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 country_house of 219 m², built in 1950, energy rating G. Located Faro (Sé e São Pedro) parish, Faro municipality, Faro district. Noteworthy Features: This property offers a unique opportunity with its traditional mid-century style and the potential for conversion into a hostel or local accommodation due to its central location and three-street access.
The valuation. The asking price of €550,000 is significantly below the fair value of €1,288,363, indicating an underpriced investment opportunity with a difference of €738,363 (57.3%).
Fair value modelled at €1,288,363 from 6 comparable sales in the area. Asking €550,000 sits €738,363 (57.3%) below — the upside to fair value.
Asking €550,000 versus the Faro (Sé e São Pedro), Faro, Faro area baseline of €1,229,773 (€5,615/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 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 €1,229,773, adjusted for condition and micro-location, gives a modelled fair value of €1,288,363 (€5,883/m²), a €738,363 (57.3%) gap versus the €550,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Faro (Sé e São Pedro) · bf222f | Subject | €550,000 | €2,511 | — | — | 64 |
| Faro (Sé e São Pedro) · 9af7ee | Active | €1,100,000 | €12,360 | 392.1% | — | 61 |
| Faro (Sé e São Pedro) · 3750b4 | Active | €1,000,000 | €4,000 | 59.3% | 74 | 52 |
| autoestrada N125, 141A | Active | €850,000 | €7,083 | 182.0% | — | 64 |
| rua Frederico Lecor | Active | €295,000 | €4,683 | 86.5% | 25 | 67 |
| Median comp | €925,000 | €5,883 | 134.3% | 50 | 63 |
Long-term rental With a fair value significantly higher than the listing price, this property represents a solid opportunity for long-term rental investments, attracting stable tenants looking for spacious accommodations in a semi-rural setting. The 4.1% gross yield indicates potential for strong cash flow, particularly given the favourable conditions of the Algarve region. Short-term vacation rental The property’s strategic location in the Algarve, coupled with its substantial gap from the fair value, positions it as an attractive short-term vacation rental investment, catering to tourists seeking country getaways. The existing condition and moderate neighborhood ratings suggest it can generate good occupancy rates throughout the peak tourism season. Buy-and-hold As an asset with a fair value of €1,288,363 compared to a listing price of €550,000, this property provides high appreciation potential for a buy-and-hold investment strategy, making it a wise choice for long-term wealth accumulation. While the current condition and neighborhood score may warrant attention, the significant value upside within the market suggests strong future equity growth.
Economic Vulnerability The economic stability score of 60/100 indicates a potential risk of downturns that could affect rental income and overall investment return. Tenant Turnover Risk A tenant stability score of 65/100 suggests a moderate risk of tenant turnover, which could lead to increased vacancy rates and associated costs.
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
