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 €510,498 (€3,231/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.
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.
Faro (Sé e São Pedro), Faro, Faro
Area baseline €510,498 + 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.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Faro (Sé e São Pedro) · ba3da2 | Subject | €370,000 | €2,342 | — | 78 | 50 |
| urbanização Alto Rodes Alto Rodes | Active | €357,000 | €2,811 | 20.0% | 75 | 63 |
| Faro (Sé e São Pedro) · 0dd008 | Active | €295,000 | €2,837 | 21.1% | 72 | 58 |
| travessa da Mota | Active | €530,000 | €2,208 | 5.7% | 75 | 70 |
| avenida Doctor Gordinho Moreira, 6 | Active | €367,000 | €2,719 | 16.1% | 70 | 62 |
| Median comp | €362,000 | €2,765 | 18.1% | 74 | 63 |
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.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
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.
Log in to buy the report or use a credit
