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.
4-bedroom, 1-bathroom house of 163 m², energy rating F. Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. This property features unobstructed panoramic views of the sea and Algarve mountains, offering a serene backdrop for potential renovation into a stunning residence or vacation home.
The valuation. The asking price of €425,000 is above the fair value of €397,955, resulting in an overpricing of €27,045 (6.4%). This suggests that the property does not offer a compelling investment based on its current valuation.
Fair value modelled at €397,955 from the area baseline, adjusted for condition and location. Asking €425,000 sits €27,045 (6.4%) above — overpriced versus fair value.
Asking €425,000 versus the Faro (Sé e São Pedro), Faro, Faro area baseline of €529,913 (€3,251/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 31/100 (Condition 25 · Materials 30 · Room dimensions 40). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 80 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Faro (Sé e São Pedro), Faro, Faro
Area baseline €529,913 + condition -€113,336 + location +€44,785 = modelled fair value of €397,955 (€2,441/m²), a €27,045 (6.4%) gap versus the €425,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Faro (Sé e São Pedro) · 38b217 | Subject | €425,000 | €2,607 | — | 25 | 74 |
| rua do Compromisso, 35 | Active | €589,000 | €2,067 | 20.7% | 48 | 64 |
| rua de Santo António | Active | €370,000 | €3,895 | 49.4% | 45 | 73 |
| largo da Madalena, 3 | Active | €165,000 | €838 | 67.9% | — | 71 |
| Faro (Sé e São Pedro) · cfdf21 | Active | €426,000 | €2,420 | 7.2% | 54 | 60 |
| Median comp | €398,000 | €2,244 | 14.0% | 48 | 68 |
Short-term vacation rental This property is overpriced at €425,000, with a fair value of €397,955 and only a 4.4% gross yield, making it an unattractive investment for vacation rental prospects. The condition score of 31/100 indicates significant work is needed, potentially deterring short-term renters who demand higher quality accommodations. Long-term rental With a fair value of €397,955 versus the listing price of €425,000, this property is also overpriced for long-term rental purposes, offering only a 4.4% gross yield which is modest for the market. While the neighborhood has decent amenities, the property’s low condition score places it at a disadvantage against better-maintained options available to renters. Buy-and-hold The property is priced at €425,000—over its fair value of €397,955—resulting in a 6.4% gap that undermines its potential as a solid buy-and-hold investment. Additionally, the lower condition score of 31/100 suggests that holding this asset could result in increased maintenance costs and depreciation compared to more competitively priced alternatives.
Moderate economic impact The property has a moderate economic stability score of 65 out of 100, suggesting potential vulnerability to economic fluctuations that could affect tenant reliability and rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
