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 93 m², energy rating D. Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Noteworthy Features: This ground-floor apartment includes a versatile enclosed balcony that enhances living space and may qualify for conversion into a small office or additional storage. Investment Potential: Positioned in a high-demand rental market, the property is poised for significant appreciation. Condition Note: Dated fixtures throughout indicate opportunities for modernization that could further boost value.
The valuation. The asking price of €300,000 is above the fair value of €246,146, representing a premium of €53,854 (18.0%). This indicates the property is overpriced in the current market.
Fair value modelled at €246,146 from the area baseline, adjusted for condition and location. Asking €300,000 sits €53,854 (18.0%) above — overpriced versus fair value.
Asking €300,000 versus the Faro (Sé e São Pedro), Faro, Faro area baseline of €300,483 (€3,231/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 50/100 (Condition 50 · Materials 48 · Room dimensions 52). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 66/100 (Housing Market 80 · Amenities 55 · Economic 65 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Faro (Sé e São Pedro), Faro, Faro
Area baseline €300,483 + condition -€37,055 + location +€17,035 = modelled fair value of €246,146 (€2,647/m²), a €53,854 (18.0%) gap versus the €300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Faro (Sé e São Pedro) · 4d4097 | Subject | €300,000 | €3,226 | — | 50 | 66 |
| Faro (Sé e São Pedro) · 937435 | Active | €266,000 | €3,500 | 8.5% | 45 | 60 |
| Faro (Sé e São Pedro) · 95706e | Active | €269,000 | €3,363 | 4.2% | 37 | 73 |
| Faro (Sé e São Pedro) · 25f629 | Active | €399,000 | €3,874 | 20.1% | 63 | 61 |
| Faro (Sé e São Pedro) · 1e6017 | Active | €305,000 | €2,905 | 10.0% | 60 | 70 |
| Median comp | €287,000 | €3,432 | 6.4% | 53 | 66 |
Short-term vacation rental The property is overpriced at €300,000, which represents an 18.0% gap above its fair value of €246,146. With a gross yield of 4.1%, the potential returns from short-term rentals do not justify the current listing price. Buy-and-hold At a listing price of €300,000, this property shows a significant gap to its fair value of €246,146, making it an overpriced investment. Moreover, the 4.1% gross yield is insufficient to cover the premium paid, limiting the long-term investment potential. Family rental Given the current listing price of €300,000, which exceeds the fair value of €246,146 by 18.0%, this property is overpriced for family rental purposes. The yield of 4.1% does not align with the expectations for a sustainable rental income in the competitive Faro market.
Economic and Tenant Instability With an economic stability score of 65/100 and a tenant stability score of 60/100, there is a heightened risk of fluctuations in rental income and potential vacancy issues.
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