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.
2-bedroom, 1-bathroom apartment of 93 m² on the 8th floor, energy rating E. Located on avenida Professor Doutor Adelino da Palma Carlos, 1, Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Noteworthy Features: The apartment boasts excellent brightness and an unobstructed view over Faro, enhancing both its spacious feel and aesthetic appeal in a vibrant central location.
The valuation. The asking price of €280,000 is significantly below the fair value of €324,531, representing a discount of €44,531 (13.7%). Such a positioning suggests this property is subpriced relative to its market value.
Fair value modelled at €324,531 from 6 comparable sales in the area. Asking €280,000 sits €44,531 (13.7%) below — the upside to fair value.
Asking €280,000 versus the avenida Professor Doutor Adelino da Palma Carlos, 1 area baseline of €298,393 (€3,209/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €298,393, adjusted for condition and micro-location, gives a modelled fair value of €324,531 (€3,490/m²), a €44,531 (13.7%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Professor Doutor Adelino da Palma Carlos, 1 | Subject | €280,000 | €3,011 | — | 72 | 73 |
| Faro (Sé e São Pedro) · dbd479 | Active | €289,000 | €2,604 | 13.5% | 70 | 57 |
| rua Alferes Arnaldo Luzia da Silva | Active | €315,000 | €2,739 | 9.0% | 68 | 59 |
| Faro (Sé e São Pedro) · 4d4500 | Active | €287,500 | €4,228 | 40.4% | 68 | 62 |
| estrada de São Luís, 164 | Active | €299,000 | €3,987 | 32.4% | 72 | 62 |
| Median comp | €294,000 | €3,363 | 11.7% | 69 | 61 |
Short-term vacation rental This property is positioned well in a tourist-driven region, making it an excellent option for short-term vacation rentals given its attractive yield of 4.3%. With a fair value gap of 13.7%, it offers a potential for strong returns during peak tourist seasons. Long-term rental The solid condition score of 70/100 suggests that this 2-bed apartment is suitable for long-term rental, appealing to residents seeking quality housing in a desirable neighborhood. With the fair value indicating it is underpriced, this investment could secure consistent rental income over time. Buy-and-hold Acquiring this property allows investors to benefit from the combination of a favorable fair value and a stable neighborhood score of 73/100, making it a strong buy-and-hold candidate. The low crime rate and decent amenities further enhance its long-term appreciation potential in a growing market. Not ideal for student housing Given the general standard of education available and the absence of specialized institutions, this property is not suitable for student housing. The demand from students is unlikely to match the investment potential found in other rental strategies. Not ideal for luxury market This property does not cater to the luxury market, as its condition and neighborhood ratings indicate a more modest appeal. Investing in luxury properties in this area may yield better results elsewhere due to the lower-end demographic focus of the surrounding market.
Economic vulnerability With an economic stability score of 65/100, the property may face challenges due to potential market fluctuations impacting rental income and property value.
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