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.
1-bedroom, 1-bathroom apartment of 41 m² on the 2nd floor, energy rating A. Located Monte Gordo parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: The apartment boasts a spacious 10.65m² balcony and pre-installation for air conditioning, enhancing both comfort and outdoor living space.
The valuation. The asking price of €320,000 is significantly above fair value, which is estimated at €235,077. This represents an overpricing of €84,923, or 36.1% above the fair market value.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Monte Gordo · 0ac4f5 | Subject | €320,000 | €7,805 | — | — | 58 |
| rua Nossa Senhora das Dores | Active | €214,000 | €5,487 | 29.7% | 80 | 65 |
| rua Fernão de Magalhães, 29 | Active | €299,000 | €5,980 | 23.4% | 74 | 59 |
| rua Dom João de Aboim, 36 | Active | €365,000 | €6,636 | 15.0% | 65 | 61 |
| rua Dom Francisco de Almeida | Active | €575,000 | €6,765 | 13.3% | 76 | 58 |
| Median comp | €332,000 | €6,308 | 19.2% | 75 | 60 |
Short-term vacation rental Given the 36.1% gap between the listing price of €320,000 and the fair value of €235,077, this property is not appropriate for a short-term vacation rental strategy, especially with a gross yield of 0%. Additionally, its rural location outside major cities diminishes its appeal for tourists, making it less viable for generating rental income. Long-term rental With a current price that exceeds its fair value by 36.1%, this property is not a suitable candidate for a long-term rental investment, as it does not provide any immediate cash flow with its 0% gross yield. Furthermore, tenant quality and overall neighborhood rating of 58/100 indicate challenges in attracting stable long-term tenants. Value-add renovation While value-add renovations could potentially enhance a property's appeal, the current overpricing by 36.1% makes it difficult to justify any investment in renovations for this apartment. The property's low condition score of 0/100 further complicates its attractiveness, indicating a significant amount of work is needed before realizing any potential increase in value.
Economic Vulnerability The property faces a significant risk due to an economic stability score of 50/100, indicating potential instability in the local market that could impact rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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