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, 2-bathroom apartment of 180 m². Located Vila Real de Santo António parish, Vila Real de Santo António municipality, Faro district. The apartment features a charming private patio of 24.74 m², ideal for outdoor dining and relaxation in the vibrant historic center of Vila Real de Santo António.
The asking price is above the fair value, creating a gap of €76,000, representing a 15.6% downside versus the asking price. The rental income strategy applies strongly to this property, with an estimated gross yield of 6.5% in the top quarter of the national range.
The property's fair value is determined by combining two models: the Transaction model, which relies on 72 recorded real transaction sales over the past year in Vila Real de Santo António (accounting for 55%), and the Adjusted asking-price model, based on current listings and adjusted to reflect sale levels (making up the remaining 45%). No conservative adjustments were considered for this property. The evaluation concluded a fair value of €409,000, indicating that the asking price is above this fair value by €76,000, representing a 15.6% downside vs the asking price. The asking price is above the fair value, and the confidence level is high.
Gross yield 6.5% (before costs)
The apartment in Vila Real de Santo António presents a compelling investment opportunity with a gross rental yield of 6.5%, positioning it within the top quartile of the national range, which strongly supports its potential for rental income despite the high asking price of €485,000 being above the fair value of €409,000. The property is in good condition, rated 86/100, contributing positively to its rental appeal in a neighborhood currently rated 50/100, while the 15.6% downside indicates that there could be risk in achieving a return aligned with current market conditions. Therefore, prospective investors should carefully evaluate the price against the potential rental returns and the realities of the location's competitive landscape before proceeding with an acquisition.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The property has low economic and tenant stability scores of 50/100, indicating potential vulnerabilities in maintaining consistent rental income and attracting reliable tenants.
Grade AFindings: 0
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Models 3.4.3 (Data quality v3 · Valuation v4.2 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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