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 63 m², built in 1978, energy rating D. Located on rua Ataide de Oliveira S / N, Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Noteworthy Features: This apartment boasts a stunning panoramic view of the Ria Formosa, complemented by its high-end modern finishes that enhance both aesthetic appeal and urban living comfort.
The valuation. The asking price of €307,000 sits €8,010 (2.7%) above the fair value of €298,990. This indicates the property is fairly priced in the current market.
Fair value modelled at €298,990 from 6 comparable sales in the area. Asking €307,000 sits €8,010 (2.7%) above — overpriced versus fair value.
Asking €307,000 versus the rua Ataide de Oliveira S / N area baseline of €265,077 (€4,208/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €265,077, adjusted for condition and micro-location, gives a modelled fair value of €298,990 (€4,746/m²), a €8,010 (2.7%) gap versus the €307,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Ataide de Oliveira S / N | Subject | €307,000 | €4,873 | — | 85 | 72 |
| avenida 5 de Outubro | Active | €280,000 | €5,600 | 14.9% | 75 | 73 |
| avenida 5 de Outubro | Active | €280,000 | €5,283 | 8.4% | 78 | 61 |
| rua Ataide de Oliveira | Active | €408,000 | €4,976 | 2.1% | 73 | 62 |
| avenida 5 de Outubro S / N | Active | €280,000 | €4,516 | 7.3% | 80 | 53 |
| Median comp | €280,000 | €5,130 | 5.3% | 77 | 62 |
Short-term vacation rental The property's fair value aligns closely with its listing price, indicating it may meet market expectations for a short-term vacation rental in Faro, a popular tourism destination. With a gross yield of 3.3%, this investment offers potential, yet may not maximize return given its slight premium over fair value. Buy-and-hold While the property is valued reasonably with a fair value gap of only 2.7%, the modest yield of 3.3% suggests limited appreciation upside for a buy-and-hold strategy in the near future. The condition rating of 81/100 reflects quality; however, the property does not represent a compelling long-term investment opportunity under current market conditions. Family rental The 2-bed apartment is positioned within an adequate neighborhood that serves local families well, reflected in the tenant quality assessment. However, its fair status and rental return of 3.3% indicate that while it may serve family renters adequately, it does not present a notable value proposition compared to the market's dynamics.
Economic Dependence Risk The property's economic stability score of 65/100 indicates a moderate risk associated with fluctuations in local economic conditions that could impact tenant demand and rental income.
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