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.
4-bedroom, 2-bathroom house of 176 m², built in 1960, energy rating C. Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Noteworthy Features: The property has two private gardens totaling 120 m2, and the ground floor currently generates rental income from long-term tenants, enhancing its investment appeal.
The valuation. The asking price of €426,000 sits €35,985 (8.4%) below the fair value of €461,985, indicating that this property is underpriced and presents a potential opportunity for savvy investors.
Fair value modelled at €461,985 from the area baseline, adjusted for condition and location. Asking €426,000 sits €35,985 (8.4%) below — the upside to fair value.
Asking €426,000 versus the Faro (Sé e São Pedro), Faro, Faro area baseline of €503,712 (€2,862/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 53/100 (Condition 54 · Materials 55 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 60/100 (Housing Market 60 · Amenities 65 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Faro (Sé e São Pedro), Faro, Faro
Area baseline €503,712 + condition -€61,875 + location +€20,148 = modelled fair value of €461,985 (€2,625/m²), a €35,985 (8.4%) gap versus the €426,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Faro (Sé e São Pedro) · cfdf21 | Subject | €426,000 | €2,420 | — | 54 | 60 |
| rua do Trem, 13 | Active | €850,000 | €2,833 | 17.1% | 70 | 70 |
| Faro (Sé e São Pedro) · 4a81cc | Active | €230,000 | €3,433 | 41.8% | 62 | 60 |
| rua Doutor José Domingos Garcia Domingues | Active | €375,000 | €2,641 | 9.1% | 70 | 64 |
| estrada nacional 125. | Active | €570,000 | €2,727 | 12.7% | 65 | 72 |
| Median comp | €472,500 | €2,780 | 14.9% | 68 | 67 |
Long-term rental The property, with a fair value of €461,985, is presently listed at €426,000, indicating it is subvalued by 8.4%. Given the 3.4% gross yield and a decent condition score of 53/100, it presents a stable investment opportunity in a neighborhood that benefits from low crime rates and a tourism-driven economy. Short-term vacation rental With its favorable listing price compared to fair value, this property lends itself well to a short-term vacation rental strategy, capitalizing on the Algarve's tourism-driven economy. The combination of a reasonable gross yield and a decent neighborhood score suggests it could cater well to tourists seeking comfortable accommodations. Buy-and-hold Positioned below fair value, this property is ideal for a buy-and-hold strategy, offering both potential appreciation over time and stable rental income. The blend of reasonable yield and favorable conditions highlights its position in a market driven by tourism, ensuring long-term viability and return on investment.
Moderate Economic Risk The property's economic stability score of 55/100 indicates a moderate risk due to potential fluctuations in local economic conditions which may affect tenant demand and rental income. Moderado Risco Económico O score de estabilidade económica da propriedade de 55/100 indica um risco moderado devido a potenciais flutuações nas condições económicas locais que podem afetar a procura de inquilinos e a renda de aluguer.
