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 70 m², energy rating F. Located on urbanização Vale da Amoreira Penha, Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Unique Feature: The property benefits from an abundance of natural light, enhancing the spacious feel of its well-maintained living area despite minimal decor. Unique Feature: A abundância de luz natural aumenta a sensação de espaço na área de estar bem mantida, apesar da decoração mínima.
The valuation. The asking price of €230,000 is €21,977 (9.6%) above the fair value of €208,023, rendering this property overpriced in the current market context.
Fair value modelled at €208,023 from the area baseline, adjusted for condition and location. Asking €230,000 sits €21,977 (9.6%) above — overpriced versus fair value.
Asking €230,000 versus the urbanização Vale da Amoreira Penha area baseline of €200,340 (€2,862/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 70 · Materials 75 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 63/100 (Housing Market 70 · Amenities 60 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
urbanização Vale da Amoreira Penha
Area baseline €200,340 + condition -€2,734 + location +€10,418 = modelled fair value of €208,023 (€2,972/m²), a €21,977 (9.6%) gap versus the €230,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| urbanização Vale da Amoreira Penha | Subject | €230,000 | €3,286 | — | 70 | 63 |
| rua do Alportel, 65 | Active | €325,000 | €3,457 | 5.2% | — | 58 |
| Faro (Sé e São Pedro) · dbd479 | Active | €289,000 | €2,604 | 20.8% | 70 | 57 |
| avenida 5 de Outubro | Active | €280,000 | €5,283 | 60.8% | 78 | 61 |
| estrada Loulé | Active | €399,000 | €3,874 | 17.9% | 63 | 74 |
| Median comp | €307,000 | €3,666 | 11.6% | 70 | 60 |
Long-term rental The gross yield of 4.2% may appear attractive initially; however, the property is overpriced at €230,000 compared to the fair value of €208,023, indicating limited upside potential. Additionally, the neighborhood rating of 63/100 suggests that tenant quality may not be as robust, raising concerns about rental demand sustainability. Short-term vacation rental With a high tourism influence in the Algarve region, short-term rentals could seem appealing yet the current price of €230,000 is above fair market value by 9.6%. This overpricing can hinder profitability, as the expected returns may not justify the investment relative to the fair value of €208,023. Buy-and-hold The property’s potential for long-term appreciation in a desirable location is impacted negatively by its current overvaluation of €230,000, exceeding the fair value of €208,023. A buy-and-hold strategy may yield disappointing performance due to the inflated entry price and a lack of substantial value creation in the neighborhood with a score of only 63/100.
Economic Vulnerability With an economic stability score of 55/100, the property may face financial challenges that could impact rental income and property value.
