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 apartment of 104 m², built in 1979, energy rating E. Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Key Features: This property not only has two balconies, with one converted into a cozy balcony room, but its air conditioning enhances comfort in the spacious layouts throughout.
The valuation. The asking price of €295,000 is positioned €10,701 (3.6%) below the fair value of €305,701, indicating a well-priced opportunity for potential investors. This favorable difference may attract a quick sale.
Fair value modelled at €305,701 from the area baseline, adjusted for condition and location. Asking €295,000 sits €10,701 (3.6%) below — the upside to fair value.
Asking €295,000 versus the Faro (Sé e São Pedro), Faro, Faro area baseline of €336,024 (€3,231/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 70 · Materials 65 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 67/100 (Housing Market 70 · Amenities 65 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Faro (Sé e São Pedro), Faro, Faro
Area baseline €336,024 + condition -€12,188 + location +€20,240 = modelled fair value of €305,701 (€2,939/m²), a €10,701 (3.6%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Faro (Sé e São Pedro) · 4d4243 | Subject | €295,000 | €2,837 | — | 70 | 67 |
| avenida Doctor Gordinho Moreira, 6 | Active | €367,000 | €2,719 | 4.2% | 70 | 62 |
| urbanização Alto Rodes Alto Rodes | Active | €357,000 | €2,811 | 0.9% | 75 | 63 |
| Faro (Sé e São Pedro) · dbd479 | Active | €289,000 | €2,604 | 8.2% | 70 | 57 |
| rua Luís de Camões, 8 | Active | €275,000 | €2,254 | 20.5% | 55 | 63 |
| Median comp | €323,000 | €2,662 | 6.2% | 70 | 63 |
Short-term vacation rental This property is well-positioned for short-term vacation rentals due to its proximity to Algarve resorts, which positively influences demand. With a 5.7% gross yield and a listing price slightly below fair value, it presents an attractive opportunity in the seasonal rental market. Long-term rental With a demand for long-term rentals influenced by the seasonal economy, this 3-bed apartment can cater well to families or professionals looking for stable housing. The property’s condition rating of 68/100 provides a solid basis for attracting quality tenants at competitive rates. Buy-and-hold Investing in this apartment aligns well with a buy-and-hold strategy, as it is currently underpriced and offers a favorable yield of 5.7%. The proximity to amenities and a decent neighborhood rating of 67/100 indicates potential for value appreciation over time.
Economic Sensitivity Risk The property faces a potential decline in value as both economic and tenant stability scores are at 65/100, indicating vulnerability to market fluctuations that could affect rental income and property appreciation.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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