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.
1-bedroom, 1-bathroom apartment of 79 m², built in 2005, energy rating D. Located on rua 20 de Junho, Armação de Pêra parish, Silves municipality, Faro district. Noteworthy Features: This apartment boasts a spacious balcony that serves as an extension of the living area, ideal for entertaining and enjoying outdoor leisure in a tranquil setting.
The valuation. The asking price of €275,000 is significantly above the fair value of €150,815, representing an overpricing of €124,185 or 45.2%. This indicates a risky investment given the current market conditions.
Fair value modelled at €150,815 from the area baseline, adjusted for condition and location. Asking €275,000 sits €124,185 (45.2%) above — overpriced versus fair value.
Asking €275,000 versus the rua 20 de Junho area baseline of €296,724 (€3,756/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 80 · Materials 75 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua 20 de Junho
Area baseline €296,724 + condition +€4,320 + location +€10,851 = modelled fair value of €150,815 (€1,909/m²), a €124,185 (45.2%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua 20 de Junho | Subject | €275,000 | €3,481 | — | 80 | 70 |
| beco Casino Velho S / N | Active | €265,000 | €3,897 | 12.0% | 75 | 72 |
| rua José Moura Lapa | Active | €247,000 | €4,843 | 39.1% | 75 | 74 |
| rua das Embarcações, 8A | Active | €289,000 | €4,738 | 36.1% | 65 | 69 |
| Porches · 6fbc1a | Active | €310,000 | €3,690 | 6.0% | 80 | 74 |
| Median comp | €277,000 | €4,318 | 24.0% | 75 | 73 |
Short-term vacation rental The property’s pricing at €275,000 is significantly above our calculated fair value of €150,815, making it an unattractive investment for short-term rental strategy. Additionally, the gross yield of 3.7% does not compensate for the potential risks associated with seasonal occupancy fluctuations in a tourist-focused area like Armação de Pêra. Buy-and-hold At a listing price representing a 45.2% gap from fair value, this apartment is not a viable buy-and-hold investment as long-term appreciation is unlikely in an overpriced market. The combination of a moderate condition rating of 79 and a neighborhood score of 70 further diminishes the attractiveness of holding this asset for potential future gains.
Economic Vulnerability With an economic stability score of 65/100, there is a risk of market fluctuations that could negatively impact property values and rental income. Tenant Instability The tenant stability score of 70/100 indicates that tenants may be at risk of higher turnover, which could lead to increased vacancy rates and additional costs associated with finding new renters.
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