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, 2-bathroom house of 143 m². Located on travessa Tomé Rodrigues Pincho, 64, Algoz e Tunes parish, Silves municipality, Faro district. Noteworthy Features: The property includes a commercial permit and pre-approval for conversion to residential use, with municipal incentives available for renovation in an Urban Rehabilitation Area.
The valuation. The asking price of €193,000 is substantially above fair value, which sits at €120,744. This results in an overpriced status with a discrepancy of €72,256, approximately 37.4%.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa Tomé Rodrigues Pincho, 64 | Subject | €193,000 | €1,350 | — | — | 71 |
| Algoz e Tunes · 0900ca | Active | €215,000 | €1,086 | 19.5% | — | 62 |
| Algoz e Tunes · 4ba651 | Active | €280,000 | €1,530 | 13.4% | — | 71 |
| Algoz e Tunes · ba3ea6 | Active | €239,500 | €3,863 | 186.2% | — | 64 |
| autoestrada N264, 484 | Active | €325,000 | €4,392 | 225.4% | 50 | 70 |
| Median comp | €259,750 | €2,697 | 99.8% | 50 | 67 |
Short-term vacation rental The property in Algoz e Tunes is priced at €193,000, which represents a 37.4% gap compared to its fair value of €120,744, indicating it is overpriced. Though it has a gross yield of 11.3%, the condition score of 0/100 raises significant concerns about potential capital expenditure and long-term viability. Buy-and-hold Investing in this 1-bed house for a buy-and-hold strategy is not ideal, as the listing price is €193,000, significantly exceeding its fair valuation of €120,744, highlighting its overpriced status. With a gross yield of 11.3% but a concerning condition score of 0/100, this investment may not yield the expected returns over time. Long-term rental The long-term rental potential of this property is diminished by its asking price of €193,000, which outstrips the fair value of €120,744, labeling it as overpriced. While the gross yield is attractive at 11.3%, the property’s distress level, indicated by a condition score of 0/100, may lead to excessive maintenance costs impacting profitability.
Economic Vulnerability The property has a moderately low economic stability score of 65, indicating potential vulnerabilities in the local economy that could affect 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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