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 74 m², energy rating C. Located on rua Doutor Arnaldo Cardoso Vilhena, 31, Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Noteworthy Features: The apartment boasts high-quality finishes and double-glazed windows that enhance thermal and acoustic insulation, ensuring comfort and efficiency throughout the year.
The valuation. The asking price of €299,000 is significantly above the fair value of €227,815, indicating an overpricing of €71,185 (23.8%). This discrepancy suggests that the property may not attract value-seeking investors.
Fair value modelled at €227,815 from the area baseline, adjusted for condition and location. Asking €299,000 sits €71,185 (23.8%) above — overpriced versus fair value.
Asking €299,000 versus the rua Doutor Arnaldo Cardoso Vilhena, 31 area baseline of €239,094 (€3,231/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 82 · Materials 88 · Room dimensions 84). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 58/100 (Housing Market 60 · Amenities 55 · Economic 50 · Tenant Quality 62). Strong amenities and housing-market momentum support a premium to baseline.
rua Doutor Arnaldo Cardoso Vilhena, 31
Area baseline €239,094 + condition +€9,250 + location +€6,777 = modelled fair value of €227,815 (€3,079/m²), a €71,185 (23.8%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Arnaldo Cardoso Vilhena, 31 | Subject | €299,000 | €4,041 | — | 82 | 58 |
| Faro (Sé e São Pedro) · 25f7bb | Active | €540,000 | €4,154 | 2.8% | 80 | 63 |
| rua Ataide de Oliveira | Active | €408,000 | €3,264 | 19.2% | 75 | 62 |
| Faro (Sé e São Pedro) · 25f545 | Active | €285,000 | €4,071 | 0.8% | 70 | 64 |
| rua Engenheiro José Campos Coroa | Active | €370,000 | €3,895 | 3.6% | 78 | 66 |
| Median comp | €389,000 | €3,983 | 1.4% | 77 | 64 |
Short-term vacation rental Given the property is overpriced at €299,000, the potential yield of 3.7% is not attractive for short-term vacation rentals in the rural area of Algarve, especially when fair value is assessed at €227,815. The limited local amenities and the neighborhood rating of 58/100 further diminish its appeal for vacation rental activities. Long-term rental The 2-bed apartment's pricing at €299,000 is significantly above its fair value of €227,815, resulting in a less favorable gross yield of 3.7% for long-term rental strategies. With a neighborhood rating of 58/100, the property faces challenges in attracting and retaining tenants, making it less viable for long-term rental investments. Buy-and-hold Investing in this property at the current listing price of €299,000, which is 23.8% above its fair value of €227,815, is unlikely to yield satisfactory returns over time, given the gross yield of only 3.7%. The combination of an 85/100 condition rating and the relatively low neighborhood score of 58/100 creates uncertainty for long-term appreciation in the buy-and-hold strategy.
Economic Fragility The low economic stability score of 50/100 indicates potential vulnerabilities in the local market that could affect rental income and property value.
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