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 house of 62 m². Located on rua das Olarias, Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Noteworthy Features: The property includes a roof terrace ideal for outdoor relaxation and entertaining, enhancing its living space and providing views of the surrounding area.
The valuation. The asking price of €395,000 is slightly above the fair value of €376,758, representing a difference of €18,242 (4.8%). This places the property at a fair valuation in the current market context.
Fair value modelled at €376,758 from 6 comparable sales in the area. Asking €395,000 sits €18,242 (4.8%) above — overpriced versus fair value.
Asking €395,000 versus the rua das Olarias area baseline of €316,282 (€5,101/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €316,282, adjusted for condition and micro-location, gives a modelled fair value of €376,758 (€6,077/m²), a €18,242 (4.8%) gap versus the €395,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua das Olarias | Subject | €395,000 | €6,371 | — | 80 | 70 |
| rua do Compromisso | Active | €355,000 | €6,455 | 1.3% | 87 | 70 |
| Faro (Sé e São Pedro) · 49b840 | Active | €698,000 | €6,648 | 4.3% | 75 | 69 |
| Faro (Sé e São Pedro) · 4a81cc | Active | €230,000 | €3,433 | 46.1% | 62 | 60 |
| rua Veríssimo de Almeida | Active | €550,000 | €3,793 | 40.5% | 75 | 71 |
| Median comp | €452,500 | €5,124 | 19.6% | 75 | 70 |
Short-term vacation rental The property offers a gross yield of 2.7%, which is typical for the tourism-heavy Algarve region, making it a viable option for short-term rentals. With a fair value of €376,758, the listing price of €395,000 suggests that while potential returns align with market expectations, the investment is not advantageous at this price point. Long-term rental Although the property could meet rental demand due to its location in a desirable neighborhood, the gross yield of 2.7% indicates modest returns for landlords. Given the listing price is slightly above the fair value, it might not be the most financially strategic choice for long-term rental investments. Buy-and-hold Investing in this property as a buy-and-hold strategy is feasible, yet the relatively low yield of 2.7% may limit growth potential over time. Priced at €395,000, it is fairly valued but does not offer compelling upside, potentially restricting long-term appreciation in a fluctuating market.
Tenant turnover risk The tenant stability score of 70 indicates a moderate risk of tenant turnover, which can lead to potential vacancy and loss of rental income, especially if economic conditions worsen with a stability score of 60.
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
