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, 4-bathroom apartment of 158 m², energy rating D. Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Noteworthy Features: This apartment boasts an exceptional amount of natural light, and is strategically located near essential amenities, enhancing both comfort and convenience for residents.
The valuation. The asking price of €370,000 is significantly below its fair value of €453,430, creating a discrepancy of €83,430 (22.5%). This suggests the property is underpriced compared to its market potential.
Fair value modelled at €453,430 from the area baseline, adjusted for condition and location. Asking €370,000 sits €83,430 (22.5%) below — the upside to fair value.
Asking €370,000 versus the Faro (Sé e São Pedro), Faro, Faro area baseline of €452,196 (€2,862/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 78 · Materials 75 · Room dimensions 73). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 50/100 (Housing Market 50 · Amenities 50 · Economic 40 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Faro (Sé e São Pedro), Faro, Faro
Area baseline €452,196 + condition +€1,234 + location +€0 = modelled fair value of €453,430 (€2,870/m²), a €83,430 (22.5%) gap versus the €370,000 asking price.
Long-term rental Given the property’s listing price of €370,000, which is 22.5% below its fair value of €453,430, this apartment presents an attractive opportunity for long-term rental investment. With a gross yield of 5.3%, the potential for consistent rental income aligns well with market demands in Faro (Sé e São Pedro). Value-add renovation The current condition score of 76/100 indicates that while the apartment is mostly livable, there is room for improvement through strategic renovations. By capitalizing on the 22.5% gap to fair value, renovations could enhance both the living quality and market value, making this a worthwhile investment strategy. Family rental This 3-bedroom apartment is well-suited for family rentals, benefitting from a spacious 158m² layout. The competitive pricing at €370,000 makes it an appealing option for families looking for more room, further justifying the investment considering the neighborhood’s potential for growth, despite a middling score of 50/100.
Economic Instability Risk The low economic stability score of 40/100 indicates a high risk of economic downturns that could affect rental incomes and property values.