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.
1-bedroom, 1-bathroom apartment of 51 m², energy rating D. Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Noteworthy Features: This apartment boasts a high floor location offering unobstructed city views and is situated just minutes from Faro's vibrant downtown and marina, enhancing its investment appeal.
The valuation. The asking price of €285,000 is significantly above the fair value of €136,048, representing an overpriced status of €148,952 (52.3%). This indicates limited investment appeal, as the property does not offer a competitive price relative to its true market value.
Fair value modelled at €136,048 from the area baseline, adjusted for condition and location. Asking €285,000 sits €148,952 (52.3%) above — overpriced versus fair value.
Asking €285,000 versus the Faro (Sé e São Pedro), Faro, Faro area baseline of €145,962 (€2,862/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 (Condition 60 · Materials 55 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 61/100 (Housing Market 70 · Amenities 60 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Faro (Sé e São Pedro), Faro, Faro
Area baseline €145,962 + condition -€16,336 + location +€6,422 = modelled fair value of €136,048 (€2,668/m²), a €148,952 (52.3%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Faro (Sé e São Pedro) · 6d54b2 | Subject | €285,000 | €5,588 | — | 60 | 61 |
| Faro (Sé e São Pedro) · 25f629 | Active | €399,000 | €3,874 | 30.7% | 63 | 61 |
| Faro (Sé e São Pedro) · 1e6017 | Active | €305,000 | €2,905 | 48.0% | 60 | 70 |
| estrada Loulé | Active | €399,000 | €3,874 | 30.7% | 63 | 74 |
| Faro (Sé e São Pedro) · 956cc7 | Active | €390,000 | €4,815 | 13.8% | 67 | 59 |
| Median comp | €394,500 | €3,874 | 30.7% | 63 | 66 |
Short-term vacation rental The €285,000 asking price for this 1-bed apartment in Faro is considerably above its fair value of €136,048, resulting in a 52.3% gap that indicates it is overpriced. With a gross yield of 4.1% and a neighborhood score of 61/100, the potential return on investment in the short-term rental market may not justify the elevated purchase price. Buy-and-hold Given the significant price gap, this property is overpriced at €285,000 compared to the fair value of €136,048, suggesting limited upside potential for long-term appreciation. The 55/100 condition rating and 4.1% yield do not favor the buy-and-hold strategy, particularly in a seasonal economy like Algarve’s. Long-term rental At €285,000, the property is overpriced relative to its fair value of €136,048, which could hinder rental demand and profitability in a long-term lease scenario. The 4.1% yield and 61/100 neighborhood rating further indicate that potential rental income may not cover the elevated acquisition cost effectively.
Economic Volatility Risk The economic stability score of 50 indicates a higher likelihood of market fluctuations, which can negatively impact rental income and property value. The tenant stability score of 60 suggests there is moderate tenant reliability, but the combined scores indicate a potential risk of increased vacancy rates or tenant turnover.
