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 €228,960 (€2,862/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 €228,960 + 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.
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.
