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 90 m². Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Noteworthy Features: This apartment’s private patio, featuring a pergola and masonry barbecue, provides an ideal outdoor setting for entertaining guests in a tranquil environment.
The valuation. The asking price of €285,000 is €5,361 (1.9%) above the fair value of €279,639, indicating that the property is overpriced. This discrepancy suggests that potential investors should proceed with caution. Buy-to-flip angle. Given the current market conditions, a buy-to-flip strategy could involve renovations to enhance appeal, aiming for a resale value higher than the asking price. However, the property's current overrated pricing may challenge rapid resale. Buy-to-let angle. The estimated rental income of €998/month translates to a gross yield of 4.2%, making it a feasible option for long-term rentals. Its high-quality finishes and proximity to Faro's amenities could attract reliable tenants.
Fair value modelled at €279,639 from the area baseline, adjusted for condition and location. Asking €285,000 sits €5,361 (1.9%) above — overpriced versus fair value.
Asking €285,000 versus the Faro (Sé e São Pedro), Faro, Faro area baseline of €290,790 (€3,231/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 80 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 70 · Amenities 80 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Faro (Sé e São Pedro), Faro, Faro
Area baseline €290,790 + condition +€422 + location +€21,637 = modelled fair value of €279,639 (€3,107/m²), a €5,361 (1.9%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Faro (Sé e São Pedro) · 9117f0 | Subject | €285,000 | €3,167 | — | 72 | 71 |
| rua Ataide de Oliveira | Active | €408,000 | €3,264 | 3.1% | 75 | 62 |
| Faro (Sé e São Pedro) · 25f545 | Active | €285,000 | €4,071 | 28.6% | 70 | 64 |
| Faro (Sé e São Pedro) · 4bbc2f | Active | €339,000 | €3,767 | 18.9% | 70 | 61 |
| rua Doutor Arnaldo Cardoso Vilhena, 31 | Active | €299,000 | €4,041 | 27.6% | 82 | 58 |
| Median comp | €319,000 | €3,904 | 23.3% | 73 | 62 |
Short-term vacation rental The property is overpriced at €285,000, with a fair value of only €279,639, indicating minimal room for profit in the short-term rental market. Although the Algarve attracts tourists, the gross yield of 4.2% does not justify the investment given the price gap. Long-term rental This property is listed above fair value, making it less attractive for long-term rental purposes at €285,000 compared to the fair valuation of €279,639. The 4.2% gross yield is suboptimal in relation to the investment’s cost, limiting potential cash flow generation. Buy-and-hold With an asking price of €285,000 against a fair value of €279,639, this property is overpriced for a buy-and-hold strategy. The combined yield of 4.2% and a condition rating of 75/100 suggest that the potential for capital appreciation may not be realized, inhibiting long-term growth. Not ideal for: Student housing, Luxury market, Industrial development Location context: Proximity to Faro suggests access to urban amenities and economic activities. Algarve's tourist appeal influences housing market dynamics. Neighbourhood dimensions: Housing market: Economic: Amenities: Tenant quality:
Economic Vulnerability With an economic stability score of 65/100, there is a significant risk of fluctuations in the local economy that could affect rental demand and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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