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 60 m², built in 1974, energy rating D. Located on avenida General Humberto Delgado, Armação de Pêra parish, Silves municipality, Faro district. Noteworthy Features: The apartment is ideally located just steps from the beach and boasts stunning sea views that enhance the potential for future appreciation.
The valuation. The asking price of €298,000 is significantly above its fair value of €94,289, representing an excessive premium of €203,711 (68.4%). This valuation indicates the property is overpriced and not aligned with market standards.
Fair value modelled at €94,289 from the area baseline, adjusted for condition and location. Asking €298,000 sits €203,711 (68.4%) above — overpriced versus fair value.
Asking €298,000 versus the avenida General Humberto Delgado area baseline of €225,360 (€3,756/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 53/100 (Condition 50 · Materials 55 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 80/100 (Housing Market 80 · Amenities 80 · Economic 75 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
avenida General Humberto Delgado
Area baseline €225,360 + condition -€21,094 + location +€12,362 = modelled fair value of €94,289 (€1,571/m²), a €203,711 (68.4%) gap versus the €298,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida General Humberto Delgado | Subject | €298,000 | €4,967 | — | 50 | 80 |
| rua Quinta da Saudade, 6 | Active | €310,000 | €3,875 | 22.0% | — | 73 |
| Armação de Pêra · ac994f | Active | €398,000 | €3,317 | 33.2% | 65 | 69 |
| rua General Humberto Delgado | Active | €215,000 | €4,135 | 16.8% | 64 | 71 |
| rua Álvaro Gomes, 3 | Active | €350,000 | €3,211 | 35.3% | 60 | 73 |
| Median comp | €330,000 | €3,596 | 27.6% | 64 | 72 |
Short-term vacation rental This property, with an asking price of €298,000, significantly exceeds its fair value of €94,289, indicating a substantive gap of 68.4%. Given the gross yield of 3.6% and the condition rating of 53/100, this investment is not advisable for short-term vacation rental opportunities. Buy-and-hold At €298,000, this property is priced well above its fair value of €94,289, creating a significant investment gap of 68.4%. Considering its current yield of 3.6% and condition score of 53/100, it would be unwise to pursue a buy-and-hold strategy for this property. Luxury market The listing price of €298,000 is considerably over the fair value of €94,289, resulting in a notable disparity of 68.4%. With a gross yield of only 3.6% and a condition rating of 53/100, this property does not align with the expectations of the luxury market. Not ideal for Student housing, Agricultural investments, and Industrial development. This property lacks the structural and locational attributes that would make it suitable for these types of investments.
Economic vulnerability The property has an economic stability score of 75/100, indicating a potential risk to long-term investment performance due to economic fluctuations.
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