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 145 m², built in 1996, energy rating C. Located Silves parish, Silves municipality, Faro district. This property features a large private heated pool with a jacuzzi and expansive terraces, all set on an impressive 8,520 m² plot with stunning countryside views.
The valuation. The asking price of €695,000 is significantly above its fair value of €263,308, resulting in an excess of €431,692 (62.1%). This property is overpriced. Buy-to-flip angle. A buy-to-flip strategy aims to refurbish and quickly resell the property, although the current high asking price may limit profit margins post-renovation. Buy-to-let angle. The rental income strategy projects a gross yield of 2.5%, estimating approximately €1,448 per month, appealing for long-term and seasonal rental options in a mixed neighbourhood.
Fair value modelled at €263,308 from the area baseline, adjusted for condition and location. Asking €695,000 sits €431,692 (62.1%) above — overpriced versus fair value.
Asking €695,000 versus the Silves, Silves, Faro area baseline of €373,230 (€2,574/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 74 · Materials 70 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Silves, Silves, Faro
Area baseline €373,230 + condition -€6,570 + location +€20,913 = modelled fair value of €263,308 (€1,816/m²), a €431,692 (62.1%) gap versus the €695,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Silves · 23f505 | Subject | €695,000 | €4,793 | — | 74 | 71 |
| Silves · 09013f | Active | €430,000 | €4,778 | 0.3% | 74 | 66 |
| rua das Quintas | Active | €270,000 | €3,506 | 26.8% | 70 | 65 |
| Silves · 93764d | Active | €1,390,000 | €5,744 | 19.8% | 85 | 65 |
| Silves · 6d5373 | Active | €325,000 | €2,778 | 42.0% | 75 | 64 |
| Median comp | €377,500 | €4,142 | 13.6% | 75 | 65 |
Long-term rental The property’s current listing price of €695,000 significantly exceeds its fair value of €263,308 by 62.1%, suggesting it is overpriced for a long-term rental strategy. With a gross yield of only 2.5%, potential returns on investment may not sufficiently compensate for this disparity. Short-term vacation rental Given the seasonal economic shifts of the Algarve region and the listing price being 62.1% above fair value, the property appears overpriced for a short-term vacation rental strategy. The projected annual income may not justify the initial investment given the high acquisition cost. Buy-and-hold Considering that this property is listed at €695,000 while its fair value stands at €263,308, it is overpriced for a buy-and-hold strategy. The economic realities of the local housing market suggest that the return on investment would be diminished over time due to the inflated entrance price.
Economic Vulnerability The economic stability score of 65/100 suggests a moderate risk of economic downturns affecting property values and rental income opportunities.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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