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 52 m², built in 1980, energy rating D. Located on rua General Humberto Delgado, Armação de Pêra parish, Silves municipality, Faro district. Noteworthy Features: The apartment boasts south/west solar exposure for abundant natural light and is just a 5-minute walk from the beach. Rental Potential: Updating finishes could significantly enhance market value.
The valuation. The asking price of €215,000 sits €128,372 (59.7%) above the fair value of €86,628, indicating that the property is overpriced in the current market. Buy-to-flip angle. A resale strategy could involve minor renovations to increase appeal, targeting a quick flip at a competitive price after listing during peak tourist seasons. Buy-to-let angle. The estimated rental income of €735/month provides a gross yield of 4.1%, suggesting potential stability for a buy-and-hold investment in this tourism-driven area.
Fair value modelled at €86,628 from the area baseline, adjusted for condition and location. Asking €215,000 sits €128,372 (59.7%) above — overpriced versus fair value.
Asking €215,000 versus the rua General Humberto Delgado area baseline of €195,312 (€3,756/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 (Condition 64 · Materials 60 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 78 · Amenities 75 · Economic 58 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua General Humberto Delgado
Area baseline €195,312 + condition -€10,156 + location +€7,500 = modelled fair value of €86,628 (€1,666/m²), a €128,372 (59.7%) gap versus the €215,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua General Humberto Delgado | Subject | €215,000 | €4,135 | — | 64 | 71 |
| rua das Embarcações, 8A | Active | €289,000 | €4,738 | 14.6% | 65 | 69 |
| avenida Beira Mar | Active | €420,000 | €4,421 | 6.9% | 68 | 65 |
| rua José Moura Lapa | Active | €247,000 | €4,843 | 17.1% | 75 | 74 |
| via Dorsal de Armação de Pêra | Active | €270,000 | €5,192 | 25.6% | — | 67 |
| Median comp | €279,500 | €4,791 | 15.9% | 68 | 68 |
Short-term vacation rental This property is overpriced by 59.7%, which undermines its potential as a short-term vacation rental despite being in a popular tourist area. With a gross yield of only 4.1% and a condition rating of 63/100, the investment is unlikely to deliver satisfactory returns. Buy-and-hold Given the significant gap from the fair value of €86,628, investing in this property as a buy-and-hold strategy is less attractive. The combination of a high purchase price and a moderate yield of 4.1% suggests that long-term appreciation may not offset the initial investment cost. Luxury market While located in a desirable coastal region, this 1-bed apartment's price indicates it is not aligned with luxury market expectations, evidenced by its significant overpricing. With a neighborhood rating of 71/100 and a fair value that is substantially lower, it fails to represent a compelling investment opportunity in the luxury sector.
Economic vulnerability The economic stability score of 58/100 indicates a higher risk of market fluctuations that could impact rental income and property value.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
