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, 0-bathroom mix_use_building of 490 m², built in 1920, energy rating E. Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. The property features a wine cellar accessible via the stairs, along with a spacious terrace offering panoramic views of Faro and the scenic Ria Formosa.
The valuation. The asking price of €1,300,000 sits significantly above the fair value of €945,961, reflecting an overpriced status of €354,039 (27.2%). This discrepancy suggests a reconsideration of investment viability based on funds required versus the property's true worth.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Faro (Sé e São Pedro) · 5ecf29 | Subject | €1,300,000 | €2,653 | — | — | 71 |
| Faro (Sé e São Pedro) · 60331d | Active | €3,050,000 | €3,359 | 26.6% | 68 | 70 |
| rua do Compromisso | Active | €350,000 | €933 | 64.8% | — | 73 |
| rua Brito Cabreira, 11 | Active | €634,000 | €3,108 | 17.1% | — | 66 |
| rua de Sao Pedro | Active | €700,000 | €4,375 | 64.9% | 70 | 63 |
| Median comp | €667,000 | €3,234 | 21.9% | 69 | 68 |
Long-term rental The property is overpriced at €1,300,000 compared to the fair value of €945,961, presenting a significant gap of 27.2%. With a gross yield of 0%, this investment does not meet the return expectations needed for long-term rental viability. Short-term vacation rental Priced significantly above fair value, the property at €1,300,000 offers no gross yield, making it unsuitable for short-term vacation rental strategies. The lack of condition scoring 0/100 further undermines its appeal in the competitive tourism market of Faro. Buy-and-hold Given that the property is overpriced by 27.2% relative to its fair value, investing in this buy-and-hold strategy would not yield the desired capital appreciation or income. The zero-gross yield and poor condition indicate a lack of potential for future growth in the current market context.
Economic vulnerability The economic stability score of 65/100 suggests potential susceptibility to market downturns, which could affect tenant demand and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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