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, 1-bathroom apartment of 73 m², energy rating G. Located Monte Gordo parish, Vila Real de Santo António municipality, Faro district. Noteworthy Features: The apartment includes a balcony offering partial sea views and is located just 200 meters from the beach, enhancing its appeal for coastal living.
The valuation. The asking price of €350,000 sits substantially above the fair value of €246,945, representing an overvaluation of €103,055 (41.7%). This property cannot be considered a sound investment at its current price point.
Fair value modelled at €246,945 from 6 comparable sales in the area. Asking €350,000 sits €103,055 (41.7%) above — overpriced versus fair value.
Asking €350,000 versus the Monte Gordo, Vila Real de Santo António, Faro area baseline of €274,056 (€3,754/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €274,056, adjusted for condition and micro-location, gives a modelled fair value of €246,945 (€3,383/m²), a €103,055 (41.7%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Monte Gordo · 0ac502 | Subject | €350,000 | €4,795 | — | 64 | 59 |
| Vila Real de Santo António · dee5b2 | Active | €180,000 | €2,647 | 44.8% | 65 | 56 |
| rua de Real Village | Active | €449,000 | €4,989 | 4.1% | 75 | 61 |
| rua Tristão Vaz Teixeira | Active | €390,000 | €3,250 | 32.2% | 74 | 61 |
| rua do Sapal Alto, 104 | Active | €290,000 | €3,053 | 36.3% | 60 | 53 |
| Median comp | €340,000 | €3,152 | 34.3% | 70 | 59 |
Short-term vacation rental The property is overpriced by 41.7% compared to its fair value of €246,945, which severely limits potential profitability in the competitive short-term rental market. With a gross yield of only 3% and room for improvement in both condition and neighborhood score, this investment may struggle to attract tourists seeking value. Buy-and-hold Given that the property is assessed at €350,000 while the fair value stands significantly lower at €246,945, long-term appreciation may not support the initial investment price. The combination of a modest gross yield of 3% and a declining neighborhood rating suggests that this strategy may yield unsatisfactory returns over time.
Economic Vulnerability The economic stability score of 50/100 indicates a high risk of market fluctuations affecting rental income and property value.
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