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, 1-bathroom house of 124 m², built in 1998, energy rating F. Located Algoz e Tunes parish, Silves municipality, Faro district. This property offers charming outdoor spaces, including a yard with a barbecue and a small terrace with unobstructed views, perfect for entertaining or relaxation.
The valuation. The asking price of €363,000 sits €113,521 (31.3%) above the fair value of €249,479, indicating the property is overpriced. This discrepancy suggests potential challenges for realizing a profitable investment. Buy-to-flip angle. A buy-and-flip strategy may be less favorable here, as the price would require significant appreciation beyond the current fair value to ensure profitable resale. Buy-to-let angle. Renting at an estimated €1,059/month yields a gross rental income of 3.5%, which could appeal to investors looking for stable cash flow, but the rental market's mixed neighborhood rating may limit demand.
Fair value modelled at €249,479 from the area baseline, adjusted for condition and location. Asking €363,000 sits €113,521 (31.3%) above — overpriced versus fair value.
Asking €363,000 versus the Algoz e Tunes, Silves, Faro area baseline of €230,640 (€1,860/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 73 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Algoz e Tunes, Silves, Faro
Area baseline €230,640 + condition +€388 + location +€18,451 = modelled fair value of €249,479 (€2,012/m²), a €113,521 (31.3%) gap versus the €363,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Algoz e Tunes · 261ecb | Subject | €363,000 | €2,927 | — | 73 | 70 |
| Algoz e Tunes · 25f4cf | Active | €465,000 | €4,895 | 67.2% | — | 72 |
| autoestrada N264, 484 | Active | €325,000 | €4,392 | 50.0% | 50 | 70 |
| Algoz e Tunes · ba3ea6 | Active | €239,500 | €3,863 | 32.0% | — | 64 |
| Algoz e Tunes · 937402 | Active | €500,000 | €3,247 | 10.9% | 79 | 74 |
| Median comp | €395,000 | €4,128 | 41.0% | 65 | 71 |
Short-term vacation rental The property, listed at €363,000, is overpriced compared to its fair value of €249,479, indicating a 31.3% gap. With a gross yield of only 3.5%, the investment is unlikely to deliver competitive returns in the saturated short-term rental market of the Algarve. Buy-and-hold Holding this property as a long-term investment is unadvisable, as its valuation exceeds fair market benchmarks by 31.3%. The current gross yield of 3.5% does not justify the purchase given its overpriced status and potential fluctuations in the housing market. Family rental Investing in this property for family rental purposes is not recommended, as it is overpriced at €363,000 against a fair value of €249,479. Additionally, the 3.5% yield suggests limited profitability, especially in a neighborhood with average amenities and tenant quality ratings of 70/100 and 70/100, respectively.
Moderate Economic Risk The property has an economic stability score of 65/100, indicating potential vulnerability to market fluctuations that could impact rental income and property value.
