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, 2-bathroom house of 90 m², built in 1951. Located Silves parish, Silves municipality, Faro district. Noteworthy Features: This property boasts a cozy living room with a fireplace and a private balcony off one bedroom for tranquil outdoor relaxation. Outside Features: It includes a spacious backyard with a BBQ area, ideal for gatherings.
The valuation. The asking price of €430,000 is significantly above the fair value of €159,076, resulting in an overpriced verdict of €270,924 or 63.0% overvaluation. This discrepancy highlights potential challenges for prospective investors looking for value.
Fair value modelled at €159,076 from the area baseline, adjusted for condition and location. Asking €430,000 sits €270,924 (63.0%) above — overpriced versus fair value.
Asking €430,000 versus the Silves, Silves, Faro area baseline of €231,660 (€2,574/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 (Condition 74 · Materials 72 · Room dimensions 69). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 66/100 (Housing Market 75 · Amenities 70 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Silves, Silves, Faro
Area baseline €231,660 + condition -€5,344 + location +€9,890 = modelled fair value of €159,076 (€1,768/m²), a €270,924 (63.0%) gap versus the €430,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Silves · 09013f | Subject | €430,000 | €4,778 | — | 74 | 66 |
| rua das Quintas | Active | €270,000 | €3,506 | 26.6% | 70 | 65 |
| rua Dom Afonso III S / N | Active | €185,000 | €3,304 | 30.9% | — | 76 |
| Silves · 023943 | Active | €575,000 | €2,255 | 52.8% | 72 | 80 |
| Silves · 93764d | Active | €1,390,000 | €5,744 | 20.2% | 85 | 65 |
| Median comp | €422,500 | €3,405 | 28.7% | 72 | 71 |
Short-term vacation rental The property is overpriced at €430,000 compared to a fair value of €159,076, indicating a significant 63% gap. Furthermore, with a gross yield of 0%, it does not present an attractive investment in the competitive tourist market of nearby Albufeira. Buy-and-hold With a fair value significantly lower than the listing price, this house does not represent a viable buy-and-hold investment, as it is overpriced by €270,924. The current condition rating of 71/100 and the lack of yield further diminish its long-term potential for appreciation. Family rental Valued at €430,000 but fairly worth €159,076, this property is overpriced by a considerable margin. Additionally, the neighborhood's score of 66/100 suggests limited appeal as a family rental, which is compounded by the absence of any expected rental yield.
Economic-tenant instability risk: With both the economic stability and tenant stability scores at 60/100, there is a significant risk of fluctuations in occupancy and rental income, potentially affecting cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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