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, 1-bathroom apartment of 82 m², built in 1995. Located on rua Ataide de Oliveira, Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Note: The apartment features a fantastic balcony equipped with a barbecue and dedicated dining area, perfect for enjoying outdoor meals in the pleasant Algarvian climate.
The valuation. The asking price of €408,000 is significantly above the fair value of €247,999, indicating a discrepancy of €160,001 (39.2%). Verdict: overpriced.
Fair value modelled at €247,999 from the area baseline, adjusted for condition and location. Asking €408,000 sits €160,001 (39.2%) above — overpriced versus fair value.
Asking €408,000 versus the rua Ataide de Oliveira area baseline of €264,942 (€3,231/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 73 · Materials 78 · Room dimensions 77). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 62/100 (Housing Market 70 · Amenities 65 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Ataide de Oliveira
Area baseline €264,942 + condition +€2,050 + location +€11,265 = modelled fair value of €247,999 (€3,024/m²), a €160,001 (39.2%) gap versus the €408,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Ataide de Oliveira | Subject | €408,000 | €4,976 | — | 73 | 62 |
| avenida 5 de Outubro S / N | Active | €280,000 | €4,516 | 9.2% | 80 | 53 |
| avenida 5 de Outubro | Active | €280,000 | €5,600 | 12.5% | 75 | 73 |
| rua Ataide de Oliveira | Active | €408,000 | €3,264 | 34.4% | 75 | 62 |
| avenida 5 de Outubro | Active | €280,000 | €5,283 | 6.2% | 78 | 61 |
| Median comp | €280,000 | €4,900 | 1.5% | 77 | 62 |
Short-term vacation rental The current listing price of €408,000 exceeds the fair value of €247,999 by a significant 39.2%, suggesting that the property is overpriced for a short-term vacation rental investment. The 2.8% gross yield coupled with moderate neighborhood ratings diminishes the potential return on this strategy. Buy-and-hold Investing in this property as a buy-and-hold asset becomes challenging given its pricing at €408,000, which is substantially above the fair value of €247,999, indicating it is overpriced. The stagnant yield of 2.8% combined with a neighborhood quality rating of 62/100 raises concerns about long-term profitability. Family rental Acquiring this property for family rental purposes is not advisable, as its listed price of €408,000 far exceeds the fair value of €247,999, marking it as overpriced. The low yield of 2.8% further suggests that the investment may struggle to generate satisfactory cash flow.
Economic Vulnerability The economic stability score of 55/100 suggests a potential risk of economic downturns affecting tenant demand and rental income stability. Tenancy Risk With a tenant stability score of 60/100, there may be a higher likelihood of tenant turnover, which can lead to increased vacancies and lost revenue.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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