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.
4-bedroom, 1-bathroom house of 266 m², built in 1951, energy rating E. Located Alcantarilha e Pêra parish, Silves municipality, Faro district. Noteworthy Features: The property boasts a panoramic rooftop with a support kitchen and bathroom, perfect for al fresco dining while enjoying breathtaking Algarvean sunsets.
The valuation. The asking price of €1,370,000 is significantly higher than the fair value of €573,528, indicating an overpriced property by €796,472 (58.1%). Buy-to-flip angle. A potential buy-to-flip strategy would require significant renovations to justify a higher resale price in the sought-after Algarve market. Buy-to-let angle. With a gross yield of 2.1%, the rental income strategy focuses on positioning this property for long-term rentals, catering to both tourists and expats in the area.
Fair value modelled at €573,528 from the area baseline, adjusted for condition and location. Asking €1,370,000 sits €796,472 (58.1%) above — overpriced versus fair value.
Asking €1,370,000 versus the Alcantarilha e Pêra, Silves, Faro area baseline of €770,602 (€2,897/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 87/100 (Condition 84 · Materials 90 · Room dimensions 85). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
Alcantarilha e Pêra, Silves, Faro
Area baseline €770,602 + condition +€33,250 + location +€45,518 = modelled fair value of €573,528 (€2,156/m²), a €796,472 (58.1%) gap versus the €1,370,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alcantarilha e Pêra · b7c1bd | Subject | €1,370,000 | €5,150 | — | 84 | 73 |
| Alcantarilha e Pêra · 4ba660 | Active | €1,295,000 | €6,108 | 18.6% | 70 | 72 |
| Alcantarilha e Pêra · 4d403a | Active | €895,000 | €5,114 | 0.7% | 85 | 73 |
| Alcantarilha e Pêra · 4b97ce | Active | €318,000 | €2,650 | 48.5% | 72 | 70 |
| Armação de Pêra · 6d54d1 | Active | €398,000 | €5,686 | 10.4% | 78 | 71 |
| Median comp | €646,500 | €5,400 | 4.8% | 75 | 72 |
Short-term vacation rental Given the property's location in the highly sought-after Algarve coast, it may attract tourists, but its €1,370,000 price tag represents a significant deviation from the fair value of €573,528, indicating it is overpriced. Consequently, the gross yield of 2.1% does not justify such an investment in a short-term rental market that is increasingly competitive. Long-term rental With a gross yield of only 2.1%, investing in this property for long-term rental purposes is less attractive, especially considering its listing price of €1,370,000 far exceeds the fair value of €573,528. While the condition rating of 87/100 is appealing, the significant overpricing undermines the long-term growth potential. Buy-and-hold While the Algarve region has growth potential, this property's listing price of €1,370,000 is not aligned with its fair value of €573,528, making it overpriced for a buy-and-hold strategy. Such a disparity could impede future appreciation and returns on investment, making it a questionable choice for long-term ownership.
Economic volatility risk With an economic stability score of 65/100, there is a potential risk of fluctuating market conditions that could negatively impact rental income and property value.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
