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 122 m², built in 1984, energy rating F. Located on rua Luís de Camões, 8, Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Noteworthy Features: This apartment includes a spacious pantry, offering exceptional storage solutions, and is located within walking distance to popular local amenities including schools and parks.
The valuation. The asking price of €275,000 is significantly below the fair value of €328,242, representing a discount of €53,242 (19.4%). This property is subvalued compared to its market worth.
Fair value modelled at €328,242 from the area baseline, adjusted for condition and location. Asking €275,000 sits €53,242 (19.4%) below — the upside to fair value.
Asking €275,000 versus the rua Luís de Camões, 8 area baseline of €349,164 (€2,862/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 (Condition 55 · Materials 60 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 63/100 (Housing Market 70 · Amenities 60 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Luís de Camões, 8
Area baseline €349,164 + condition -€39,078 + location +€18,157 = modelled fair value of €328,242 (€2,691/m²), a €53,242 (19.4%) gap versus the €275,000 asking price.
Short-term vacation rental The 2-bed apartment in Faro presents an attractive opportunity for short-term vacation rentals, with a 4.4% gross yield and a price 19.4% below the fair value. The neighbourhood's score of 63/100 suggests that it offers adequate amenities and appeal for tourists, supporting consistent rental demand. Buy-and-hold This property’s fair value significantly surpasses its listing price, indicating a strong potential for appreciation in the long term, making it an ideal candidate for a buy-and-hold investment strategy. The combination of the Algarve's popularity as a tourist destination and a 4.4% yield reinforces the case for future capital growth and rental income stability. Family rental While this 2-bed apartment is priced attractively against its fair value, it is particularly well-suited for long-term family rental due to its size and location. The neighbourhood's decent score of 63/100 bodes well for families seeking reliable amenities and a conducive living environment.
Economic and Tenant Instability Risk: With both economic and tenant stability scores at 60/100, there is a significant risk that fluctuations in the local economy and potential turnover in tenants could impact rental income and property value adversely.
