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 duplex of 97 m², energy rating D. Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Noteworthy Feature: This duplex benefits from direct access to a private rooftop terrace, offering panoramic views of the city and ample space for outdoor gatherings. Valuation Verdict: Fair
The valuation. The asking price of €299,000 is €29,479 (10.9%) above the fair value of €269,521, indicating that the property is overpriced. This premium raises concerns for potential investors regarding the sustainability of value appreciation.
Fair value modelled at €269,521 from 6 comparable sales in the area. Asking €299,000 sits €29,479 (10.9%) above — overpriced versus fair value.
Asking €299,000 versus the Faro (Sé e São Pedro), Faro, Faro area baseline of €257,708 (€2,657/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 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 €257,708, adjusted for condition and micro-location, gives a modelled fair value of €269,521 (€2,779/m²), a €29,479 (10.9%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Faro (Sé e São Pedro) · 6229e8 | Subject | €299,000 | €3,082 | — | 65 | 73 |
| Faro (Sé e São Pedro) · 0dd008 | Active | €295,000 | €2,837 | 8.0% | 72 | 58 |
| Faro (Sé e São Pedro) · 4d4243 | Active | €295,000 | €2,837 | 8.0% | 70 | 67 |
| avenida Doctor Gordinho Moreira, 6 | Active | €367,000 | €2,719 | 11.8% | 70 | 62 |
| rua Jornal o Algarve, 64 | Active | €315,000 | €2,917 | 5.4% | 72 | 46 |
| Median comp | €305,000 | €2,837 | 8.0% | 71 | 60 |
Short-term vacation rental The property is overpriced at €299,000, which is 10.9% above its fair value of €269,521. While the location near Algarve tourist spots could attract short-term renters, the strong pricing diminishes the potential for profitability. Buy-and-hold With a gross yield of 4.6% and a fair value gap indicating the property is overpriced, the long-term investment appeal is questionable. Investors may find that the high acquisition cost limits overall returns in an area already reliant on tourism. Family rental This duplex, although potentially appealing to families due to its three bedrooms, is overpriced at €299,000 relative to the fair value of €269,521. The current market conditions suggest that families might seek more affordable alternatives, limiting the rental demand for this property.
Market Vulnerability The property's economic stability score of 65/100 suggests potential vulnerability to market fluctuations, which could impact rental income stability despite a tenant stability score of 70/100.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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