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.
0-bedroom, 3-bathroom mix_use_building of 168 m², built in 1953. Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. UNIQUE FEATURE: The property includes two independent entrances, providing versatile options for owner-occupation or rental arrangements, a rare asset in the sought-after area of Alto Rodes.
The valuation. The asking price of €370,000 sits €40,576 (11.0%) above the fair value of €329,424, indicating that the property is overpriced. This discrepancy suggests an immediate reassessment of its investment potential.
Fair value modelled at €329,424 from the area baseline, adjusted for condition and location. Asking €370,000 sits €40,576 (11.0%) above — overpriced versus fair value.
Asking €370,000 versus the Faro (Sé e São Pedro), Faro, Faro area baseline of €542,808 (€3,231/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 10/100 (Condition 5 · Materials 10 · Room dimensions 20). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 60/100 (Housing Market 65 · Amenities 60 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Faro (Sé e São Pedro), Faro, Faro
Area baseline €542,808 + condition -€170,625 + location +€19,233 = modelled fair value of €329,424 (€1,961/m²), a €40,576 (11.0%) gap versus the €370,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Faro (Sé e São Pedro) · 5ece7b | Subject | €370,000 | €2,202 | — | — | 60 |
| Faro (Sé e São Pedro) · c1f287 | Active | €549,000 | €6,778 | 207.7% | — | 60 |
| rua Brito Cabreira, 11 | Active | €634,000 | €3,108 | 41.1% | — | 66 |
| Faro (Sé e São Pedro) · cfdc00 | Active | €700,000 | €2,800 | 27.1% | 15 | 73 |
| via do Infante | Active | €170,000 | €1,278 | 42.0% | — | 61 |
| Median comp | €591,500 | €2,954 | 34.1% | 15 | 64 |
Short-term vacation rental Given the property's overpriced listing at €370,000 compared to the fair value of €329,424, pursuing a short-term vacation rental strategy is unappealing. With a gross yield of 0% and a challenging condition rating of 10/100, the investment is unlikely to generate satisfactory returns in the tourist-friendly Algarve. Buy-and-hold Investing in this property as a buy-and-hold asset is not advisable due to its 11.0% overpricing when compared to fair market valuation. The current low-quality condition and minimal yield suggest that long-term appreciation potential is limited, making this a less favorable choice. Family rental The family rental strategy falls short given the property’s gap versus fair value, which indicates an overpriced market at €370,000. Additionally, the condition rating of 10/100 and the local amenities rating of 60/100 imply that it may not attract quality tenants, further complicating rental prospects.
Economic Vulnerability The property faces potential instability due to the economic stability score of 55/100, indicating a weak economic environment.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
