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 house of 195 m², energy rating C. Located on urbanização Morgado Lameira, 16, Alcantarilha e Pêra parish, Silves municipality, Faro district. Noteworthy Features: This villa includes two covered terraces for outdoor dining and a private pool, enhancing its luxurious lifestyle while offering ample relaxation space in the sun.
The valuation. The asking price of €1,100,000 exceeds the fair value of €416,091 by €683,909 (62.2%). This property is clearly overpriced and does not present an attractive investment opportunity. Buy-to-flip angle. A buy-to-flip strategy may not generate significant profit, as potential renovations would unlikely yield returns that justify the initial €1,100,000 investment. Buy-to-let angle. With an estimated gross yield of 2.4% (~€2,200/month), the property's rental income potential is relatively low compared to local market standards, making it less appealing for buy-and-hold strategies.
Fair value modelled at €416,091 from the area baseline, adjusted for condition and location. Asking €1,100,000 sits €683,909 (62.2%) above — overpriced versus fair value.
Asking €1,100,000 versus the urbanização Morgado Lameira, 16 area baseline of €362,700 (€1,860/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 (Condition 85 · Materials 88 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 80 · Amenities 70 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
urbanização Morgado Lameira, 16
Area baseline €362,700 + condition +€24,375 + location +€29,016 = modelled fair value of €416,091 (€2,134/m²), a €683,909 (62.2%) gap versus the €1,100,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| urbanização Morgado Lameira, 16 | Subject | €1,100,000 | €5,641 | — | 85 | 70 |
| Silves · 6fbc70 | Active | €794,999 | €5,559 | 1.4% | 75 | 72 |
| Alcantarilha e Pêra · 4b97ce | Active | €318,000 | €2,650 | 53.0% | 72 | 70 |
| Alcantarilha e Pêra · 4bc18d | Active | €425,000 | €2,742 | 51.4% | — | 75 |
| Alcantarilha e Pêra · 4ba660 | Active | €1,295,000 | €6,108 | 8.3% | 70 | 72 |
| Median comp | €610,000 | €4,151 | 26.4% | 72 | 72 |
Short-term vacation rental The high listing price of €1,100,000 exceeds the fair value of €416,091 by 62.2%, indicating that the property is overpriced. With a gross yield of just 2.4%, it may not attract the high occupancy rates typical for a successful vacation rental. Buy-and-hold Given the significant gap between the listing price and fair value, purchasing this property for buy-and-hold purposes appears to be a poor investment decision. Investors may face challenges in realizing capital appreciation in an overpriced market position like this one. Value-add renovation While renovations could improve property value, the current listing price significantly above fair value suggests a lack of investment potential. The expected return on investment may not justify the high initial cost of acquisition in this overpriced scenario.
Economic Instability Risk The property's economic stability score of 60/100 indicates a moderate risk of economic fluctuations that could impact rental income and property value.
