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 72 m², energy rating D. Located Conceição e Estoi parish, Faro municipality, Faro district. Unique outdoor features include a spacious private patio with a pergola, ambient lighting, a masonry barbecue, and multiple seating areas for year-round outdoor enjoyment.
The valuation. The asking price of €269,000 is €33,411 (14.2%) above the fair value of €235,589, indicating that the property is overpriced. This discrepancy suggests a lack of immediate investment appeal.
Fair value modelled at €235,589 from 4 comparable sales in the area. Asking €269,000 sits €33,411 (14.2%) above — overpriced versus fair value.
Asking €269,000 versus the Conceição e Estoi, Faro, Faro area baseline of €219,032 (€3,042/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €219,032, adjusted for condition and micro-location, gives a modelled fair value of €235,589 (€3,272/m²), a €33,411 (14.2%) gap versus the €269,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Conceição e Estoi · 3d99d0 | Subject | €269,000 | €3,736 | — | 70 | 68 |
| Faro (Sé e São Pedro) · b7c1fb | Active | €295,000 | €3,172 | 15.1% | 68 | 65 |
| Faro (Sé e São Pedro) · 9117f0 | Active | €285,000 | €3,167 | 15.2% | 72 | 71 |
| Faro (Sé e São Pedro) · b7c221 | Active | €340,000 | €3,542 | 5.2% | 76 | 65 |
| Faro (Sé e São Pedro) · 9384ec | Active | €290,000 | €3,372 | 9.7% | 70 | 58 |
| Median comp | €292,500 | €3,272 | 12.4% | 71 | 65 |
Short-term vacation rental The 2-bed apartment in Conceição e Estoi is overpriced at €269,000, while the fair value is €235,589, indicating a 14.2% gap. The absence of gross yield and the reliance on tourism suggests that this property may not achieve the necessary rental income to justify the current listing price. Buy-and-hold Given the apartment's current price of €269,000 compared to a fair value of €235,589, it is clear that this investment is overpriced by 14.2%. With a gross yield of 0%, there is a substantial risk that holding onto this property may not provide a satisfactory return on investment over time. Family rental The apartment's valuation of €269,000 exceeds the fair market value of €235,589 by 14.2%, indicating it is overpriced in the current market. The neighborhood's tenant quality and amenities may not support a rental price that aligns with the high listing price, adding to the investment risk.
Tenant turnover risk The economic and tenant stability scores of 65/100 suggest a moderate risk of tenant turnover, which could affect rental income stability.
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