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 80 m² on the 2nd floor, built in 1991, energy rating E. Located on praceta Pintor Lyster Franco, 3, Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Noteworthy Features: This apartment includes a dedicated storage room and is located in a highly sought-after area with excellent access to local amenities and public transport.
The valuation. The asking price of €275,000 is €8,333 (2.9%) below the fair value of €283,333, indicating the property is priced at fair market value.
Fair value modelled at €283,333 from 6 comparable sales in the area. Asking €275,000 sits €8,333 (2.9%) below — the upside to fair value.
Asking €275,000 versus the praceta Pintor Lyster Franco, 3 area baseline of €242,152 (€3,027/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 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 €242,152, adjusted for condition and micro-location, gives a modelled fair value of €283,333 (€3,542/m²), a €8,333 (2.9%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Pintor Lyster Franco, 3 | Subject | €275,000 | €3,438 | — | 70 | 73 |
| Faro (Sé e São Pedro) · 4d4500 | Active | €287,500 | €4,228 | 23.0% | 68 | 62 |
| Faro (Sé e São Pedro) · b7c1fb | Active | €295,000 | €3,172 | 7.7% | 68 | 65 |
| Faro (Sé e São Pedro) · dc149b | Active | €340,000 | €3,542 | 3.0% | 65 | 62 |
| Faro (Sé e São Pedro) · dc1443 | Active | €310,000 | €3,370 | 2.0% | — | 65 |
| Median comp | €302,500 | €3,456 | 0.5% | 68 | 64 |
Long-term rental This property presents a reasonable long-term rental opportunity with a gross yield of 4.2%, fitting within the fair value assessment at €275,000. The stable economic conditions and quality amenities in the neighbourhood suggest reliable tenant demand, though growth potential may be limited given its fair pricing. Short-term vacation rental As a short-term vacation rental, this apartment benefits from Faro's tourism appeal, aligning well with the €275,000 price point positioned near its fair value. The yield of 4.2% indicates a decent income potential, but it may face competition from other rental properties in the vibrant Algarve market. Buy-and-hold Investing in this property as a buy-and-hold asset offers a fair market entry at €275,000, reflective of its fair value. Despite a decent yield of 4.2%, the property's potential for price appreciation may be constrained within the current market dynamics, demanding a cautious long-term outlook.
Economic Vulnerability The relatively moderate economic stability score of 65/100 indicates potential susceptibility to economic downturns, impacting rental income 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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