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 197 m². Located Vila Nova de Cacela parish, Vila Real de Santo António municipality, Faro district. This luxurious apartment features extensive floor-to-ceiling double-glazed windows that provide panoramic views of the Jack Nicklaus Signature golf course and surrounding Algarve countryside.
The valuation. The asking price of €700,000 is underpriced compared to the fair value of €792,987, representing a discrepancy of €92,987 (11.7%). This positions the property favorably in the current market.
Fair value modelled at €792,987 from 6 comparable sales in the area. Asking €700,000 sits €92,987 (11.7%) below — the upside to fair value.
Asking €700,000 versus the Vila Nova de Cacela, Vila Real de Santo António, Faro area baseline of €692,847 (€3,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 88/100 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 €692,847, adjusted for condition and micro-location, gives a modelled fair value of €792,987 (€4,025/m²), a €92,987 (11.7%) gap versus the €700,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila Nova de Cacela · 0ac67b | Subject | €700,000 | €3,553 | — | 95 | 60 |
| Vila Nova de Cacela · bf28af | Active | €300,000 | €4,286 | 20.6% | 73 | 55 |
| rua Duque da Terceira | Active | €310,000 | €2,793 | 21.4% | 70 | 58 |
| rua da Quinta da Manta Mar S / N | Active | €240,000 | €4,000 | 12.6% | 75 | 52 |
| rua Duque de Terceira, 76 | Active | €315,000 | €4,632 | 30.4% | 72 | 55 |
| Median comp | €305,000 | €4,143 | 16.6% | 73 | 55 |
Short-term vacation rental This property, with an estimated fair value exceeding the listing price by 11.7%, presents a compelling opportunity for short-term vacation rentals in the highly sought-after Algarve region. The attractive condition rating of 88/100 indicates a well-maintained space, catering well to the tourist-driven market. Buy-and-hold Investing in this property may offer a solid long-term hold strategy given its fair value of €792,987, suggesting that the listing price of €700,000 is below what the market typically supports. The area's strong tourism economy provides a stable backdrop for future value appreciation. Family rental With a favorable gap of 11.7% to its fair value, this 2-bed apartment can serve as a reliable family rental option in a neighborhood that, despite its 60/100 rating, benefits from the overall appeal of the Algarve region. The strong tourism influence may also translate into consistent demand for family accommodations during peak seasons.
Economic Vulnerability The economic stability score of 55/100 indicates a heightened risk of fluctuations in the property's market value due to potential local economic downturns.
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