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 studio of 37 m², energy rating A. Located on rua das Embarcações, 8, Armação de Pêra parish, Silves municipality, Faro district. This studio features a pleasant balcony with an unobstructed sea view, enhancing its appeal for leisure and relaxation.
The valuation. The asking price of €232,000 is significantly higher than the fair value of €26,523, marking a disparity of €205,477 (88.6%). This property is considered overpriced.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua das Embarcações, 8 | Subject | €232,000 | €6,270 | — | — | 75 |
| avenida Beira Mar | Active | €420,000 | €4,421 | 29.5% | 68 | 65 |
| Armação de Pêra · 6d5498 | Active | €525,000 | €3,646 | 41.9% | 80 | 70 |
| rua Coronel Joaquim Santos Gomes | Active | €250,000 | €5,000 | 20.3% | — | 72 |
| via Dorsal de Armação de Pêra | Active | €270,000 | €5,192 | 17.2% | — | 67 |
| Median comp | €345,000 | €4,711 | 24.9% | 74 | 69 |
Short-term vacation rental The property in Armação de Pêra, listed at €232,000, is not an attractive option for short-term vacation rentals given its significant gap of 88.6% from the fair value of €26,523. With a gross yield of only 4.1% and a condition score of 0/100, it fails to meet the expectations for profitability in a tourism-driven market. Buy-and-hold Investing in this 1-bed studio as a buy-and-hold strategy is unwise due to its 88.6% overvaluation compared to the fair value of €26,523. The low yield of 4.1% and poor condition score indicate that long-term appreciation potential is significantly hindered in this overpriced market. Family rental The 1-bed studio's listing price of €232,000 reflects an 88.6% premium over its fair value of €26,523, rendering it an unsuitable choice for family rentals. This price significantly undercuts the rental yield at just 4.1%, which is inadequate for attracting stable long-term tenants in a competitive housing market. Not ideal for: Student housing, Luxury market This property also does not align with the demands of student housing or the luxury market, especially at its current overpriced level. Potential for investment returns in these segments is diminished by the studio's valuation of €232,000 vastly exceeding its fair competitive value.
Economic vulnerability With an economic stability score of 70/100, there may be potential fluctuations in local economic conditions that could impact rental demand and property value over time.
