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, 2-bathroom house of 95 m², built in 1977, energy rating E. Located on rua de Santo António, Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Distinctive Feature: The property boasts a rooftop terrace with skyline views, ideal for entertaining and enjoying Faro's picturesque sunsets, enhancing its appeal in the vibrant historic center.
The valuation. The asking price of €370,000 is significantly above the fair value of €254,599, representing an overpricing of €115,401 (31.2%). This valuation suggests that prospective buyers should carefully evaluate their investment strategy before proceeding.
Fair value modelled at €254,599 from the area baseline, adjusted for condition and location. Asking €370,000 sits €115,401 (31.2%) above — overpriced versus fair value.
Asking €370,000 versus the rua de Santo António area baseline of €271,890 (€2,862/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 47/100 (Condition 45 · Materials 50 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua de Santo António
Area baseline €271,890 + condition -€42,305 + location +€25,014 = modelled fair value of €254,599 (€2,680/m²), a €115,401 (31.2%) gap versus the €370,000 asking price.
Short-term vacation rental The property is overpriced at €370,000 compared to its fair value of €254,599, making it a poor investment for short-term vacation rentals despite the strong tourism demand in the Algarve region. With a gross yield of only 4.4% and a condition rating of 47/100, this property does not support a profitable short-term rental strategy. Long-term rental Given the current listing price of €370,000, the investment fails to meet the criteria for long-term rental profitability, as it is significantly above the fair value of €254,599. The gross yield of 4.4% further indicates that this property does not offer an attractive long-term rental opportunity, especially considering its average condition and neighbourhood ratings. Buy-and-hold The property’s listing price of €370,000 is considerably above its fair value of €254,599, suggesting that a buy-and-hold strategy would be unwise in this instance. With the current gross yield of 4.4% and a condition score of 47/100, the expected appreciation would not justify investing in a property that is already overpriced.
Economic Vulnerability The economic stability score of 65 indicates potential risks due to fluctuating market conditions that may impact the long-term viability of tenant retention and rent prices.
