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, 3-bathroom house of 172 m², built in 2010, energy rating C. Located Algoz e Tunes parish, Silves municipality, Faro district. Noteworthy Features: The property includes a basement currently utilized as a gym and games room, adding unique recreational space to the home. Leisure Zone: The outdoor area is designed for social gatherings with a built-in BBQ, ideal for entertaining.
The valuation. The asking price of €575,000 exceeds the fair value of €331,245 by €243,755 (42.4%), indicating the property is overpriced. This discrepancy suggests a potential misalignment in market expectations and actual value.
Fair value modelled at €331,245 from the area baseline, adjusted for condition and location. Asking €575,000 sits €243,755 (42.4%) above — overpriced versus fair value.
Asking €575,000 versus the Algoz e Tunes, Silves, Faro area baseline of €319,920 (€1,860/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 75 · Materials 74 · Room dimensions 73). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 62/100 (Housing Market 70 · Amenities 60 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Algoz e Tunes, Silves, Faro
Area baseline €319,920 + condition -€4,031 + location +€15,356 = modelled fair value of €331,245 (€1,926/m²), a €243,755 (42.4%) gap versus the €575,000 asking price.
Short-term vacation rental The property is overpriced at €575,000, with a fair value significantly lower at €331,245, presenting a 42.4% gap. Additionally, with a gross yield of only 3.8%, the potential returns do not justify the high listing price in a primarily seasonal economy. Buy-and-hold Given the current listing price of €575,000, this investment is overpriced compared to its fair value of €331,245, indicating a substantial gap of 42.4%. With the property condition rated at 74/100 and the surrounding neighborhood at 62/100, the investment presents limited long-term growth potential. Family rental The family rental strategy appears ill-suited for this property priced at €575,000, which is significantly above its fair value of €331,245, reflecting a 42.4% discrepancy. Given the neighborhood score of 62/100 and a gross yield of 3.8%, potential returns for a family rental would be suboptimal in the current market conditions.
Low Economic Resilience The economic stability score of 55 indicates potential vulnerabilities in market performance, which could impact rental income and property values adversely over time.
