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.
0-bedroom, 0-bathroom mix_use_building of 489 m², energy rating C. Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. This property offers additional income potential with three rented one-bedroom apartments and a centrally located commercial space, ensuring strong rental yield in a desirable area.
The valuation. The asking price of €1,290,000 is below the fair value of €1,491,924 by €201,924 (15.7%). This indicates the property is underpriced and represents a potential investment opportunity.
Fair value modelled at €1,491,924 from the area baseline, adjusted for condition and location. Asking €1,290,000 sits €201,924 (15.7%) below — the upside to fair value.
Asking €1,290,000 versus the Faro (Sé e São Pedro), Faro, Faro area baseline of €1,399,518 (€2,862/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 78 · Materials 82 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 59/100 (Housing Market 60 · Amenities 55 · 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 €1,399,518 + condition +€42,023 + location +€50,383 = modelled fair value of €1,491,924 (€3,051/m²), a €201,924 (15.7%) gap versus the €1,290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Faro (Sé e São Pedro) · 8d9fcc | Subject | €1,290,000 | €2,638 | — | 78 | 59 |
| rua do Compromisso | Active | €350,000 | €933 | 64.6% | — | 73 |
| rua Doctor Guilherme Centazzi | Active | €348,000 | €3,164 | 19.9% | 74 | 63 |
| Faro (Sé e São Pedro) · 25f7bb | Active | €540,000 | €4,154 | 57.5% | 80 | 63 |
| rua Doutor Arnaldo Cardoso Vilhena, 31 | Active | €299,000 | €4,041 | 53.2% | 82 | 58 |
| Median comp | €349,000 | €3,603 | 36.6% | 80 | 63 |
Long-term rental This property presents a unique opportunity for long-term rental investment, given its fair value exceeds the listing price by 15.7%. With a solid condition score of 81/100, it ensures reliability for potential tenants in the growing Faro market. Buy-and-hold Investing in this mix-use building can serve as a stable asset, as it is valued below the market's fair price. The demand for rental properties in this area of Faro suggests that holding onto this asset will likely yield beneficial returns in the future. Short-term vacation rental Given Faro's tourism-focused location within the Algarve region, this property is well-suited for short-term vacation rentals, tapping into the consistent tourist demand. With a price that is 15.7% below fair value, this investment allows for relatively quick returns as the area benefits from seasonal influxes of visitors.
Economic vulnerability The economic stability score of 55/100 indicates a potential risk of downturns affecting property value and tenant demand, while a tenant stability score of 60/100 suggests moderate tenant retention stability that may be impacted during economic fluctuations.
