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. Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. This property features a closed balcony with street access, providing unique versatility and potential for various uses, enhancing its appeal as a customizable urban residence.
The valuation. The asking price of €225,000 is 4.0% above the fair value of €216,027. This indicates that the property is overpriced, which may affect potential returns on investment.
Fair value modelled at €216,027 from the area baseline, adjusted for condition and location. Asking €225,000 sits €8,973 (4.0%) above — overpriced versus fair value.
Asking €225,000 versus the Faro (Sé e São Pedro), Faro, Faro area baseline of €258,480 (€3,231/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 50/100 (Condition 55 · Materials 50 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 70 · Economic 60 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Faro (Sé e São Pedro), Faro, Faro
Area baseline €258,480 + condition -€31,250 + location +€18,317 = modelled fair value of €216,027 (€2,700/m²), a €8,973 (4.0%) gap versus the €225,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Faro (Sé e São Pedro) · f35f92 | Subject | €225,000 | €2,813 | — | 55 | 70 |
| Faro (Sé e São Pedro) · 937435 | Active | €266,000 | €3,500 | 24.4% | 45 | 60 |
| Faro (Sé e São Pedro) · 95706e | Active | €269,000 | €3,363 | 19.6% | 37 | 73 |
| Faro (Sé e São Pedro) · 1e6017 | Active | €305,000 | €2,905 | 3.3% | 60 | 70 |
| Faro (Sé e São Pedro) · 25f629 | Active | €399,000 | €3,874 | 37.7% | 63 | 61 |
| Median comp | €287,000 | €3,432 | 22.0% | 53 | 66 |
Short-term vacation rental The property is overpriced at €225,000, with a fair value of only €216,027, indicating a 4.0% gap. While the 5.1% gross yield may suggest potential, the high price diminishes attractiveness in Algarve's seasonal market. Buy-and-hold At a listing price of €225,000, this investment does not align with the fair value of €216,027, resulting in an overpriced situation. The moderate condition rating of 50/100 further complicates prospects for long-term appreciation. Family rental The family rental strategy may seem appealing due to the location in Algarve, yet the property’s overpriced status at €225,000 limits investment appeal against its fair value of €216,027. Additionally, the neighbourhood's tenant quality and amenities suggest only moderate demand for family rentals in this area.
Economic Sensitivity The economic stability score of 60 suggests a vulnerability to market fluctuations that could impact tenant demand and rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Free — sign in to request
