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, 2-bathroom apartment of 120 m² on the 2nd floor, energy rating C. Located on rua Coronel António Santos Fonseca, 32, Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Property Location: Nestled on a main avenue with immediate access to public transport and essential services, enhancing urban living convenience. Modern Amenities: Includes a dedicated storage room, optimizing space management in the apartment.
The valuation. The asking price of €425,000 sits €52,304 (11.0%) below the fair value of €477,304, indicating that the property is underpriced. This presents a solid investment opportunity for potential buyers.
Fair value modelled at €477,304 from 6 comparable sales in the area. Asking €425,000 sits €52,304 (11.0%) below — the upside to fair value.
Asking €425,000 versus the rua Coronel António Santos Fonseca, 32 area baseline of €410,459 (€3,420/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €410,459, adjusted for condition and micro-location, gives a modelled fair value of €477,304 (€3,978/m²), a €52,304 (11.0%) gap versus the €425,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Coronel António Santos Fonseca, 32 | Subject | €425,000 | €3,542 | — | 77 | 67 |
| rua Doutor Olímpio Passos Valente, 13 | Active | €472,000 | €3,933 | 11.1% | 74 | 68 |
| Faro (Sé e São Pedro) · 38b65b | Active | €370,000 | €4,022 | 13.6% | 78 | 57 |
| rua Doutor Olímpio Passos Valente, 15 | Active | €445,000 | €3,904 | 10.2% | 80 | 60 |
| rua Engenheiro José Campos Coroa | Active | €370,000 | €3,895 | 10.0% | 78 | 66 |
| Median comp | €407,500 | €3,919 | 10.6% | 78 | 63 |
Short-term vacation rental With its geographical proximity to the Algarve coast, this 2-bed apartment in Faro presents strong potential as a short-term vacation rental property. The current market conditions and fair value indicate that it could generate attractive returns, appealing to tourists seeking accommodation. Buy-and-hold This property represents a strategic buy-and-hold investment opportunity, bolstered by the stability of the tourism sector in Faro. With a fair value indicating an appreciation potential, the investment can yield consistent returns over time. Family rental Given the appealing neighborhood amenities and the apartment’s size, it is well-suited for family rentals, attracting long-term tenants looking for quality housing. The fair valuation reflects the potential for stable rental income, making it a viable option for landlords targeting families.
Economic fluctuation risk The economic stability score of 65/100 indicates potential vulnerabilities, which may impact tenant retention and rental income stability.
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
