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, 2-bathroom apartment of 90 m² on the 2nd floor, energy rating G. Located Vila Real de Santo António parish, Vila Real de Santo António municipality, Faro district. Unique Aspect: This apartment features a spacious balcony accessible from both the living kitchen and the suite, enhancing indoor-outdoor living in a vibrant central location. Condition: Good, Portuguese: Aspecto Único: Este apartamento possui uma varanda espaçosa acessível tanto da cozinha sala quanto da suíte, melhorando a vida interior-exterior numa localização central vibrante. Condição:** Boa
The valuation. The asking price of €360,000 is significantly above the fair value of €275,250, representing an overvaluation of €84,750 (30.8%). This indicates that investors may want to reconsider their options before proceeding.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila Real de Santo António · 0ac428 | Subject | €360,000 | €4,000 | — | — | 60 |
| rua da Barquinha | Active | €299,000 | €2,670 | 33.3% | 20 | 55 |
| rua Doutor António Passos | Active | €340,000 | €4,595 | 14.9% | — | 58 |
| Vila Real de Santo António · be95a5 | Active | €399,000 | €3,694 | 7.6% | — | 60 |
| Vila Real de Santo António · dee5b2 | Active | €180,000 | €2,647 | 33.8% | 65 | 56 |
| Median comp | €319,500 | €3,182 | 20.4% | 43 | 57 |
Long-term rental The property's price of €360,000 is significantly above its fair value of €275,250, indicating it is overpriced by 30.8%, which diminishes the attractiveness of long-term rental yields at only 2.9%. With a condition score of 0/100 and a neighbourhood rating of 60/100, potential rental income may be compromised despite the generally safe rural setting. Short-term vacation rental The current listing price is €360,000, far exceeding the fair value of €275,250, suggesting a 30.8% premium that could deter short-term vacation rental opportunities. Coupled with a low property condition score of 0/100, the investment may not yield desirable returns in a tourism-driven market. Value-add renovation At €360,000, this property is overpriced by 30.8% when considering the fair value of €275,250, making any investment in value-add renovations a challenging proposition. The meager condition score of 0/100 indicates substantial work is necessary; however, the expected return on investment may not compensate for the initial high purchase price. Not ideal for This property is not suitable for student housing or the luxury market, given its high price point of €360,000 and low conditions rated at 0/100. The local amenities and targeted tenant quality do not align well with these specific market segments.
Economic Vulnerability With an economic stability score of 55/100, the property may face challenges in revenue consistency, potentially leading to higher vacancy rates if economic conditions worsen.
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