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, 1-bathroom apartment of 90 m², energy rating C. Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. This property features a well-appointed terrace that enhances outdoor living, making it an exceptional choice for both relaxation and entertaining in the vibrant Alto de Santo António area.
The valuation. The asking price of €339,000 is significantly above the fair value of €266,804, resulting in an overvaluation of €72,196 (21.3%). This price suggests the property is overpriced in the current market conditions.
Fair value modelled at €266,804 from the area baseline, adjusted for condition and location. Asking €339,000 sits €72,196 (21.3%) above — overpriced versus fair value.
Asking €339,000 versus the Faro (Sé e São Pedro), Faro, Faro area baseline of €257,580 (€2,862/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 70 · Materials 75 · Room dimensions 74). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 61/100 (Housing Market 65 · Amenities 60 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Faro (Sé e São Pedro), Faro, Faro
Area baseline €257,580 + condition -€2,109 + location +€11,334 = modelled fair value of €266,804 (€2,964/m²), a €72,196 (21.3%) gap versus the €339,000 asking price.
Long-term rental The property is overpriced at €339,000, significantly exceeding its fair value of €266,804 by 21.3%. With a gross yield of 3.9%, investors may find it challenging to achieve robust rental returns given the inflated asking price. Short-term vacation rental Priced at €339,000, this apartment is overvalued against its fair value of €266,804, representing a 21.3% gap. Potential income from short-term rentals may not justify the high entry price, limiting profitability in a competitive tourism market. Family rental This three-bedroom apartment's listing price of €339,000 is above its fair value of €266,804, creating a 21.3% discrepancy that signals an overpriced asset. Given the condition rating of 74/100 and a neighbourhood score of 61/100, families may prefer alternatives offering better value for money.
Economic and Tenant Instability The property faces a significant risk due to both the economic stability and tenant stability scores being at 60/100, indicating potential fluctuations in rent collection and occupancy rates that may impact overall profitability.