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 125 m², built in 1970. Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. This property features two urban articles offering a unique potential to customize living spaces while capitalizing on excellent solar exposure and unobstructed views.
The valuation. The asking price of €297,000 sits €20,722 (7.5%) above the fair value of €276,278, indicating a property valued at a fair price. Buy-to-flip angle. The buy-to-flip strategy could entail minor renovations to modernize the interiors, appealing to investors aiming for a quick resale at a profit. Buy-to-let angle. With an estimated gross yield of 5.4% at approximately €1,337 per month, this property presents a solid option for long-term family rentals in a mixed-demand neighborhood.
Fair value modelled at €276,278 from 6 comparable sales in the area. Asking €297,000 sits €20,722 (7.5%) above — overpriced versus fair value.
Asking €297,000 versus the Faro (Sé e São Pedro), Faro, Faro area baseline of €361,615 (€2,893/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 33/100 is below the parish average, reducing 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 €361,615, adjusted for condition and micro-location, gives a modelled fair value of €276,278 (€2,210/m²), a €20,722 (7.5%) gap versus the €297,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Faro (Sé e São Pedro) · 57f607 | Subject | €297,000 | €2,376 | — | 25 | 58 |
| rua Sitio do Besouro, 2 | Active | €198,000 | €2,000 | 15.8% | — | 56 |
| via do Infante | Active | €170,000 | €1,278 | 46.2% | — | 61 |
| Conceição e Estoi · 83139d | Active | €407,000 | €3,155 | 32.8% | 45 | 60 |
| Faro (Sé e São Pedro) · cfdf21 | Active | €426,000 | €2,420 | 1.9% | 54 | 60 |
| Median comp | €302,500 | €2,210 | 7.0% | 50 | 60 |
Short-term vacation rental The property offers a competitive gross yield of 5.4%, making it a potentially attractive option for short-term vacation rentals in a moderately demanding tourist area. However, its fair value at €276,278 suggests that at the listing price, it is reasonably positioned but not a compelling investment opportunity. Buy-and-hold Holding this property could yield stable returns, given the moderate coastal housing demand driven by seasonal tourism. Still, its fair value means that prospective buyers should be cautious, as the listing price does not present an attractive advantage for long-term appreciation potential. Family rental As a family rental, the property could meet basic housing needs in an area catering to seasonal workers and tourists, although the condition rating of 33/100 and neighborhood score of 58/100 indicate some limitations. The fair valuation suggests that while it may serve a transient market, it lacks distinct advantages to classify it as a prime family rental investment.
Economic Vulnerability The economic stability score of 50/100 indicates a significant risk of declining property values due to potential economic downturns. Tenant Stability Risk With a tenant stability score of 60/100, there is an elevated risk of tenant turnover, which could lead to increased vacancy rates and loss of rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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