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 house of 101 m², built in 2021, energy rating D. Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. This property features a generous outdoor space of 1866 m², perfect for gardening and leisure activities, while the automatic gate offers added security and convenience.
The valuation. The asking price of €595,000 exceeds the fair value of €303,410 by €291,590, marking a staggering 49.0% overpricing. This disconnection suggests the property may not provide a worthwhile investment opportunity.
Fair value modelled at €303,410 from the area baseline, adjusted for condition and location. Asking €595,000 sits €291,590 (49.0%) above — overpriced versus fair value.
Asking €595,000 versus the Faro (Sé e São Pedro), Faro, Faro area baseline of €289,062 (€2,862/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 78 · Materials 80 · Room dimensions 72). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 62/100 (Housing Market 60 · Amenities 65 · Economic 50 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Faro (Sé e São Pedro), Faro, Faro
Area baseline €289,062 + condition +€473 + location +€13,875 = modelled fair value of €303,410 (€3,004/m²), a €291,590 (49.0%) gap versus the €595,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Faro (Sé e São Pedro) · 0902d9 | Subject | €595,000 | €5,891 | — | 78 | 62 |
| Faro (Sé e São Pedro) · 6fbb6b | Active | €595,000 | €7,933 | 34.7% | 76 | 64 |
| Faro (Sé e São Pedro) · 001a66 | Active | €350,000 | €4,861 | 17.5% | 70 | 63 |
| Conceição e Estoi · ba58f5 | Active | €655,000 | €3,541 | 39.9% | 70 | 60 |
| estrada nacional 125. | Active | €570,000 | €2,727 | 53.7% | 65 | 72 |
| Median comp | €582,500 | €4,201 | 28.7% | 70 | 64 |
Short-term vacation rental This property's current listing price of €595,000 is significantly above the fair value of €303,410, presenting a concerning 49.0% gap. With a gross yield of 0%, the return potential from a short-term vacation rental strategy is severely hampered, making it an unfavorable investment. Long-term rental Given the €595,000 listing price against the €303,410 fair value, this property is priced 49.0% above what would be considered reasonable, diminishing its appeal for long-term rental strategies. The absence of yield at this price further complicates any potential for generating reliable rental income over time. Buy-and-hold The price of €595,000 exceeds the fair value of €303,410 by 49.0%, suggesting that this buy-and-hold strategy would encounter difficulties in justification based on current valuation metrics. Coupled with a low gross yield, this property may fail to appreciate adequately, reducing the overall investment rationale over time.
Economic Risk The economic stability score of 50/100 indicates potential challenges in maintaining consistent rental income due to broader economic volatility.