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, 2-bathroom apartment of 95 m², built in 1987, energy rating C. Located on rua Engenheiro José Campos Coroa, Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Noteworthy Features: The apartment boasts a spacious balcony with marquise offering unobstructed panoramic views of the Ria Formosa, providing a unique outdoor relaxation space in an urban setting.
The valuation. The asking price of €370,000 is significantly above the fair value of €301,166, indicating an overvaluation by €68,834 (18.6%). This suggests that potential investors may want to proceed with caution.
Fair value modelled at €301,166 from the area baseline, adjusted for condition and location. Asking €370,000 sits €68,834 (18.6%) above — overpriced versus fair value.
Asking €370,000 versus the rua Engenheiro José Campos Coroa area baseline of €271,890 (€2,862/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 (Condition 78 · Materials 89 · Room dimensions 85). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 66/100 (Housing Market 75 · Amenities 70 · Economic 60 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Engenheiro José Campos Coroa
Area baseline €271,890 + condition +€11,875 + location +€17,401 = modelled fair value of €301,166 (€3,170/m²), a €68,834 (18.6%) gap versus the €370,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Engenheiro José Campos Coroa | Subject | €370,000 | €3,895 | — | 78 | 66 |
| rua Doutor Olímpio Passos Valente, 13 | Active | €472,000 | €3,933 | 1.0% | 74 | 68 |
| rua Ataide de Oliveira | Active | €408,000 | €3,264 | 16.2% | 75 | 62 |
| rua Doutor Arnaldo Cardoso Vilhena, 31 | Active | €299,000 | €4,041 | 3.7% | 82 | 58 |
| Faro (Sé e São Pedro) · 6fbc58 | Active | €615,000 | €2,929 | 24.8% | 80 | 66 |
| Median comp | €440,000 | €3,599 | 7.6% | 78 | 64 |
Short-term vacation rental This property is overpriced compared to its fair value, resulting in a potential yield of only 3.3%, which may not justify the investment. Given its location in a popular tourist region, the reliance on seasonal tourism could lead to variable occupancy rates and financial instability. Long-term rental With a fair value gap of 18.6%, this property is overpriced and may not generate adequate returns for long-term investments. The area’s neighbourhood rating of 66/100 suggests that while amenities are present, overall tenant demand may not be strong enough to sustain consistent occupancy and rental income. Family rental At a purchase price of €370,000, this apartment is overpriced and poses risks for family rental; the gross yield of 3.3% is not compelling for long-term stability. Moreover, the neighbourhood’s economic and housing conditions suggest limited appeal for families seeking durable and suitable living options. Not ideal for The property is not suitable for student housing due to its overpriced valuation and the resultant lack of yield efficiency. Additionally, the apartment does not cater to the luxury market, where higher standards and more investment-targeted properties are typically required. Buy-and-hold This investment strategy is unwise considering the 18.6% gap from fair value, signaling that the property is overpriced. Potential buyers should reconsider, as the projected return does not align with typical buy-and-hold metrics in this neighbourhood.
Economic Vulnerability The property faces a risk due to an economic stability score of 60/100, indicating potential susceptibility to market fluctuations or economic downturns. Tenant Uncertainty With a tenant stability score of 65/100, the property may experience challenges in retaining tenants, leading to potential vacancies and reduced rental income.
