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, 1-bathroom apartment of 80 m², energy rating B. Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. This property features an unusually accessible enclosed balcony directly adjacent to the street, enhancing its potential for diverse use or customization opportunities.
The valuation. The asking price of €225,000 sits slightly below the fair value of €234,399, indicating a difference of €9,399 (4.2%). This property can be considered an attractive acquisition based on its pricing strategy.
Fair value modelled at €234,399 from the area baseline, adjusted for condition and location. Asking €225,000 sits €9,399 (4.2%) below — the upside to fair value.
Asking €225,000 versus the Faro (Sé e São Pedro), Faro, Faro area baseline of €228,960 (€2,862/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 (Condition 60 · Materials 65 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 70 · Amenities 80 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Faro (Sé e São Pedro), Faro, Faro
Area baseline €228,960 + condition -€15,625 + location +€21,064 = modelled fair value of €234,399 (€2,930/m²), a €9,399 (4.2%) gap versus the €225,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Faro (Sé e São Pedro) · f35ef9 | Subject | €225,000 | €2,813 | — | 60 | 73 |
| Faro (Sé e São Pedro) · f35f92 | Active | €225,000 | €2,813 | 0% | 55 | 70 |
| Faro (Sé e São Pedro) · 25f545 | Active | €285,000 | €4,071 | 44.8% | 70 | 64 |
| Faro (Sé e São Pedro) · 1e6017 | Active | €305,000 | €2,905 | 3.3% | 60 | 70 |
| travessa da Mota | Active | €530,000 | €2,208 | 21.5% | 75 | 70 |
| Median comp | €295,000 | €2,859 | 1.7% | 65 | 70 |
Short-term vacation rental The property is strategically located near Algarve's tourist hubs, making it an appealing option for short-term vacation rentals. With a gross yield of 4.7%, the property shows potential for attractive returns as demand for accommodation consistently rises in this coastal area. Long-term rental The property's competitive fair value of €234,399, only slightly above the listing price, positions it well for long-term tenancy opportunities. Given the area's low crime rate and good tenant quality, this location promises stability and demand for long-term rentals. Family rental With a favourable neighbourhood rating of 73/100 and ample amenities nearby, this two-bedroom apartment is a strong candidate for family rentals. While the property is reasonably priced, the local market dynamics support steady demand from families looking for spacious living options in a safe environment.
Economic Volatility Risk The economic stability score of 60/100 indicates a moderate risk that economic fluctuations could adversely impact rental income.
