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 120 m² on the 1st floor, built in 1993, energy rating D. Located on avenida Doctor Gordinho Moreira S / N, Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Noteworthy Feature: The apartment boasts a unique, expansive terrace that enhances outdoor living potential, an increasingly rare offering in urban environments like Faro.
The valuation. The asking price of €310,000 is below the fair value of €331,897 by €21,897 (6.6%), indicating a fair valuation for this property in Faro.
Fair value modelled at €331,897 from 6 comparable sales in the area. Asking €310,000 sits €21,897 (6.6%) below — the upside to fair value.
Asking €310,000 versus the avenida Doctor Gordinho Moreira S / N area baseline of €277,464 (€2,312/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €277,464, adjusted for condition and micro-location, gives a modelled fair value of €331,897 (€2,766/m²), a €21,897 (6.6%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Doctor Gordinho Moreira S / N | Subject | €310,000 | €2,583 | — | 72 | 62 |
| Faro (Sé e São Pedro) · dbd479 | Active | €289,000 | €2,604 | 0.8% | 70 | 57 |
| urbanização Alto Rodes Alto Rodes | Active | €357,000 | €2,811 | 8.8% | 75 | 63 |
| avenida Doctor Gordinho Moreira, 6 | Active | €367,000 | €2,719 | 5.2% | 70 | 62 |
| rua Ascensao Guimaraes, 2 | Active | €357,000 | €2,811 | 8.8% | 70 | 73 |
| Median comp | €357,000 | €2,765 | 7.0% | 70 | 63 |
Short-term vacation rental This property aligns with the strong tourist appeal of the Algarve, making it a viable option for short-term rentals. However, the seasonal employment fluctuations may impact occupancy rates, suggesting cautious management in maximizing returns. Long-term rental The property offers a fair yield of 3.5%, which is acceptable but not exceptional given the market conditions in Faro. The medium condition and average neighborhood rating could limit tenant demand over longer leasing periods, presenting a balanced risk-reward scenario. Buy-and-hold While the apartment is currently priced fairly, its yield and market conditions suggest moderate growth potential over time. Investors should consider the stable yet seasonal nature of tourism in the Algarve when evaluating long-term asset performance.
Economic Vulnerability The economic stability score of 55 suggests a potential risk due to weaker economic conditions which could impact tenant income and lead to vacancies. Tenant Vulnerability With a tenant stability score of 60, there's a moderate risk of turnover which may disrupt cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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