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, 3-bathroom house of 152 m². Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Noteworthy Features: The property includes a spacious roof terrace with unobstructed views and direct access to a community swimming pool, enhancing outdoor leisure potential.
The valuation. The asking price of €595,000 is significantly below the fair value of €831,150, making this property underpriced by €236,150 (28.4%). This presents a compelling opportunity for investors seeking value.
Fair value modelled at €831,150 from 6 comparable sales in the area. Asking €595,000 sits €236,150 (28.4%) below — the upside to fair value.
Asking €595,000 versus the Faro (Sé e São Pedro), Faro, Faro area baseline of €730,562 (€4,806/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €730,562, adjusted for condition and micro-location, gives a modelled fair value of €831,150 (€5,468/m²), a €236,150 (28.4%) gap versus the €595,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Faro (Sé e São Pedro) · 3d984b | Subject | €595,000 | €3,914 | — | 80 | 67 |
| Montenegro · 1e66bd | Active | €1,875,000 | €6,893 | 76.1% | 78 | 60 |
| Faro (Sé e São Pedro) · 956b41 | Active | €1,325,000 | €4,102 | 4.8% | 77 | 60 |
| Montenegro · 0016d4 | Active | €945,000 | €4,565 | 16.6% | 80 | 63 |
| Faro (Sé e São Pedro) · f5ea0c | Active | €395,000 | €6,371 | 62.8% | 70 | 67 |
| Median comp | €1,135,000 | €5,468 | 39.7% | 78 | 62 |
Short-term vacation rental This 3-bed house in Faro presents an attractive opportunity for short-term vacation rental, especially given its tourist-friendly location and a fair value gap of 28.4%. With a gross yield of 2.6% and a condition rating of 82/100, it is well-positioned to capture the essence of tourism in the region while generating steady income. Long-term rental Although the gross yield of 2.6% may not be exceptional in the long-term rental market, the property’s fair value of €831,150 suggests it can still attract quality tenants due to the low crime rate and decent neighborhood score of 67/100. This makes it a viable option, especially for renters seeking stable housing in a tourist-friendly area. Buy-and-hold Investing in this property as a buy-and-hold strategy could yield significant long-term benefits given its fair value gap of 28.4%, pointing towards future appreciation potential. The combination of a solid condition rating and a favorable location indicates that, despite current yield figures, this property could be a valuable asset in a diversified real estate portfolio.
Economic Dependence The property may face risk due to a moderate economic stability score of 65/100, indicating potential vulnerabilities in local economic performance affecting occupancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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