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, 2-bathroom mix_use_building of 207 m², built in 1988. Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Noteworthy Features: The property includes a private terrace and balcony ideal for outdoor relaxation, and its central location offers easy access to public transport and local amenities in Faro.
The valuation. There are not enough comparable sales in this area yet to establish a reliable fair-value estimate. Buy-to-flip angle. Given its poor condition and mixed-location status, a resale strategy focusing on renovation could yield potential profit, appealing to buyers looking for value-added opportunities. Buy-to-let angle. The property’s prime location in the Algarve region suggests strong demand for short-term vacation rentals, likely providing steady income despite its current lack of rental performance.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Faro (Sé e São Pedro) · 1bc309 | Subject | €547,000 | €2,643 | — | 20 | 61 |
| Faro (Sé e São Pedro) · 5ece7b | Active | €370,000 | €2,202 | 16.7% | — | 60 |
| rua Ferreira Neto, 19 | Active | €975,000 | €1,822 | 31.0% | 15 | 66 |
| Faro (Sé e São Pedro) · 7e9ae3 | Active | €690,000 | €1,462 | 44.7% | 20 | 63 |
| Faro (Sé e São Pedro) · 5d6dbe | Active | €1,200,000 | €2,609 | 1.3% | — | 64 |
| Median comp | €832,500 | €2,012 | 23.9% | 18 | 64 |
Short-term vacation rental The Algarve region's tourism-centric economy offers a prime opportunity for short-term vacation rentals, capitalizing on seasonal demand. Despite a low yield and a building condition score of 26, the high visitor influx in Faro can still attract significant rental income during peak seasons. Buy-and-hold Considering the relatively stable property market in the Algarve, a buy-and-hold strategy may yield returns over time as the local economy continues to support tourism. The moderate neighborhood rating of 61 suggests potential for gradual appreciation as amenities and infrastructure develop further. Family rental The low crime rates typical of rural Algarve and the neighborhood’s decent rating indicate a suitable environment for family rentals. However, the property’s current condition of 26 out of 100 necessitates renovations to attract long-term family tenants who prioritize safety and quality living conditions.
Economic Volatility Risk With an economic stability score of 55/100, there's a significant risk of fluctuating market conditions impacting rental income stability. Tenant Turnover Risk The tenant stability score of 60/100 indicates a moderate risk of turnover, which may result in increased vacancy rates and associated costs.
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Not enough comparable sales in this area to confidently estimate a fair value.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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