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 77 m². Located Alcantarilha e Pêra parish, Silves municipality, Faro district. Noteworthy Features: This apartment includes spacious glazed balconies designed for optimal sun exposure, framing stunning sea views that enhance the overall living experience. Local Amenities: Within a 10-minute drive to multiple renowned beaches and key services, ensuring a blend of leisure and convenience.
The valuation. The asking price of €340,000 sits significantly above the fair value of €165,781, exceeding it by €174,219 or 51.2%. This indicates the property is overpriced and may not attract serious buyers at this price point.
Fair value modelled at €165,781 from the area baseline, adjusted for condition and location. Asking €340,000 sits €174,219 (51.2%) above — overpriced versus fair value.
Asking €340,000 versus the Alcantarilha e Pêra, Silves, Faro area baseline of €238,546 (€3,098/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 (Condition 85 · Materials 80 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 70 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Alcantarilha e Pêra, Silves, Faro
Area baseline €238,546 + condition +€9,384 + location +€13,176 = modelled fair value of €165,781 (€2,153/m²), a €174,219 (51.2%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alcantarilha e Pêra · 03256b | Subject | €340,000 | €4,416 | — | 85 | 73 |
| Alcantarilha e Pêra · de0c24 | Active | €370,000 | €5,692 | 28.9% | 70 | 74 |
| via Dorsal de Armação de Pêra | Active | €270,000 | €5,192 | 17.6% | — | 67 |
| rua Quinta da Saudade, 6 | Active | €310,000 | €3,875 | 12.2% | — | 73 |
| Armação de Pêra · 6d5498 | Active | €525,000 | €3,646 | 17.4% | 80 | 70 |
| Median comp | €340,000 | €4,534 | 2.7% | 75 | 72 |
Short-term vacation rental The property is likely overpriced at €340,000 given its fair value of €165,781, resulting in a 51.2% gap. Additionally, the gross yield of 0% suggests inadequate potential for returns typical in vacation rental markets. Long-term rental With a fair value significantly lower than the listing price, this apartment's current price point makes it a non-viable option for long-term rental investment. Its condition rating of 83/100 does offer some appeal, but the high entry price undermines potential profitability. Buy-and-hold Investing in this property as a buy-and-hold strategy appears ill-advised given its substantial overpricing at €340,000 versus a fair value of €165,781. The neighbourhood factors, while decent, do not compensate for the lack of value in the purchase price, likely impacting future appreciation negatively.
Economic Pressure Risk: With an economic stability score of 65/100, there is a moderate risk that economic fluctuations could impact rental income and property value.
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