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 81 m², built in 1988. Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Unique feature: This mixed-use building offers the rare advantage of a private terrace, an exceptional attribute for urban properties in Faro's historic center that enhances its investment appeal.
The valuation. The asking price of €549,000 significantly exceeds the fair value of €161,361, making it overpriced by €387,639 (70.6%). This disparity indicates a lack of financial rationale for potential investors.
Fair value modelled at €161,361 from the area baseline, adjusted for condition and location. Asking €549,000 sits €387,639 (70.6%) above — overpriced versus fair value.
Asking €549,000 versus the Faro (Sé e São Pedro), Faro, Faro area baseline of €231,822 (€2,862/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 12/100 (Condition 10 · Materials 15 · Room dimensions 20). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 60/100 (Housing Market 70 · Amenities 65 · Economic 55 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Faro (Sé e São Pedro), Faro, Faro
Area baseline €231,822 + condition -€79,734 + location +€9,273 = modelled fair value of €161,361 (€1,992/m²), a €387,639 (70.6%) gap versus the €549,000 asking price.
Short-term vacation rental The property is overpriced at €549,000, with a fair value of only €161,361, leading to a considerable 70.6% gap. Additionally, the current condition rating of 12/100 makes it unfit for short-term vacation rentals, which typically demand excellent presentation and amenities. Long-term rental With a gross yield of 0% and a fair value far below the listing price, the investment potential for long-term rental is severely diminished. The neighborhood quality of 60/100 suggests moderate tenant attraction, but the high initial investment makes this a less appealing strategy. Buy-and-hold Investing in this property as a buy-and-hold strategy is unwise given its overpriced listing and condition rating of 12/100. The significant gap to fair value indicates that the property would likely not appreciate adequately, negating any long-term benefits of holding it in a marginal market.
Economic and Tenant Risk The property has an economic stability score of 55/100 and a tenant stability score of 55/100, indicating a potential for higher volatility in rental income and tenant turnover.