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.
0-bedroom, 0-bathroom apartment of 135 m². Located Algoz e Tunes parish, Silves municipality, Faro district. Noteworthy Features: This apartment features a remarkable 30m2 balcony ideal for entertaining, along with two dedicated parking spaces for added convenience in a busy village setting.
The valuation. The asking price of €390,000 is significantly above the fair value of €276,833, reflecting an excessive premium of €113,167 (29.0%). This property is overpriced and does not present a justified investment opportunity.
Fair value modelled at €276,833 from the area baseline, adjusted for condition and location. Asking €390,000 sits €113,167 (29.0%) above — overpriced versus fair value.
Asking €390,000 versus the Algoz e Tunes, Silves, Faro area baseline of €418,230 (€3,098/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 75 · Materials 80 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Algoz e Tunes, Silves, Faro
Area baseline €418,230 + condition +€4,641 + location +€21,092 = modelled fair value of €276,833 (€2,051/m²), a €113,167 (29.0%) gap versus the €390,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Algoz e Tunes · dee5dd | Subject | €390,000 | €2,889 | — | 75 | 71 |
| Alcantarilha e Pêra · de0c24 | Active | €370,000 | €5,692 | 97.0% | 70 | 74 |
| rua da Igreja, 54B | Active | €320,000 | €3,765 | 30.3% | 75 | 70 |
| Algoz e Tunes · ba3ea6 | Active | €239,500 | €3,863 | 33.7% | — | 64 |
| Algoz e Tunes · 261ecb | Active | €363,000 | €2,927 | 1.3% | 73 | 70 |
| Median comp | €341,500 | €3,814 | 32.0% | 73 | 70 |
Short-term vacation rental The property in Algoz e Tunes is overpriced at €390,000, given the fair value assessment of €276,833, reflecting a significant 29.0% gap. With a yield of 0% gross, the property does not align with the ideal financial returns typically sought in vacation rentals. Buy-and-hold At a listing price of €390,000, the apartment fails to present a compelling investment case for a buy-and-hold strategy, as its fair value suggests a considerable overpricing of 29.0%. The potential for long-term appreciation is hindered by the lack of a rental yield and high purchase cost relative to market value. Family rental Despite being located in a tourist-friendly area, the €390,000 listing price signifies that the property is overpriced, with a fair value of only €276,833, which presents a notable 29.0% gap. Additionally, the apartment's low gross yield of 0% and decent but not exceptional neighborhood ratings do not justify this price for a family rental investment.
Economic and Tenant Stability Risk: With both economic and tenant stability scores at 65/100, there is an elevated risk of fluctuating rental income due to potential economic downturns or tenant turnover issues.
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