall aesthetic despite the contrasting renovation conditions.
The valuation. The asking price of €227,000 is positioned slightly below the fair value of €240,087, indicating the property is fairly priced at a margin of €13,087 (5.5%). Buy-to-flip angle. With minor renovations enhancing its appeal, the apartment may attract buyers in the competitive Vila Real de Santo António market, capitalizing on its location and tourism demand for a profitable resale. Buy-to-let angle. Generating an estimated gross yield of 5.9% with a monthly rental income of €1,116, the property presents a robust long-term rental opportunity, given its proximity to Algarve and the demand driven by tourism.
Fair value modelled at €240,087 from 6 comparable sales in the area. Asking €227,000 sits €13,087 (5.5%) below — the upside to fair value.
Asking €227,000 versus the rua 25 de Abril area baseline of €205,543 (€1,787/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 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 €205,543, adjusted for condition and micro-location, gives a modelled fair value of €240,087 (€2,088/m²), a €13,087 (5.5%) gap versus the €227,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua 25 de Abril | Subject | €227,000 | €1,974 | — | 60 | 51 |
| rua do Sapal | Active | €279,900 | €2,043 | 3.5% | — | 57 |
| rua 25 de Abril, 38 | Active | €290,000 | €2,132 | 8.0% | 65 | 62 |
| rua Doutor Sousa Martins | Active | €240,000 | €1,818 | 7.9% | 66 | 57 |
| rua Doutor Sousa Martins | Active | €240,000 | €1,818 | 7.9% | 66 | 66 |
| Median comp | €259,950 | €1,931 | 2.2% | 66 | 60 |
Long-term rental This property’s fair valuation at €240,087 with a slight gap indicates that the pricing is reasonable. The 5.9% gross yield suggests stable cash flow potential, particularly due to the ongoing demand in Vila Real de Santo António's rental market. Short-term vacation rental Given its fair value and solid yield of 5.9%, the property could perform consistently in the short-term vacation rental market, especially with its proximity to Algarve's tourist hotspots. The demand driven by tourism adds an attractive layer to the investment despite the average neighborhood rating. Buy-and-hold The property’s current valuation aligns with its long-term stability, making this a fair investment choice for buy-and-hold strategies. Holding onto this apartment could yield benefits from the appreciating market, primarily fueled by the region's tourism appeal. Not ideal for: Student housing, Luxury market, Value-add renovation
Stagnant Rental Demand The economic stability score of 48 and tenant stability score of 49 indicate a potential risk for stagnant rental demand, signaling challenges in maintaining occupancy levels.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
