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.
6-bedroom, 1-bathroom house of 128 m². Located Algoz e Tunes parish, Silves municipality, Faro district. Noteworthy Features: This property’s expansive plot of 5,920 m² allows for extensive redevelopment, with up to 6,500 m² of potential construction area in a prime urban location.
The valuation. The asking price of €990,000 significantly exceeds the fair value of €147,136 by €842,864, indicating that this property is overpriced. At €7,734 per square meter, this valuation does not reflect a reasonable market price.
Fair value modelled at €147,136 from the area baseline, adjusted for condition and location. Asking €990,000 sits €842,864 (85.1%) above — overpriced versus fair value.
Asking €990,000 versus the Algoz e Tunes, Silves, Faro area baseline of €238,080 (€1,860/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 18/100 (Condition 12 · Materials 15 · Room dimensions 30). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Algoz e Tunes, Silves, Faro
Area baseline €238,080 + condition -€113,800 + location +€22,856 = modelled fair value of €147,136 (€1,149/m²), a €842,864 (85.1%) gap versus the €990,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Algoz e Tunes · 1e6006 | Subject | €990,000 | €7,734 | — | 12 | 74 |
| Albufeira e Olhos de Água · ba3e39 | Active | €550,000 | €6,111 | 21.0% | — | 72 |
| São Bartolomeu de Messines · 0324a2 | Active | €225,000 | €2,064 | 73.3% | — | 73 |
| Algoz e Tunes · 4ba651 | Active | €280,000 | €1,530 | 80.2% | — | 71 |
| Albufeira e Olhos de Água · 99f3f3 | Active | €1,080,000 | €9,153 | 18.3% | — | 73 |
| Median comp | €415,000 | €4,088 | 47.2% | — | 73 |
Long-term rental The current listing of €990,000 far exceeds the fair value of €147,136, suggesting the property is overpriced by 85.1%. With a gross yield of 0% and a condition score of only 18/100, this property is not suitable for long-term rental investments. Short-term vacation rental Given the extensive gap between the listing price and fair value, this property is overpriced at €990,000, which represents an 85.1% premium. Additionally, the neighborhood score of 74/100 does not sufficiently support the high asking price for a short-term vacation rental strategy. Buy-and-hold The asking price of €990,000 is significantly above the fair value of €147,136, resulting in the property being overpriced by 85.1%. The low condition score of 18/100 further diminishes its attractiveness for a buy-and-hold investment. Not ideal for This property is not appropriate for student housing or luxury market opportunities due to its high price relative to fair value and poor condition. Furthermore, the potential for industrial conversion is limited given the high gap from fair value and inability to yield consistent returns.
Tenant turnover risk The tenant stability score of 75/100 indicates relatively stable tenants, but with a modest economic stability score of 65/100, there is a potential risk of increased turnover if economic conditions worsen, affecting consistent rental income.
