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 136 m² on the 12th floor, built in 1994, energy rating D. Located on rua Reitor Teixeira Guedes, 26, Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Noteworthy Features: This property boasts a closed balcony sunroom in one bedroom, offering an ideal space for relaxation while enjoying the breathtaking panoramic views of Ria Formosa. Condition: The apartment is generally in good condition, with minimal signs of wear, providing an excellent opportunity for immediate occupancy or rental.
The valuation. The asking price of €370,000 is slightly below the fair value of €377,961, representing an advantageous position of €7,961 (2.2%). This makes the property an attractive investment opportunity in the current market.
Fair value modelled at €377,961 from the area baseline, adjusted for condition and location. Asking €370,000 sits €7,961 (2.2%) below — the upside to fair value.
Asking €370,000 versus the rua Reitor Teixeira Guedes, 26 area baseline of €439,416 (€3,231/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 68 · Materials 61 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 56/100 (Housing Market 60 · Amenities 55 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Reitor Teixeira Guedes, 26
Area baseline €439,416 + condition -€20,613 + location +€9,342 = modelled fair value of €377,961 (€2,779/m²), a €7,961 (2.2%) gap versus the €370,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Reitor Teixeira Guedes, 26 | Subject | €370,000 | €2,721 | — | 68 | 56 |
| Faro (Sé e São Pedro) · 0dd008 | Active | €295,000 | €2,837 | 4.3% | 72 | 58 |
| Faro (Sé e São Pedro) · 4d4243 | Active | €295,000 | €2,837 | 4.3% | 70 | 67 |
| Faro (Sé e São Pedro) · 6d5230 | Active | €675,000 | €3,261 | 19.9% | 70 | 63 |
| urbanização Alto Rodes Alto Rodes | Active | €357,000 | €2,811 | 3.3% | 75 | 63 |
| Median comp | €326,000 | €2,837 | 4.3% | 71 | 63 |
Short-term vacation rental The property in Faro is ideally suited for short-term vacation rentals due to its proximity to the coastal area, which attracts seasonal tourists. Despite a fair value slightly higher than the listing price, the gross yield of 5.8% indicates strong potential for immediate rental income. Long-term rental The apartment's location near popular tourist attractions makes it appealing for long-term rental investments, particularly appealing to individuals seeking a coastal lifestyle. While it is slightly below fair value, the property presents a competitive gross yield of 5.8%, ensuring solid cash flow potential. Value-add renovation With a condition rating of 65/100, there is significant opportunity for value-add renovations to boost the property's appeal and rental income. Though it's already subvalued, enhancing the apartment could attract higher-paying tenants in the tourism-driven market, aligning with the overall growth potential in Faro.
Economic Vulnerability The relatively low economic stability score of 50/100 suggests a significant risk of economic downturns that could impact property values and rental income stability.
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