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.
4-bedroom, 1-bathroom house of 212 m², energy rating C. Located Alcantarilha e Pêra parish, Silves municipality, Faro district. The property features an impressive illuminated dome over the main staircase, crafted from rustic bricks, enhancing its unique architectural character and charm.
The valuation. The asking price of €1,295,000 significantly exceeds the fair value of €423,720 by €871,280 (67.3%), indicating the property is overpriced and not a viable investment option. Buy-to-flip angle. A buy-to-flip strategy would focus on investing in renovations to justify a selling price closer to the asking, but with such a considerable valuation gap, a successful quick flip is unlikely. Buy-to-let angle. With a gross yield of 2.4% and an estimated rental income of €2,590/month, the potential return on investment through a long-term rental strategy remains unappealing given the property's high acquisition cost.
Fair value modelled at €423,720 from the area baseline, adjusted for condition and location. Asking €1,295,000 sits €871,280 (67.3%) above — overpriced versus fair value.
Asking €1,295,000 versus the Alcantarilha e Pêra, Silves, Faro area baseline of €394,320 (€1,860/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 70 · Materials 75 · Room dimensions 78). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Alcantarilha e Pêra, Silves, Faro
Area baseline €394,320 + condition -€5,300 + location +€34,700 = modelled fair value of €423,720 (€1,999/m²), a €871,280 (67.3%) gap versus the €1,295,000 asking price.
Short-term vacation rental The property is overpriced by 67.3%, which diminishes its attractiveness as a short-term vacation rental, especially given its gross yield of only 2.4%. Its condition and neighbourhood scores suggest that while it is in a tourist zone, the expected return does not justify the investment. Long-term rental With a fair value of €423,720 against a listing price of €1,295,000, this property is significantly overpriced for long-term rental prospects. The low yield of 2.4% indicates that potential rental income will not sufficiently cover the inflated purchase price. Buy-and-hold The significant gap between the listing price and fair value at 67.3% confirms that this property is overpriced for a buy-and-hold investment. While the location is in a desirable tourist area, the low yield and high acquisition cost suggest a poor long-term investment outlook.
Economic Vulnerability The economic stability score of 65/100 indicates a moderate level of risk, suggesting potential fluctuations in market conditions that could influence rental income stability.