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.
1-bedroom, 1-bathroom apartment of 45 m², built in 1986, energy rating D. Located on autoestrada N2, Conceição e Estoi parish, Faro municipality, Faro district. Noteworthy Feature: The apartment includes a private 50 m² outdoor space, ideal for creating a garden or relaxation area, a rare find in an urban setting like Faro.
The valuation. The asking price of €265,000 significantly exceeds the fair value of €204,107 by €60,893 (29.8%). This indicates that the property is overpriced based on these current valuations.
Fair value modelled at €204,107 from 6 comparable sales in the area. Asking €265,000 sits €60,893 (29.8%) above — overpriced versus fair value.
Asking €265,000 versus the autoestrada N2 area baseline of €167,827 (€3,729/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €167,827, adjusted for condition and micro-location, gives a modelled fair value of €204,107 (€4,536/m²), a €60,893 (29.8%) gap versus the €265,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| autoestrada N2 | Subject | €265,000 | €5,889 | — | 75 | 60 |
| Faro (Sé e São Pedro) · dc1485 | Active | €230,000 | €5,000 | 15.1% | 74 | 55 |
| avenida 5 de Outubro | Active | €280,000 | €5,600 | 4.9% | 75 | 73 |
| Faro (Sé e São Pedro) · 9384ec | Active | €290,000 | €3,372 | 42.7% | 70 | 58 |
| Conceição e Estoi · 483bd3 | Active | €282,000 | €3,917 | 33.5% | 74 | 54 |
| Median comp | €281,000 | €4,459 | 24.3% | 74 | 57 |
Long-term rental The property's yield of 1.6% gross indicates that it is likely not an attractive option for long-term rental investors seeking higher returns. Additionally, with a fair value of €204,107 compared to the listing price of €265,000, the property appears to be significantly overpriced at 29.8%. Short-term vacation rental Given the moderate tourist influence of the Algarve region, the property could potentially attract short-term vacation renters; however, the high listing price makes it a risky investment. The combination of a fair value of €204,107 and a listing price of €265,000 further emphasizes that it is overpriced, reducing its attractiveness in a competitive rental market. Buy-and-hold For investors considering a buy-and-hold strategy, the current market conditions suggest caution due to the property's overvaluation. With an estimated fair value gap of 29.8%, it is clear that the property’s listing at €265,000 does not align with long-term growth expectations based on its fair value of €204,107.
Economic volatility risk Given an economic stability score of 50/100, there is a significant risk that local economic fluctuations could adversely affect property values and rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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