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.
3-bedroom, 3-bathroom house of 297 m², built in 2021, energy rating A. Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Unique Feature: This property includes a spacious urban retreat with a BBQ patio, perfect for outdoor leisure, along with a versatile lower-level space suitable for a gym or game room.
The valuation. The asking price of €920,000 sits €1,140 (0.1%) below the fair value of €921,140, indicating that this property is subpriced compared to its market worth. This presents a unique opportunity for discerning buyers.
Fair value modelled at €921,140 from the area baseline, adjusted for condition and location. Asking €920,000 sits €1,140 (0.1%) below — the upside to fair value.
Asking €920,000 versus the Faro (Sé e São Pedro), Faro, Faro area baseline of €965,547 (€3,251/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 (Condition 79 · Materials 88 · Room dimensions 82). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 60/100 (Housing Market 60 · Amenities 60 · Economic 50 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Faro (Sé e São Pedro), Faro, Faro
Area baseline €965,547 + condition +€37,125 + location +€34,001 = modelled fair value of €921,140 (€3,101/m²), a €1,140 (0.1%) gap versus the €920,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Faro (Sé e São Pedro) · f3632c | Subject | €920,000 | €3,098 | — | 79 | 60 |
| rua Veríssimo de Almeida | Active | €550,000 | €3,793 | 22.5% | 75 | 71 |
| urbanização de Gambelas S / N | Active | €852,500 | €2,842 | 8.3% | 74 | 64 |
| Faro (Sé e São Pedro) · 4a7e4f | Active | €360,000 | €2,118 | 31.6% | 72 | 65 |
| rua Professor Doutor Reis Cunha, 9 | Active | €849,950 | €2,599 | 16.1% | 90 | 71 |
| Median comp | €699,975 | €2,721 | 12.2% | 75 | 68 |
Long-term rental The property, with a gross yield of 4.1%, presents a stable investment opportunity for long-term rental in a tourist-influenced Algarve town. Given its fair value alignment and condition score of 84/100, the property stands out as a desirable option for renters, ensuring consistent cash flow. Short-term vacation rental The proximity to tourism amenities positions this 3-bed house as an attractive short-term vacation rental, leveraging the seasonal demand typical in Algarve. The slight gap from fair value at 0.1% indicates a strong potential for yielding positive returns during high-demand periods. Buy-and-hold Investing in this property as a buy-and-hold strategy aligns well due to its competitive yield and favorable location in a growing tourist market. The excellent condition score further supports the notion that this asset can appreciate over time, reinforcing its status as a solid long-term investment choice.
Economic instability risk The property's economic stability score of 50/100 suggests a significant risk of economic downturns, possibly impacting tenant demand and rental income.
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