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, 2-bathroom apartment of 120 m² on the 1st floor, energy rating C. Located on rua Professor Antonio Pinheiro e Rosa, 32B, Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Noteworthy Features: The apartment includes a fully equipped kitchen with built-in appliances and excellent storage capacity, perfect for students or teachers who value functionality and style. Additional Details: Located directly across from Pinheiro e Rosa Secondary School, enhancing convenience for educational professionals.
The valuation. The asking price of €470,000 sits above the fair value of €427,207 by €42,793, marking a 10.0% premium. This places the property at a fair valuation, reflecting a reasonable market position.
Fair value modelled at €427,207 from 6 comparable sales in the area. Asking €470,000 sits €42,793 (10.0%) above — overpriced versus fair value.
Asking €470,000 versus the rua Professor Antonio Pinheiro e Rosa, 32B area baseline of €443,439 (€3,695/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 54/100 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 €443,439, adjusted for condition and micro-location, gives a modelled fair value of €427,207 (€3,560/m²), a €42,793 (10.0%) gap versus the €470,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Professor Antonio Pinheiro e Rosa, 32B | Subject | €470,000 | €3,917 | — | 52 | 56 |
| Faro (Sé e São Pedro) · 800356 | Active | €297,500 | €3,343 | 14.7% | 58 | 64 |
| Faro (Sé e São Pedro) · a80ac0 | Active | €315,000 | €4,200 | 7.2% | 58 | 71 |
| rua Capitão Jose Vieira Branco, 23 | Active | €270,000 | €4,091 | 4.4% | 58 | 70 |
| rua Abreu Marques | Active | €300,000 | €3,261 | 16.7% | 65 | 65 |
| Median comp | €298,750 | €3,717 | 5.1% | 58 | 68 |
Long-term rental The property in Faro presents a fair investment opportunity for long-term rental with a yield of 3.4%, aligning closely with the fair value of €427,207. However, the peripheral location in the Algarve may limit demand compared to central areas, making it essential to carefully evaluate tenant profiles. Short-term vacation rental As a short-term vacation rental, this property is adequately priced but faces challenges due to its peripheral location in the Algarve, which is less attractive to tourism compared to central coastal areas. With a fair value assessment and moderate yield, the property's performance will greatly rely on effective marketing strategies to attract seasonal visitors. Not ideal for luxury market Given the current condition rating of 54/100, the property does not fit the luxury market segment, which typically demands higher standards in both quality and location. This limits its appeal to high-end buyers or renters, potentially affecting future investment returns. Not ideal for student housing The property is also not suitable for student housing due to the location's peripheral nature, which may not attract a strong student demographic. Additionally, its overall condition and neighborhood score suggest it may not meet the expectations of student renters seeking modern amenities and accessibility.
Economic vulnerability With an economic stability score of 50/100, there is a significant risk that fluctuations in local economic conditions could adversely affect tenant demand and property value.
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