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 110 m² on the 5th floor, energy rating C. Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Notable Features: This apartment boasts two balconies with stunning sea views, offering a unique blend of outdoor space and panoramic vistas in the heart of Bom João. Condition Notes: The property showcases a modern design with minimal signs of wear, emphasizing functional elegance in both common areas and bedrooms.
The valuation. The asking price of €375,000 is €45,069 (12.0%) above the fair value of €329,931. This property is deemed overpriced, which limits its attractiveness for potential investors.
Fair value modelled at €329,931 from the area baseline, adjusted for condition and location. Asking €375,000 sits €45,069 (12.0%) above — overpriced versus fair value.
Asking €375,000 versus the Faro (Sé e São Pedro), Faro, Faro area baseline of €355,410 (€3,231/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 73 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 62/100 (Housing Market 70 · Amenities 65 · Economic 60 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
Faro (Sé e São Pedro), Faro, Faro
Area baseline €355,410 + condition +€0 + location +€15,111 = modelled fair value of €329,931 (€2,999/m²), a €45,069 (12.0%) gap versus the €375,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Faro (Sé e São Pedro) · 6c7b77 | Subject | €375,000 | €3,409 | — | 73 | 62 |
| Faro (Sé e São Pedro) · 23f4fa | Active | €432,000 | €3,108 | 8.8% | 74 | 64 |
| rua Doutor Olímpio Passos Valente, 13 | Active | €472,000 | €3,933 | 15.4% | 74 | 68 |
| Faro (Sé e São Pedro) · 6d5230 | Active | €675,000 | €3,261 | 4.3% | 70 | 63 |
| Faro (Sé e São Pedro) · 4bbc2f | Active | €339,000 | €3,767 | 10.5% | 70 | 61 |
| Median comp | €452,000 | €3,514 | 3.1% | 72 | 64 |
Short-term vacation rental This property, with its proximity to Faro's coastal attractions, is appealing for short-term vacation rentals, but the current listing price of €375,000 significantly exceeds its fair value of €329,931. With a gross yield of 4.2%, the investment potential is hindered due to the overpriced nature of the asset. Long-term rental While long-term rentals in Faro can benefit from a steady influx of residents, the apartment’s current asking price is a clear indication of being overpriced compared to its fair value. Thus, long-term rental returns may not justify the high entry cost, reflecting a yield of only 4.2%. Buy-and-hold The buy-and-hold strategy may be a consideration in Faro's market, given the adequate economic and amenities landscape; however, with the property being listed at €375,000 when it should be valued at €329,931, this asset is overpriced. Investors might find it challenging to realize capital appreciation when entering at such a high price point, inhibiting future growth potential.
Potential Vacancy Risk The economic stability score of 60 and a tenant stability score of 55 suggest that there may be challenges in retaining tenants, potentially leading to increased vacancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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