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.
3-bedroom, 2-bathroom duplex of 107 m². Located Silves parish, Silves municipality, Faro district. Unique Feature: This duplex boasts access to a private balcony that connects directly from the kitchen, ideal for outdoor dining and relaxation. Investment Advantage: Its exceptional condition supports immediate rental opportunities for potential investors.
The valuation. The asking price of €295,000 is significantly above the fair value of €200,224, resulting in an overpriced verdict of €94,776 (32.1%). This discrepancy indicates a notable overestimation in the property's market value.
Fair value modelled at €200,224 from the area baseline, adjusted for condition and location. Asking €295,000 sits €94,776 (32.1%) above — overpriced versus fair value.
Asking €295,000 versus the Silves, Silves, Faro area baseline of €275,418 (€2,574/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 78 · Materials 76 · Room dimensions 77). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 67/100 (Housing Market 70 · Amenities 65 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Silves, Silves, Faro
Area baseline €275,418 + condition +€4,013 + location +€12,493 = modelled fair value of €200,224 (€1,871/m²), a €94,776 (32.1%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Silves · f35ea5 | Subject | €295,000 | €2,757 | — | 78 | 67 |
| rua da Hortelã, 119 | Active | €295,000 | €2,092 | 24.1% | 70 | 71 |
| rua Cruz de Portugal S / N | Active | €295,000 | €3,352 | 21.6% | 78 | 63 |
| Silves · 93745d | Active | €1,600,000 | €4,790 | 73.8% | 80 | 71 |
| rua Doutor Nobre de Oliveira, 15 | Active | €250,000 | €2,381 | 13.6% | 55 | 63 |
| Median comp | €295,000 | €2,867 | 4.0% | 74 | 67 |
Short-term vacation rental The property in Silves is not suitable for short-term vacation rental given its overpriced nature and a fair value that is significantly lower than the asking price. With a yield of 0% gross and a reliance on the tourism economy, the high entry cost limits potential profitability in an already seasonal market. Long-term rental Investing in this property for long-term rental is suboptimal due to its being overpriced relative to fair market value, which diminishes the potential return on investment. Additionally, the low yield of 0% gross reflects the property's inability to generate sustainable income, making it a less attractive option in the long-rent sector. Buy-and-hold The buy-and-hold strategy is not advisable for this property as it is overpriced and does not align with fair value estimates. Holding onto a property with a value gap of 32.1% is likely to result in opportunity costs and stagnant investment returns in the long run.
Economic vulnerability The economic stability score of 60/100 indicates potential vulnerability to economic downturns, which could negatively impact rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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