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 111 m², built in 1988, energy rating E. Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. This apartment benefits from a terrace that offers picturesque sea views, enhancing the overall living experience in a prime location near the city's amenities.
The valuation. The asking price of €289,000 is below the fair value of €321,374, indicating a potential opportunity as the property is undervalued by €32,374 (11.2%).
Fair value modelled at €321,374 from the area baseline, adjusted for condition and location. Asking €289,000 sits €32,374 (11.2%) below — the upside to fair value.
Asking €289,000 versus the Faro (Sé e São Pedro), Faro, Faro area baseline of €358,641 (€3,231/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 70 · Materials 75 · Room dimensions 76). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 57/100 (Housing Market 60 · Amenities 50 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Faro (Sé e São Pedro), Faro, Faro
Area baseline €358,641 + condition -€5,203 + location +€8,895 = modelled fair value of €321,374 (€2,895/m²), a €32,374 (11.2%) gap versus the €289,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Faro (Sé e São Pedro) · dbd479 | Subject | €289,000 | €2,604 | — | 70 | 57 |
| Faro (Sé e São Pedro) · 0dd008 | Active | €295,000 | €2,837 | 8.9% | 72 | 58 |
| urbanização Alto Rodes Alto Rodes | Active | €357,000 | €2,811 | 8.0% | 75 | 63 |
| urbanização Vale da Amoreira Penha | Active | €230,000 | €3,286 | 26.2% | 70 | 63 |
| Faro (Sé e São Pedro) · 4a819b | Active | €325,000 | €1,806 | 30.7% | 80 | 63 |
| Median comp | €310,000 | €2,824 | 8.5% | 74 | 63 |
Short-term vacation rental This 2-bed apartment in Faro is well-positioned for the short-term vacation rental market, with an attractive yield of 4.2% gross, capitalizing on the area's tourist appeal. The property’s fair value of €321,374 suggests it remains a strong investment choice despite the current listing price being €289,000, indicating an 11.2% gap relative to fair value. Long-term rental The property's location in Faro offers potential for long-term rental opportunities, enhanced by the overall demand in the Algarve region driven by tourism. While the condition and neighbourhood ratings are moderate, the price point of €289,000 represents a favorable investment against the fair market value of €321,374, reflecting a promising yield of 4.2% gross.
Economic Instability The property's economic stability score of 55/100 suggests a moderate risk of fluctuations in market conditions that could impact rental income and property value.
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