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.
4-bedroom, 3-bathroom house of 160 m², built in 1994, energy rating D. Located Silves parish, Silves municipality, Faro district. This property features quality aluminum doors and windows with double glazing, ensuring excellent insulation while providing access to multiple private balconies, enhancing outdoor enjoyment and natural light.
The valuation. The asking price of €380,000 sits significantly above the fair value of €304,558, with a difference of €75,442 (19.9%). This property is considered overpriced in the current market. Buy-to-flip angle. A resale strategy could target potential buyers looking for a modern, high-quality home, but current pricing may hinder profitability in a market seeking value. Buy-to-let angle. With a gross yield of 0% and strong seasonal tourism, a short-term vacation rental strategy could exploit high demand, yet economic stability is a concern due to dependence on seasonal employment.
Fair value modelled at €304,558 from the area baseline, adjusted for condition and location. Asking €380,000 sits €75,442 (19.9%) above — overpriced versus fair value.
Asking €380,000 versus the Silves, Silves, Faro area baseline of €274,720 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 80 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 61/100 (Housing Market 70 · Amenities 60 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Silves, Silves, Faro
Area baseline €274,720 + condition +€17,750 + location +€12,088 = modelled fair value of €304,558 (€1,903/m²), a €75,442 (19.9%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Silves · 6fbddb | Subject | €380,000 | €2,375 | — | 80 | 61 |
| Silves · 023943 | Active | €575,000 | €2,255 | 5.1% | 72 | 80 |
| Silves · 93764d | Active | €1,390,000 | €5,744 | 141.8% | 85 | 65 |
| Silves · 09013f | Active | €430,000 | €4,778 | 101.2% | 74 | 66 |
| Silves · dee52d | Active | €280,000 | €2,276 | 4.2% | 70 | 66 |
| Median comp | €502,500 | €3,527 | 48.5% | 73 | 66 |
Short-term vacation rental The property's listing price of €380,000 is 19.9% above its fair value of €304,558, indicating it is overpriced for a short-term vacation rental market that is heavily reliant on tourism. Given the 0% gross yield and economic instability tied to seasonal employment, this investment is unlikely to generate desirable returns. Buy-and-hold With the property's fair value at €304,558 and a premium of 19.9% over this amount, it is overpriced for a buy-and-hold strategy. The 0% gross yield coupled with a neighbourhood score of 61/100 suggests limited potential for appreciation and cash flow stability over time. Family rental At a price of €380,000, the property stands 19.9% over its fair value, making it an overpriced option for family rental purposes. The local economic conditions and a neighbourhood rating of 61/100 may hinder the attractiveness and sustainability of this investment in the long-term rental market.
Economic Vulnerability With an economic stability score of 50/100, there is a significant risk that economic downturns could negatively impact tenant occupancy and rental income.
