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.
1-bedroom, 1-bathroom house of 50 m², built in 1951. Located Silves parish, Silves municipality, Faro district. Noteworthy Features: This property includes a charming wooden mezzanine and a private terrace offering scenic views of Silves, perfect for outdoor relaxation. Condition Notes: The interior showcases high-quality finishes and a modern design. Additional Context: Ideal location with proximity to local amenities and the Algarve beaches.
The valuation. The asking price of €245,000 significantly exceeds the fair value of €94,985 by €150,015 (61.2%). This property is overpriced and may deter potential buyers seeking a sensible investment.
Fair value modelled at €94,985 from the area baseline, adjusted for condition and location. Asking €245,000 sits €150,015 (61.2%) above — overpriced versus fair value.
Asking €245,000 versus the Silves, Silves, Faro area baseline of €128,700 (€2,574/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 78 · Materials 82 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 65/100 (Housing Market 70 · Amenities 60 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Silves, Silves, Faro
Area baseline €128,700 + condition +€3,984 + location +€5,151 = modelled fair value of €94,985 (€1,900/m²), a €150,015 (61.2%) gap versus the €245,000 asking price.
Short-term vacation rental This property is overpriced at €245,000, which significantly exceeds its fair value of €94,985, indicating a 61.2% gap. With a gross yield of only 3.3%, the investment return potential in a seasonal tourism market is considerably diminished. Long-term rental Given its current valuation, the property at €245,000 is not a suitable candidate for long-term rental investments, especially considering the fair value of €94,985 and the yield of 3.3%. The demand for long-term rentals can be affected by the seasonal employment nature of the neighborhood, suggesting limited income stability. Buy-and-hold Investing in this property as a buy-and-hold strategy seems unwise, as its price of €245,000 is quite high compared to a fair value of €94,985. The potential appreciation is hampered by the already inflated price and modest yield of 3.3%, leading to concerns about long-term capital growth.
Economic Vulnerability With an economic stability score of 55/100, the property faces potential financial instability which could affect tenant demand and rental income reliability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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