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.
0-bedroom, 0-bathroom mix_use_building of 535 m², energy rating C. Located on rua Ferreira Neto, 19, Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Noteworthy Features: This property includes a private garden of 175.40 m², providing rare outdoor space in Faro's historic center, plus a previously approved project for accommodation.
The valuation. There are not enough comparable sales in this area yet to establish a reliable fair-value estimate. Therefore, it is crucial to conduct further analysis before making any assumptions.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Ferreira Neto, 19 | Subject | €975,000 | €1,822 | — | 15 | 66 |
| rua Brito Cabreira, 11 | Active | €634,000 | €3,108 | 70.5% | — | 66 |
| Faro (Sé e São Pedro) · 5d6dbe | Active | €1,200,000 | €2,609 | 43.1% | — | 64 |
| Faro (Sé e São Pedro) · 5ece7b | Active | €370,000 | €2,202 | 20.8% | — | 60 |
| Faro (Sé e São Pedro) · cfdc00 | Active | €700,000 | €2,800 | 53.6% | 15 | 73 |
| Median comp | €667,000 | €2,705 | 48.4% | 15 | 65 |
Short-term vacation rental The property’s location in the Algarve, a well-known tourist destination, makes it ideal for short-term vacation rentals, especially given its proximity to various amenities. Despite the current condition rating of 23/100, potential improvements could attract seasonal vacationers in a market with variable housing demand. Long-term rental The area boasts a neighbourhood rating of 66/100, indicating suitable conditions for cultivating long-term rentals amidst the tourism-driven economy. With a zero gross yield currently, there’s an opportunity to enhance the property's condition to increase appeal to long-term tenants seeking residential options in a vibrant tourism locale. Buy-and-hold Investing in this property as a buy-and-hold strategy offers the potential for capital appreciation over time, especially if renovations are implemented to improve its condition. The tourist-driven economic environment of the Algarve presents a favorable backdrop for realizing long-term value growth through strategic ownership. Not ideal for student housing Given the lack of educational institutions in the immediate vicinity, the property is not suitable for student housing, as demand in this category may be limited during the academic year. The emphasis on tourism in the Algarve further sidelines the viability of a student rental strategy. Not ideal for luxury market The current condition rating of 23/100 indicates that the property may not meet the expectations of the luxury market clientele. Without significant investments to elevate its status, this strategy would likely face challenges in attracting higher-end tenants or buyers within this desirable segment.
Economic Vulnerability The economic stability score of 60 suggests a moderate risk of economic downturn affecting property value and tenant demand.
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