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.
1-bedroom, 1-bathroom apartment of 52 m², built in 2014, energy rating C. Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Noteworthy features: The apartment's ground floor location provides easy access for those with mobility challenges and allows for seamless indoor-outdoor living with potential access to shared garden space.
The valuation. The asking price of €290,000 sits significantly above the fair value of €147,871, representing a staggering 49.0% premium. The property is clearly overpriced based on comparative market analysis.
Fair value modelled at €147,871 from the area baseline, adjusted for condition and location. Asking €290,000 sits €142,129 (49.0%) above — overpriced versus fair value.
Asking €290,000 versus the Faro (Sé e São Pedro), Faro, Faro area baseline of €168,012 (€3,231/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 70 · Materials 75 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 60/100 (Housing Market 70 · Amenities 60 · Economic 55 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
Faro (Sé e São Pedro), Faro, Faro
Area baseline €168,012 + condition -€6,906 + location +€5,953 = modelled fair value of €147,871 (€2,844/m²), a €142,129 (49.0%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Faro (Sé e São Pedro) · 28bac4 | Subject | €290,000 | €5,577 | — | 70 | 60 |
| avenida Calouste Gulbenkian | Active | €237,500 | €4,481 | 19.6% | 72 | 58 |
| avenida 5 de Outubro | Active | €280,000 | €5,600 | 0.4% | 75 | 73 |
| avenida 5 de Outubro S / N | Active | €280,000 | €4,516 | 19.0% | 80 | 53 |
| avenida 5 de Outubro | Active | €280,000 | €5,283 | 5.3% | 78 | 61 |
| Median comp | €280,000 | €4,900 | 12.1% | 77 | 60 |
Short-term vacation rental The current listing price of €290,000 for this 1-bed apartment in Faro places it 49% above the fair value of €147,871, positioning it as overpriced. With a gross yield of only 3.1%, the investment does not align with the expected returns for short-term rentals in a competitive tourism market. Buy-and-hold At €290,000, this property is significantly overpriced compared to its fair value of €147,871, creating a considerable investment risk for long-term hold strategies. The projected gross yield of 3.1% does not provide a compelling case for capital appreciation in the current housing market dynamics. Family rental Valued at €290,000 while the fair assessment is only €147,871 indicates this property is overpriced for a family rental strategy. The yielding potential of 3.1% is insufficient to attract quality tenants in a market increasingly sensitive to rental prices and value for money.
Economic and Tenant Instability The property faces potential challenges due to a low economic stability score of 55 and a matching tenant stability score of 55, indicating possible difficulties in maintaining consistent rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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