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.
2-bedroom, 2-bathroom house of 117 m², built in 1951. Located Silves parish, Silves municipality, Faro district. Noteworthy Features: This property boasts a traditional Portuguese cobblestone terrace with unobstructed views of the countryside and mountains, perfect for al fresco dining and leisure activities.
The valuation. The asking price of €325,000 is significantly above the fair value of €217,989, indicating an overpriced property by €107,011 (32.9%). This disparity suggests that potential investors may need to negotiate aggressively to achieve a better purchase price.
Fair value modelled at €217,989 from the area baseline, adjusted for condition and location. Asking €325,000 sits €107,011 (32.9%) above — overpriced versus fair value.
Asking €325,000 versus the Silves, Silves, Faro area baseline of €200,889 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 77). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 64/100 (Housing Market 75 · Amenities 65 · Economic 60 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
Silves, Silves, Faro
Area baseline €200,889 + condition +€5,850 + location +€11,250 = modelled fair value of €217,989 (€1,863/m²), a €107,011 (32.9%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Silves · 6d5373 | Subject | €325,000 | €2,778 | — | 75 | 64 |
| rua das Quintas | Active | €270,000 | €3,506 | 26.2% | 70 | 65 |
| Silves · ba57d8 | Active | €245,000 | €4,900 | 76.4% | 78 | 65 |
| Silves · 09013f | Active | €430,000 | €4,778 | 72.0% | 74 | 66 |
| Silves · 023943 | Active | €575,000 | €2,255 | 18.8% | 72 | 80 |
| Median comp | €350,000 | €4,142 | 49.1% | 73 | 66 |
Short-term vacation rental The property’s listing price of €325,000 presents a 32.9% gap against the fair value of €217,989, indicating it is overpriced for potential vacation rental margins. Given the gross yield of 5.4%, investors may find it challenging to achieve satisfactory returns in a competitive rental market in the Algarve. Buy-and-hold With a fair value of €217,989 compared to the asking price of €325,000, this property is overpriced, which could hinder long-term appreciation potential. Additionally, the neighborhood score of 64/100 raises concerns about future demand in an already competitive buy-and-hold market. Family rental Listing at €325,000, the house is significantly above its fair value of €217,989, suggesting it is overpriced for families seeking rental accommodations. The property’s 78/100 condition is respectable, yet coupled with high pricing, it may deter potential family tenants willing to pay top-tier rental rates.
Economic vulnerability due to low scores: With an economic stability score of 60/100 and a tenant stability score of 55/100, the property faces increased risk of fluctuating rental income and possible vacancies, which may impact overall profitability.