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 apartment of 95 m², built in 2009, energy rating D. Located Silves parish, Silves municipality, Faro district. Noteworthy Features: This apartment boasts panoramic views of Silves Castle and is located within walking distance to local schools, restaurants, and cultural attractions, enhancing its prime location appeal.
The valuation. The asking price of €255,000 is significantly above the fair value of €169,395, resulting in an overvaluation of €85,605 (33.6%). This approach discourages potential investment due to the inflated initial price.
Fair value modelled at €169,395 from the area baseline, adjusted for condition and location. Asking €255,000 sits €85,605 (33.6%) above — overpriced versus fair value.
Asking €255,000 versus the Silves, Silves, Faro area baseline of €163,115 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 72 · Materials 70 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 70 · Amenities 70 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Silves, Silves, Faro
Area baseline €163,115 + condition -€7,422 + location +€13,702 = modelled fair value of €169,395 (€1,783/m²), a €85,605 (33.6%) gap versus the €255,000 asking price.
Short-term vacation rental The property’s listing price of €255,000 significantly exceeds the fair value of €169,395, indicating it is overpriced for the potential returns. With a gross yield of 0%, pursuing a short-term vacation rental strategy appears risky and unlikely to generate positive cash flow. Buy-and-hold The current market valuation of €255,000 is misaligned with the fair value of €169,395, suggesting that the buy-and-hold strategy could yield unfavorable financial outcomes. Given the property is overpriced and lacks a gross yield, long-term appreciation might not suffice to justify the investment. Family rental At a listing price of €255,000, which is 33.6% above its fair value, the investment is projected to be unprofitable for family rental purposes. The absence of rental yield along with high costs poses a significant concern for sustaining affordability in a family rental strategy.
Economic Vulnerability The economic stability score of 65/100 indicates that the property may be vulnerable to market fluctuations, which could impact rental income and property value.
