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 68 m², built in 1988, energy rating E. Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Noteworthy Features: This apartment features two fronts providing ample natural light, and it is conveniently located just steps away from the Estádio do Sporting Clube Farense, enhancing its appeal for sports enthusiasts.
The valuation. The asking price of €287,500 is significantly above fair value of €193,864, creating a discrepancy of €93,636 (32.6%). This property is considered overpriced. Buy-to-flip angle. A buy-to-flip strategy may not be viable given the current asking price, as potential resale margins are limited. The focus would be on enhancing aesthetic appeal to attract buyers. Buy-to-let angle. With an estimated gross yield of 3.9%, a monthly rental income of approximately €934 suggests moderate returns for long-term rental strategies. The proximity to tourist areas enhances appeal for short-term vacation rentals.
Fair value modelled at €193,864 from the area baseline, adjusted for condition and location. Asking €287,500 sits €93,636 (32.6%) above — overpriced versus fair value.
Asking €287,500 versus the Faro (Sé e São Pedro), Faro, Faro area baseline of €221,068 (€3,251/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 (Condition 68 · Materials 70 · Room dimensions 62). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 62/100 (Housing Market 75 · Amenities 60 · Economic 65 · Tenant Quality 50). Strong amenities and housing-market momentum support a premium to baseline.
Faro (Sé e São Pedro), Faro, Faro
Area baseline €221,068 + condition -€10,094 + location +€9,342 = modelled fair value of €193,864 (€2,851/m²), a €93,636 (32.6%) gap versus the €287,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Faro (Sé e São Pedro) · 4d4500 | Subject | €287,500 | €4,228 | — | 68 | 62 |
| urbanização Vale da Amoreira Penha | Active | €230,000 | €3,286 | 22.3% | 70 | 63 |
| estrada Loulé | Active | €399,000 | €3,874 | 8.4% | 63 | 74 |
| Faro (Sé e São Pedro) · 25f629 | Active | €399,000 | €3,874 | 8.4% | 63 | 61 |
| Faro (Sé e São Pedro) · dbd479 | Active | €289,000 | €2,604 | 38.4% | 70 | 57 |
| Median comp | €344,000 | €3,580 | 15.3% | 67 | 62 |
Long-term rental The 2-bed apartment in Faro is positioned at €287,500, which is 32.6% above its fair value of €193,864, making it an overpriced investment for long-term rental. With a gross yield of 3.9% and a condition score of 66/100, the property may struggle to attract consistent tenants due to its elevated price. Short-term vacation rental While the proximity to Algarve's tourist areas suggests a potential for short-term vacation rentals, the property is significantly overpriced at €287,500, exceeding the fair value by 32.6%. Given the gross yield of only 3.9%, it is unlikely to generate the desired return on investment for vacation rental purposes. Buy-and-hold Investing in this 2-bed apartment as a buy-and-hold strategy appears challenging due to its current asking price of €287,500, which is 32.6% higher than its fair value of €193,864. The limited yield of 3.9% and the condition rating of 66/100 suggest that holding this asset may not yield significant appreciation in the long run.
Tenant turnover risk The tenant stability score of 50/100 indicates a high likelihood of tenant turnover, which can lead to increased vacancy rates and associated costs.
