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.
3-bedroom, 2-bathroom apartment of 114 m² on the 2nd floor, built in 1985, energy rating C. Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. This apartment features an inviting sunroom and additional balcony, ideal for creating outdoor living space while benefiting from the building's excellent natural light exposure.
The valuation. The asking price of €295,000 is significantly below the fair value of €357,397, presenting an opportunity with a discount of €62,397, or 17.5%. This position hints at favorable investment potential in the current market.
Fair value modelled at €357,397 from 6 comparable sales in the area. Asking €295,000 sits €62,397 (17.5%) below — the upside to fair value.
Asking €295,000 versus the Faro (Sé e São Pedro), Faro, Faro area baseline of €378,400 (€3,319/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 53/100 is below the parish average, reducing 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 €378,400, adjusted for condition and micro-location, gives a modelled fair value of €357,397 (€3,135/m²), a €62,397 (17.5%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Faro (Sé e São Pedro) · 19f7e6 | Subject | €295,000 | €2,588 | — | 58 | 62 |
| Faro (Sé e São Pedro) · f35f92 | Active | €225,000 | €2,813 | 8.7% | 55 | 70 |
| rua Jornal o Algarve, 64 | Active | €315,000 | €2,917 | 12.7% | 72 | 46 |
| Faro (Sé e São Pedro) · 937435 | Active | €266,000 | €3,500 | 35.3% | 45 | 60 |
| praceta Azedo Gneco | Active | €335,000 | €3,418 | 32.1% | 65 | 62 |
| Median comp | €290,500 | €3,168 | 22.4% | 60 | 61 |
Short-term vacation rental The property’s competitive yield of 5.4% and location in the tourist-friendly Algarve region make it a strong candidate for a short-term vacation rental strategy, capitalizing on seasonal demand. With a fair value gap of 17.5%, investors can enter the market at a favorable price point, ensuring a profitable investment. Long-term rental This 3-bed apartment in Faro offers an attractive yield of 5.4%, which aligns well with the needs of long-term rental tenants seeking quality housing in a reputable neighborhood. Given that the property is valued at 17.5% below fair market, it presents a solid opportunity for consistent rental income over time. Buy-and-hold The apartment’s advantageous price, sitting at a 17.5% discount to fair value, positions it well for a buy-and-hold strategy, especially in a location with strong tourism and seasonal rental possibilities. With a neighborhood rating of 62/100, the property also benefits from a reasonable level of amenities and economic activity to ensure long-term appreciation. Not ideal for: Student housing, Luxury market, Industrial investments
Economic Instability Risk The economic stability score of 48/100 indicates a high risk of fluctuations in property value and ongoing economic challenges in the area.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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