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 76 m² on the 2nd floor, built in 2003. Located on avenida da República, 4, Vila Real de Santo António parish, Vila Real de Santo António municipality, Faro district. This apartment features high-quality stone tile flooring and high ceilings, enhancing its spacious feel, while modern updates have been thoughtfully combined with retained traditional wood accents.
The asking price of €260,000 is above the fair value of €244,000, indicating a downside of €16,000, or 6.3%. Confidence in this fair value is medium. Rental income. The property has an estimated gross yield of 5.1%, which aligns well with the current rental income strategy as it exceeds the national average.
The asking price is above the fair value. This property's fair value is calculated using a combination of a Transaction model, based on 198 recorded sales in Vila Real de Santo António, and an Adjusted asking-price model, reflecting current listings. Both models are equally weighted at 50%. No conservative adjustments were applied to this property. The fair value is €244,000, while the asking price is €260,000, representing a 6.3% downside compared to the asking price. The confidence level in this valuation is medium.
Gross yield 5.1% (before costs)
This 1-bed apartment in Vila Real de Santo António, covering 76m², presents a gross yield of 5.1%, characterized as above average within the national rental market. However, the asking price of €260,000 exceeds the fair value by 6.3%, indicating a 16,000 € devaluation against the asking price which may limit its attractiveness for investors seeking value. Despite a relatively good condition rating of 76/100, the neighborhood's score of 50/100 might pose challenges in tenant quality and rental demand. Therefore, while the investment offers reasonable rental income potential, the pricing concerns merit caution.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk: With both economic and tenant stability scores at 50/100, there is a significant risk that the property may face challenges in attracting and retaining reliable tenants, impacting rental income stability. Fair value certainty risk: The valuation confidence is medium and is based on fair value of €244,000; however, the lack of micro-location transaction data introduces uncertainty regarding the true market value of the property.
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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