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 house of 143 m², built in 2003, energy rating D. Located Silves parish, Silves municipality, Faro district. This property features a unique natural water mirror with riparian vegetation, providing a serene outdoor contemplative space amidst its mature gardens and orchards.
The valuation. The asking price of €794,999 is significantly higher than the fair value of €273,841, resulting in a disparity of €521,158 or 65.6%. This property is considered overpriced.
Fair value modelled at €273,841 from the area baseline, adjusted for condition and location. Asking €794,999 sits €521,158 (65.6%) above — overpriced versus fair value.
Asking €794,999 versus the Silves, Silves, Faro area baseline of €368,082 (€2,574/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 72/100 (Housing Market 80 · Amenities 75 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Silves, Silves, Faro
Area baseline €368,082 + condition +€6,703 + location +€21,607 = modelled fair value of €273,841 (€1,915/m²), a €521,158 (65.6%) gap versus the €794,999 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Silves · 6fbc70 | Subject | €794,999 | €5,559 | — | 75 | 72 |
| Silves · 0dcf1f | Active | €1,080,000 | €3,612 | 35.0% | 75 | 68 |
| urbanização Morgado Lameira, 16 | Active | €1,100,000 | €5,641 | 1.5% | 85 | 70 |
| rua de Vala | Active | €835,000 | €5,880 | 5.8% | 78 | 64 |
| rua das Quintas | Active | €270,000 | €3,506 | 36.9% | 70 | 65 |
| Median comp | €957,500 | €4,627 | 16.8% | 77 | 67 |
Short-term vacation rental The property is overpriced at €794,999 despite being in a popular tourist region with a strong seasonal rental market, as evidenced by a significant gap from the fair value of €273,841. With a gross yield of only 2.7%, this investment lacks attractiveness for short-term rentals compared to other opportunities in the area. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable given its current price of €794,999, which exceeds the fair value by 65.6%. The potential for a modest appreciation coupled with a low gross yield of 2.7% does not justify the high purchase price in the long term. Value-add renovation While the property may seem appealing for a value-add renovation strategy, the current listing price of €794,999 starkly contrasts with its fair value of €273,841, indicating it is overpriced. The existing condition score of 78/100 suggests there may be room for improvement, but the risk of overpaying is substantial with such a significant valuation gap.
Economic Vulnerability With an economic stability score of 60/100, there is a risk of downturns in the local economy affecting rental incomes 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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