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 house of 127 m², built in 1951, energy rating E. Located Algoz e Tunes parish, Silves municipality, Faro district. Noteworthy Features: The property includes a Velux window in the living area, enhancing natural light, and a south-facing outdoor space, perfect for enjoying the Algarve sun.
The valuation. The asking price of €350,000 is significantly above the fair value of €269,121, resulting in a markup of €80,879, or 23.1%. This property is deemed overpriced.
Fair value modelled at €269,121 from the area baseline, adjusted for condition and location. Asking €350,000 sits €80,879 (23.1%) above — overpriced versus fair value.
Asking €350,000 versus the Algoz e Tunes, Silves, Faro area baseline of €236,220 (€1,860/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 80 · Materials 82 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 76/100 (Housing Market 80 · Amenities 80 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Algoz e Tunes, Silves, Faro
Area baseline €236,220 + condition +€8,334 + location +€24,567 = modelled fair value of €269,121 (€2,119/m²), a €80,879 (23.1%) gap versus the €350,000 asking price.
Short-term vacation rental Given the high purchase price of €350,000, the potential gross yield of 4.2% may not be sufficient to justify the investment, especially as the property is overpriced by 23.1% against its fair value. With the local economy reliant on tourism, competition in this segment is fierce, making it a less appealing option. Long-term rental The current pricing at €350,000 results in an unattractive yield of 4.2%, particularly when compared to the fair value of €269,121, indicating the property is overpriced by 23.1%. In a neighbourhood that scores 76/100, tenant demand is present, but the investment's high entry cost may limit overall profitability. Buy-and-hold Investing in this property at €350,000, which is overpriced by 23.1%, suggests that any anticipated appreciation may not compensate for the initial high cost given the fair value of €269,121. The solid neighbourhood rating of 76/100 provides some long-term stability, but the hefty investment might hinder expected returns. Not ideal for: This property is not well-suited for student housing or luxury market segments due to its current pricing structure and yield limitations. Furthermore, industrial investment considerations are irrelevant given the residential nature of the house and the surrounding area.
Potential Tenant Turnover The combination of a tenant stability score of 70/100 indicates a moderate risk of tenant turnover, which could disrupt cash flow.
