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 137 m², energy rating E. Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Noteworthy Features: The property includes a spacious terrace offering estuary views, and its dual entrances provide flexible living options for personal or rental use.
The valuation. The asking price of €450,000 exceeds the fair value of €347,235 by €102,765 (29.6%), indicating that the property is overpriced. This discrepancy suggests careful consideration is needed before any investment.
Fair value modelled at €347,235 from 6 comparable sales in the area. Asking €450,000 sits €102,765 (29.6%) above — overpriced versus fair value.
Asking €450,000 versus the Faro (Sé e São Pedro), Faro, Faro area baseline of €372,038 (€2,716/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 €372,038, adjusted for condition and micro-location, gives a modelled fair value of €347,235 (€2,535/m²), a €102,765 (29.6%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Faro (Sé e São Pedro) · 2fcc59 | Subject | €450,000 | €3,285 | — | 52 | 60 |
| rua de Santo António | Active | €370,000 | €3,895 | 18.6% | 45 | 73 |
| caminho da Boleta | Active | €550,000 | €2,535 | 22.8% | 55 | 65 |
| caminho da Boleta | Active | €550,000 | €2,535 | 22.8% | 60 | 60 |
| rua do Compromisso, 35 | Active | €589,000 | €2,067 | 37.1% | 48 | 64 |
| Median comp | €550,000 | €2,535 | 22.8% | 52 | 65 |
Long-term rental The property in Faro is overpriced at €450,000, significantly exceeding its fair value of €347,235 by 29.6%, which limits its attractiveness as a long-term rental investment. With a gross yield of only 3.6% and a condition score of 54/100, this property may struggle to retain tenants and generate consistent rental income. Short-term vacation rental As the property is listed at €450,000, it is overpriced compared to its fair value of €347,235, representing a 29.6% premium that could deter potential short-term rental clients. With a gross yield of 3.6% and a neighborhood rating of 60/100, its ability to compete in the short-term rental market may be significantly hampered. Buy-and-hold Investing in this property for a buy-and-hold strategy is questionable given its overpriced market listing of €450,000 against a fair value of €347,235, indicating a 29.6% discrepancy. The low yield of 3.6% and an average condition rating of 54/100 suggest that this property may not deliver the long-term appreciation expected. Not ideal for: The property is unsuitable for student housing and targeting the luxury market, given its high price point and below-average condition.
Economic Vulnerability With an economic stability score of 55/100 and a tenant stability score of 60/100, there is a notable risk that fluctuations in the local economy may lead to increased vacancy rates and decreased rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
