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, 2-bathroom apartment of 53 m², built in 1998, energy rating C. Located on avenida Calouste Gulbenkian, Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Opportunity: This property features two independent studios with fully equipped kitchenettes, offering immediate rental income potential in a highly desirable location on Avenida Calouste Gulbenkian.
The valuation. The asking price of €237,500 is notably above the fair value of €150,992, representing an excess of €86,508 (36.4%), indicating that this property is overpriced. Buy-to-flip angle. A buy-and-flip strategy would require substantial renovations to justify any markup, but current conditions may not support a profitable resale within a reasonable timeframe. Buy-to-let angle. A buy-and-hold approach could yield an estimated rental income of €970/month, resulting in a gross yield of 4.9%, appealing for long-term investment despite the current asking price.
Fair value modelled at €150,992 from the area baseline, adjusted for condition and location. Asking €237,500 sits €86,508 (36.4%) above — overpriced versus fair value.
Asking €237,500 versus the avenida Calouste Gulbenkian area baseline of €151,686 (€2,862/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 72 · Materials 70 · Room dimensions 66). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 58/100 (Housing Market 60 · Amenities 60 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
avenida Calouste Gulbenkian
Area baseline €151,686 + condition -€5,548 + location +€4,854 = modelled fair value of €150,992 (€2,849/m²), a €86,508 (36.4%) gap versus the €237,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Calouste Gulbenkian | Subject | €237,500 | €4,481 | — | 72 | 58 |
| Faro (Sé e São Pedro) · 956cc7 | Active | €390,000 | €4,815 | 7.4% | 67 | 59 |
| rua Ataide de Oliveira | Active | €408,000 | €4,976 | 11.0% | 73 | 62 |
| avenida 5 de Outubro | Active | €280,000 | €5,600 | 25.0% | 75 | 73 |
| Faro (Sé e São Pedro) · 25f545 | Active | €285,000 | €4,071 | 9.1% | 70 | 64 |
| Median comp | €337,500 | €4,896 | 9.2% | 72 | 63 |
Short-term vacation rental This property, being priced at €237,500, significantly exceeds the fair value of €150,992, indicating it is overpriced. While it offers a gross yield of 4.9%, the elevated cost detracts from the potential profitability in a competitive vacation rental market. Family rental With a fair value gap of 36.4%, the 2-bed apartment's asking price suggests it is overpriced for a family rental strategy. Despite a satisfactory condition rating of 68/100, the high initial investment may limit the return on the family rental market. Buy-and-hold The property is priced above its fair value, leading to doubts about its long-term appreciation potential. Although it may yield 4.9% gross, the substantial overpricing can impede the effectiveness of a buy-and-hold investment strategy.
Economic Vulnerability The economic stability score of 50/100 indicates a significant risk of economic downturns affecting property values and rental income.
