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.
4-bedroom, 3-bathroom apartment of 169 m² on the 2nd floor, built in 2001, energy rating C. Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. This property features high-quality materials and fixtures, with a spacious layout enhanced by natural light from three well-placed balconies.
The valuation. The asking price of €542,000 sits €33,273 (6.5%) above the fair value of €508,727. This property is assessed as being priced fairly within the current market context.
Fair value modelled at €508,727 from 6 comparable sales in the area. Asking €542,000 sits €33,273 (6.5%) above — overpriced versus fair value.
Asking €542,000 versus the Faro (Sé e São Pedro), Faro, Faro area baseline of €426,036 (€2,521/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €426,036, adjusted for condition and micro-location, gives a modelled fair value of €508,727 (€3,010/m²), a €33,273 (6.5%) gap versus the €542,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Faro (Sé e São Pedro) · ee8873 | Subject | €542,000 | €3,207 | — | 74 | 51 |
| largo do Sol Posto | Active | €650,000 | €3,155 | 1.6% | 72 | 63 |
| praceta Azedo Gneco | Active | €329,000 | €3,104 | 3.2% | 75 | 62 |
| rua Jornal o Algarve, 64 | Active | €315,000 | €2,917 | 9.1% | 72 | 46 |
| travessa da Mota | Active | €530,000 | €2,208 | 31.1% | 75 | 70 |
| Median comp | €429,500 | €3,011 | 6.1% | 74 | 63 |
Short-term vacation rental This property shows potential within the short-term vacation rental market given its location in the tourism-relevant Algarve region. However, with a fair valuation gap of 6.5%, it lacks a distinct advantage, potentially limiting immediate returns. Family rental While the property may appeal to families seeking spacious living in a rural area, the average neighborhood rating of 51/100 could pose challenges in attracting quality tenants. Moreover, the fair valuation suggests that this investment does not present a compelling bargain for family rentals at this time. Buy-and-hold Holding this property could yield stable, albeit limited, returns due to its gross yield of 3.4% and fair value assessment. Investors should note that while it may provide steady income, the potential for appreciation in this location is not robust, limiting overall investment appeal.
Economic Vulnerability The property has a low economic stability score of 50/100, suggesting a higher risk of market fluctuations that could impact rental income. Tenant Instability With a tenant stability score of 45/100, there may be challenges in securing long-term tenants, increasing the risk of vacancies and income disruption.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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