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 70 m². Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Noteworthy Features: This apartment boasts large windows that not only enhance natural light but also provide unobstructed views of the cityscape, enhancing the urban living experience.
The valuation. The asking price of €285,000 is significantly above the fair value of €205,543, representing an overpricing of €79,457 (27.9%). This valuation indicates that the property may not be a sound investment at its current price. Buy-to-flip angle. Given the high valuation, a buy-to-flip strategy may prove challenging; substantial renovations would be necessary to achieve profitability upon resale. Quick updates to modernize finishes could attract buyers, but market conditions must be favorable. Buy-to-let angle. With an estimated gross yield of 4.3%, or approximately €1,021 per month, the property can still provide a reasonable return through long-term rentals. However, the high purchase price limits overall investment potential and profitability.
Fair value modelled at €205,543 from the area baseline, adjusted for condition and location. Asking €285,000 sits €79,457 (27.9%) above — overpriced versus fair value.
Asking €285,000 versus the Faro (Sé e São Pedro), Faro, Faro area baseline of €200,340 (€2,862/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 70 · Materials 68 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 64/100 (Housing Market 70 · Amenities 60 · Economic 60 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Faro (Sé e São Pedro), Faro, Faro
Area baseline €200,340 + condition -€6,016 + location +€11,219 = modelled fair value of €205,543 (€2,936/m²), a €79,457 (27.9%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Faro (Sé e São Pedro) · 25f545 | Subject | €285,000 | €4,071 | — | 70 | 64 |
| Faro (Sé e São Pedro) · 1e6017 | Active | €305,000 | €2,905 | 28.7% | 60 | 70 |
| rua Ataide de Oliveira | Active | €408,000 | €3,264 | 19.8% | 75 | 62 |
| rua José Rosário da Silva, 36 | Active | €339,000 | €3,767 | 7.5% | 73 | 64 |
| Faro (Sé e São Pedro) · 4bbc2f | Active | €339,000 | €3,767 | 7.5% | 70 | 61 |
| Median comp | €339,000 | €3,516 | 13.7% | 72 | 63 |
Short-term vacation rental The property’s fair value significantly undercuts its listing price, resulting in a 27.9% gap that suggests it is overpriced for the short-term vacation rental market. With a yield of 4.3%, investors may struggle to justify the high entry price against more competitive options. Long-term rental While the neighborhood has a decent living score of 64/100, the property remains overpriced, making it less attractive for long-term rental strategies. The gross yield of 4.3% does not adequately compensate for the 27.9% gap from its fair value. Buy-and-hold The current pricing, set at €285,000, places this property in an overpriced category for buy-and-hold investors. Given the condition score of 70/100 and the fair value of €205,543, long-term appreciation potential is unlikely to offset the entry price premium.
Economic Vulnerability The property is at risk due to a moderate economic stability score of 60/100, which suggests potential fluctuations in local economic conditions that could impact tenant retention and rent levels.
