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 apartment of 334 m², built in 2026. Located Silves parish, Silves municipality, Faro district. Noteworthy Features: This apartment boasts a private terrace with a heated pool, and the resort offers unique amenities, including a wellness center with a Spa and Jacuzzis.
The valuation. The asking price of €1,600,000 exceeds the fair value of €658,181 by €941,819, or 58.9%. This property is thus considered overpriced. Buy-to-flip angle. A buy-to-flip strategy may not be viable, given its significant overvaluation and the need for market correction before resale. Buy-to-let angle. The projected gross yield is 0%, indicating that long-term rental income is currently non-existent, which suggests this is not an optimal buy-to-let investment.
Fair value modelled at €658,181 from the area baseline, adjusted for condition and location. Asking €1,600,000 sits €941,819 (58.9%) above — overpriced versus fair value.
Asking €1,600,000 versus the Silves, Silves, Faro area baseline of €859,716 (€2,574/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 80 · Materials 85 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 74). Strong amenities and housing-market momentum support a premium to baseline.
Silves, Silves, Faro
Area baseline €859,716 + condition +€36,531 + location +€48,172 = modelled fair value of €658,181 (€1,971/m²), a €941,819 (58.9%) gap versus the €1,600,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Silves · 93745d | Subject | €1,600,000 | €4,790 | — | 80 | 71 |
| rua da Hortelã, 119 | Active | €295,000 | €2,092 | 56.3% | 70 | 71 |
| Silves · f35ea5 | Active | €295,000 | €2,757 | 42.4% | 78 | 67 |
| rua Cruz de Portugal S / N | Active | €295,000 | €3,352 | 30.0% | 78 | 63 |
| largo dos Mártires da Pátria | Active | €280,000 | €2,887 | 39.7% | 72 | 68 |
| Median comp | €295,000 | €2,822 | 41.1% | 75 | 68 |
Short-term vacation rental The property is overpriced, making it a less attractive option for short-term vacation rentals, which thrive on competitive pricing to attract tourism. With a gross yield of 0%, the investment won’t provide the expected return from a lucrative tourist-driven market. Buy-and-hold Given the significant gap of 58.9% from fair value, investing in this property as a buy-and-hold strategy would not be advisable, as it requires a long-term commitment without immediate appreciation potential. The stagnant yield and high initial cost deter any justification for long-term ownership in this tourism-focused market. Long-term rental The current asking price positions the property as overpriced for long-term rental purposes, particularly in a neighborhood influenced primarily by tourism. A yield of 0% indicates that this investment unlikely to generate sustainable income in a competitive rental environment, given the price differential from fair value.
Economic Downturn Risk A score of 65/100 in economic stability indicates a moderate risk of economic downturn, which could lead to decreased rental income and higher vacancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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