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, 2-bathroom apartment of 135 m², energy rating D. Located on avenida Doctor Gordinho Moreira, 6, Faro (Sé e São Pedro) parish, Faro municipality, Faro district. This apartment boasts a private balcony with scenic views of the surrounding area, enhancing outdoor living space and offering a relaxing retreat in the heart of Faro.
The valuation. The asking price of €367,000 is positioned below its fair value of €390,783, presenting an attractive opportunity for investors as it’s discounted by €23,783 (6.5%). This makes the property a competitive option in the current real estate market.
Fair value modelled at €390,783 from the area baseline, adjusted for condition and location. Asking €367,000 sits €23,783 (6.5%) below — the upside to fair value.
Asking €367,000 versus the avenida Doctor Gordinho Moreira, 6 area baseline of €386,370 (€2,862/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 70 · Materials 65 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 62/100 (Housing Market 70 · Amenities 60 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
avenida Doctor Gordinho Moreira, 6
Area baseline €386,370 + condition -€14,133 + location +€18,546 = modelled fair value of €390,783 (€2,895/m²), a €23,783 (6.5%) gap versus the €367,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Doctor Gordinho Moreira, 6 | Subject | €367,000 | €2,719 | — | 70 | 62 |
| urbanização Alto Rodes Alto Rodes | Active | €357,000 | €2,811 | 3.4% | 75 | 63 |
| Faro (Sé e São Pedro) · 6d5230 | Active | €675,000 | €3,261 | 20.0% | 70 | 63 |
| Faro (Sé e São Pedro) · 0dd008 | Active | €295,000 | €2,837 | 4.3% | 72 | 58 |
| travessa da Mota | Active | €530,000 | €2,208 | 18.8% | 75 | 70 |
| Median comp | €443,500 | €2,824 | 3.9% | 74 | 63 |
Short-term vacation rental This property is well-positioned for short-term vacation rentals, capitalizing on the Algarve's tourism with a gross yield of 5.8%. Given the property's price of €367,000 compared to its fair value of €390,783, it presents an attractive opportunity for investors seeking to enter this booming market. Buy-and-hold With a fair value 6.5% higher than the current listing price, this property represents a solid buy-and-hold option in a desirable location. The stable yield and low crime rates in the area suggest potential for long-term appreciation and reliable rental income. Value-add renovation The property features a condition score of 68/100, indicating room for improvement that can enhance its value significantly. By investing in renovations, an investor could increase both the rental income and property value, making the current pricing even more favorable relative to the potential post-renovation fair value. Not ideal for student housing The average school quality in the area suggests that this property is not suitable for the student housing market. Prospective tenants may be deterred by the educational options and potentially lower quality of life for students. Not ideal for luxury market The overall neighborhood rating of 62/100 indicates that this property does not cater to the luxury market. The characteristics of the area, while appealing to tourists, may not align with the expectations of high-end buyers or renters. Not ideal for long-term rental The current metrics suggest this apartment is not optimal for long-term rentals, particularly given its positioning in the vacation rental sphere. The fluctuating demand may not provide consistent income as compared to alternatives in more residentially focused neighborhoods.
Economic Vulnerability The property faces a risk of declining income stability due to an economic stability score of 55/100, indicating potential fluctuations in tenant demand and rental rates.
