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 496 m², energy rating E. Located on rua de Poço Fundo, Silves parish, Silves municipality, Faro district. Noteworthy Features: This property boasts a substantial 1880m² total area, including rustic and urban articles, offering potential for cultivation or further construction.
The valuation. The asking price of €370,000 is significantly below the fair value of €542,482, presenting a discrepancy of €172,482 (46.6%). This indicates the property is underpriced, offering an advantageous entry point for investors.
Fair value modelled at €542,482 from the area baseline, adjusted for condition and location. Asking €370,000 sits €172,482 (46.6%) below — the upside to fair value.
Asking €370,000 versus the rua de Poço Fundo area baseline of €1,276,704 (€2,574/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 25/100 (Condition 20 · Materials 30 · Room dimensions 30). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 80 · Amenities 70 · Economic 55 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua de Poço Fundo
Area baseline €1,276,704 + condition -€387,500 + location +€78,350 = modelled fair value of €542,482 (€1,094/m²), a €172,482 (46.6%) gap versus the €370,000 asking price.
Short-term vacation rental This property in Silves is ideally positioned to capitalize on the thriving tourism market in the Algarve, with a fair value that is 46.6% above its listing price indicating significant potential. Despite a current gross yield of 0% and a condition rating of only 25 out of 100, the demand for vacation rentals can drive revenue once renovations enhance its appeal. Buy-and-hold Investing in this property could be a strategic move, given the 46.6% gap to fair value which exemplifies the long-term appreciation potential in the Silves area. The neighbourhood's strong rating of 73 out of 100 supports the decision to hold the property for future value increase, despite its current less favorable condition. Value-add renovation This property presents a compelling value-add opportunity, with the potential for substantial equity growth due to its fair value being 46.6% higher than the list price. Renovating the house from its current condition rating of 25 out of 100 can significantly enhance its market appeal and profitability in the vibrant tourism-driven market of Silves.
Economic Vulnerability The economic stability score of 55/100 indicates a moderate risk of downturns in the local economy impacting rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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