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, 3-bathroom apartment of 138 m², built in 2012, energy rating B. Located Alcantarilha e Pêra parish, Silves municipality, Faro district. This apartment features spacious terraces with panoramic views and direct access to beautifully landscaped gardens, enhancing the living experience in a serene and luxurious environment.
The valuation. The asking price of €495,000 is significantly above the fair value of €294,464, with a difference of €200,536 (40.5%). This property is clearly overpriced, making it a challenging investment opportunity.
Fair value modelled at €294,464 from the area baseline, adjusted for condition and location. Asking €495,000 sits €200,536 (40.5%) above — overpriced versus fair value.
Asking €495,000 versus the Alcantarilha e Pêra, Silves, Faro area baseline of €399,786 (€2,897/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 83 · Materials 88 · Room dimensions 84). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Alcantarilha e Pêra, Silves, Faro
Area baseline €399,786 + condition +€17,250 + location +€20,534 = modelled fair value of €294,464 (€2,134/m²), a €200,536 (40.5%) gap versus the €495,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alcantarilha e Pêra · 9384fa | Subject | €495,000 | €3,587 | — | 83 | 70 |
| rua das Acácias | Active | €410,000 | €3,981 | 11.0% | 73 | 75 |
| Alcantarilha e Pêra · 03256b | Active | €340,000 | €4,416 | 23.1% | 85 | 73 |
| Alcantarilha e Pêra · de0c24 | Active | €370,000 | €5,692 | 58.7% | 70 | 74 |
| urbanização Morgado Lameira, 16 | Active | €1,100,000 | €5,641 | 57.3% | 85 | 70 |
| Median comp | €390,000 | €5,029 | 40.2% | 79 | 74 |
Short-term vacation rental While the location in Algarve suggests high tourist potential, the property is overpriced at €495,000, significantly above its fair value of €294,464. This 40.5% gap indicates that even with tourist demand, the current price does not justify investment for short-term rentals. Buy-and-hold The buy-and-hold strategy is not ideal for this property as its overpriced status diminishes potential long-term appreciation and liquidity. With a yield of 0% gross and a significant disparity from fair value, this investment lacks compelling fundamentals for lasting growth. Family rental For a family rental, the €495,000 price tag exceeds what would typically be viable for the community, making it an unwise investment choice. The property’s condition and neighborhood ratings do not compensate for the excessive cost, leaving it less attractive to families seeking value for their rental expenditure.
Economic Fluctuation Risk The property may face potential income instability due to a relatively low economic stability score of 65, indicating vulnerability to economic downturns that could affect tenant retention and 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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