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, 1-bathroom house of 125 m², built in 1954, energy rating E. Located Algoz e Tunes parish, Silves municipality, Faro district. Noteworthy Features: This property boasts a pool area designed for relaxation, along with expansive green spaces that enhance the overall outdoor living experience in a private setting.
The valuation. The asking price of €495,000 is €18,274 (3.8%) above the fair value of €476,726, indicating the property is fairly priced in the current market. This positioning suggests a reasonable expectation for resale in future transactions.
Fair value modelled at €476,726 from 6 comparable sales in the area. Asking €495,000 sits €18,274 (3.8%) above — overpriced versus fair value.
Asking €495,000 versus the Algoz e Tunes, Silves, Faro area baseline of €399,492 (€3,196/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €399,492, adjusted for condition and micro-location, gives a modelled fair value of €476,726 (€3,814/m²), a €18,274 (3.8%) gap versus the €495,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Algoz e Tunes · 467f4d | Subject | €495,000 | €3,960 | — | 75 | 65 |
| Algoz e Tunes · 25f4cf | Active | €465,000 | €4,895 | 23.6% | — | 72 |
| Algoz e Tunes · 261ecb | Active | €363,000 | €2,927 | 26.1% | 73 | 70 |
| autoestrada N264, 484 | Active | €325,000 | €4,392 | 10.9% | 50 | 70 |
| Algoz e Tunes · 937402 | Active | €500,000 | €3,247 | 18.0% | 79 | 74 |
| Median comp | €414,000 | €3,820 | 3.5% | 73 | 71 |
Short-term vacation rental The property offers a gross yield of 3.5%, aligning well with the seasonal demand seen in the Algarve tourism sector. However, with the fair value only marginally below the asking price, the slight premium suggests limited room for profit maximization in short-term rentals. Long-term rental The house's location in Algoz e Tunes provides a decent score for tenant quality and amenities, making it a viable option for long-term rental strategies. Yet, with a fair value indicating only a small gap from the asking price, investors may find returns to be limited in this segment as well. Buy-and-hold As an investment for buy-and-hold strategies, this property holds potential due to its location in a notable tourist region, but its current pricing reflects a fair valuation. This indicates that while it may not be a bad long-term asset, the potential for capital appreciation might be hindered by its asking price. Not ideal for student housing This location lacks the attributes that cater specifically to student housing, making it an unsuitable choice for that demographic. The overall condition and neighbourhood score further support the notion that it wouldn't thrive in the student rental market. Not ideal for luxury market The property does not meet the criteria for luxury market standards, given its moderate condition and fair neighbourhood score. Consequently, it would struggle to attract high-end clientele who typically seek exceptional amenities and surroundings.
Tenant turnover risk High tenant turnover may be expected due to the combined economic stability score of 60/100 and tenant stability score of 65/100, potentially leading to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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