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 64 m², energy rating C. Located on avenida Beira Mar, 9, Armação de Pêra parish, Silves municipality, Faro district. Exceptional feature: The apartment's ocean-facing kitchen is designed to maximize breathtaking sea views while cooking, enhancing the culinary experience with a scenic backdrop. Focal point: The private balcony creates an inviting outdoor retreat for relaxation.**
The valuation. The asking price of €400,000 is significantly above the fair value of €121,360, representing an overvaluation of €278,640 (69.7%). This property is overpriced and does not align with market expectations.
Fair value modelled at €121,360 from the area baseline, adjusted for condition and location. Asking €400,000 sits €278,640 (69.7%) above — overpriced versus fair value.
Asking €400,000 versus the avenida Beira Mar, 9 area baseline of €233,856 (€3,654/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 80 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 67/100 (Housing Market 70 · Amenities 65 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
avenida Beira Mar, 9
Area baseline €233,856 + condition +€4,000 + location +€7,472 = modelled fair value of €121,360 (€1,896/m²), a €278,640 (69.7%) gap versus the €400,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Beira Mar, 9 | Subject | €400,000 | €6,250 | — | 75 | 67 |
| Porches · 6fbc1a | Active | €310,000 | €3,690 | 41.0% | 80 | 74 |
| urbanização Vila Nova | Active | €323,000 | €3,629 | 41.9% | 72 | 71 |
| rua José Moura Lapa | Active | €247,000 | €4,843 | 22.5% | 75 | 74 |
| rua 20 de Junho | Active | €275,000 | €3,481 | 44.3% | 80 | 70 |
| Median comp | €292,500 | €3,660 | 41.4% | 78 | 73 |
Short-term vacation rental The property’s high price of €400,000 with a fair value of only €121,360 indicates a significant gap of 69.7%, suggesting it is overpriced for the short-term vacation rental strategy. Given the low gross yield of 2.5%, this investment would likely underperform compared to alternatives in the thriving Algarve market. Buy-and-hold With the current valuation at €400,000 and a fair value of €121,360, this property is considerably overpriced for a buy-and-hold investment strategy. The 2.5% gross yield further reinforces this position, as investors typically seek much higher returns for long-term holds, particularly in a tourist-centric area. Family rental At €400,000, the property is overpriced compared to its fair value of €121,360, presenting a significant gap of 69.7% that limits its viability as a family rental investment. The 2.5% gross yield is also insufficient to attract families seeking quality and value in rental housing, especially in a region dependent on tourism.
Economic Dependence Risk The economic stability score of 65/100 indicates potential vulnerability to local economic fluctuations, which may impact tenant retention or rental rates.
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