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, 3-bathroom house of 255 m², built in 2009, energy rating C. Located Silves parish, Silves municipality, Faro district. Noteworthy Features: This townhouse features a private pool and multiple outdoor leisure areas, including a barbecue setup, enhancing its appeal for social gatherings and relaxation amidst nature.
The valuation. The asking price of €575,000 sits €82,633 (14.4%) above the fair value of €492,367, indicating the property is overpriced in the current market. This discrepancy suggests potential buyers may need to negotiate significantly to reach a fair deal.
Fair value modelled at €492,367 from the area baseline, adjusted for condition and location. Asking €575,000 sits €82,633 (14.4%) above — overpriced versus fair value.
Asking €575,000 versus the Silves, Silves, Faro area baseline of €437,835 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 80 · Room dimensions 74). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 80/100 (Housing Market 80 · Amenities 80 · Economic 75 · Tenant Quality 85). Strong amenities and housing-market momentum support a premium to baseline.
Silves, Silves, Faro
Area baseline €437,835 + condition +€1,992 + location +€52,540 = modelled fair value of €492,367 (€1,931/m²), a €82,633 (14.4%) gap versus the €575,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Silves · 023943 | Subject | €575,000 | €2,255 | — | 72 | 80 |
| Silves · 6fbddb | Active | €380,000 | €2,375 | 5.3% | 80 | 61 |
| Silves · 09013f | Active | €430,000 | €4,778 | 111.9% | 74 | 66 |
| Silves · 6d5373 | Active | €325,000 | €2,778 | 23.2% | 75 | 64 |
| via Donkey Carts | Active | €895,000 | €3,416 | 51.5% | 78 | 64 |
| Median comp | €405,000 | €3,097 | 37.3% | 77 | 64 |
Short-term vacation rental The property is priced at €575,000, which exceeds its fair value of €492,367 by 14.4%, indicating it is overpriced for the short-term vacation rental market. Despite a strong yield of 8.8% gross and favorable condition ratings, the asking price may hinder potential profitability in this competitive sector. Luxury market The current listing price of €575,000 positions this property above the fair value of €492,367, showcasing its overpriced status in the luxury market. Although the neighborhood offers good amenities and a solid reputation, the gap from fair value suggests that discerning luxury buyers could find better options elsewhere. Buy-and-hold With a fair value of €492,367 and a current listing price of €575,000, this property is overpriced for a buy-and-hold investment strategy. The expected 8.8% yield may not justify the purchase cost, especially when considering long-term value appreciation potential may be limited in the current market conditions.
Economic Vulnerability The economic stability score of 75/100 indicates a moderate risk of economic downturn, which could affect rental income and property value.
