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 180 m², energy rating F. Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. This apartment features a completely private terrace, offering exclusive outdoor space for relaxation and entertainment.
The valuation. The asking price of €325,000 is significantly below the fair value of €561,636, offering an opportunity for investors at €236,636 (72.8%) less than market expectations. The property is clearly underpriced.
Fair value modelled at €561,636 from the area baseline, adjusted for condition and location. Asking €325,000 sits €236,636 (72.8%) below — the upside to fair value.
Asking €325,000 versus the Faro (Sé e São Pedro), Faro, Faro area baseline of €585,180 (€3,251/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 80 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 63/100 (Housing Market 60 · Amenities 65 · Economic 55 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Faro (Sé e São Pedro), Faro, Faro
Area baseline €585,180 + condition +€19,688 + location +€26,788 = modelled fair value of €561,636 (€3,120/m²), a €236,636 (72.8%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Faro (Sé e São Pedro) · 4a819b | Subject | €325,000 | €1,806 | — | 80 | 63 |
| Faro (Sé e São Pedro) · dbd479 | Active | €289,000 | €2,604 | 44.2% | 70 | 57 |
| Faro (Sé e São Pedro) · 0dd008 | Active | €295,000 | €2,837 | 57.1% | 72 | 58 |
| urbanização Alto Rodes Alto Rodes | Active | €357,000 | €2,811 | 55.7% | 75 | 63 |
| rua Luís de Camões, 8 | Active | €275,000 | €2,254 | 24.8% | 55 | 63 |
| Median comp | €292,000 | €2,708 | 50.0% | 71 | 61 |
Short-term vacation rental With a gross yield of 6% and a substantial gap of 72.8% relative to its fair value, this 2-bed apartment in Faro presents an attractive opportunity for short-term vacation rentals, capitalizing on the area's tourism-driven demand. The decent condition rating of 82/100 further supports its potential for generating consistent rental income. Buy-and-hold Given the significant disparity between the listing price of €325,000 and the fair value of €561,636, this property offers a compelling buy-and-hold strategy for long-term capital appreciation in a tourism-focused market. Its reasonable condition and neighbourhood ratings enhance its viability as a reliable asset over time. Value-add renovation A value-add renovation could unlock even more potential in this property, as the current listing price provides a unique entry point below its fair market value. By improving the apartment's condition and possibly enhancing amenities, investors could significantly increase both rental income and property value, positioning it favorably in Faro's growing real estate landscape.
Moderate Economic Risk The economic stability score of 55/100 suggests potential volatility in the local market, which could impact rental income and property value.
