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.
2-bedroom, 2-bathroom townhouse of 144 m², energy rating D. Located Salir parish, Loulé municipality, Faro district. Noteworthy Features: The property includes a versatile third bedroom with a private balcony that offers stunning open views across the village and surrounding countryside.
The valuation. The asking price of €380,000 sits below the fair value of €438,747 by €58,747 (13.4%), indicating that this property is underpriced. This presents a favorable opportunity for savvy investors. Buy-to-flip angle. A buy-to-flip strategy could capitalize on the property's high-quality finishes and strong demand in the Algarve. After targeted renovations, a timely resale could yield significant profits in this competitive market. Buy-to-let angle. With a focus on long-term rentals, despite currently estimated yields around 0%, the attractive potential for short-term vacation rentals in this desirable location could bring in substantial rental income over time.
Fair value modelled at €438,747 from 6 comparable sales in the area. Asking €380,000 sits €58,747 (13.4%) below — the upside to fair value.
Asking €380,000 versus the Salir, Loulé, Faro area baseline of €478,989 (€3,326/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 below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €478,989, adjusted for condition and micro-location, gives a modelled fair value of €438,747 (€3,047/m²), a €58,747 (13.4%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Salir · 46809b | Subject | €380,000 | €2,639 | — | 72 | 63 |
| Salir · 6fb8eb | Active | €255,000 | €3,228 | 22.3% | — | 56 |
| Salir · 23f44e | Active | €395,000 | €4,938 | 87.1% | 73 | 62 |
| Salir · dee41e | Active | €295,000 | €1,117 | 57.7% | 72 | 38 |
| Salir · 1e6038 | Active | €255,000 | €3,643 | 38.0% | 60 | 71 |
| Median comp | €275,000 | €3,436 | 30.2% | 72 | 59 |
Short-term vacation rental The 2-bed townhouse in Salir, currently listed at €380,000, is appealing for a short-term vacation rental strategy, given its underpriced status with a fair value of €438,747. Leveraging the strong tourism influence in the Algarve, this property offers opportunity for appreciation as the local market continues to grow. Buy-and-hold Given the estimated fair value is 13.4% higher than the listing price, acquiring this property as a buy-and-hold investment may yield significant long-term benefits in a tourism-heavy area. The town's condition and neighborhood ratings suggest a stable environment for eventual property appreciation, making it a strong candidate for future value growth. Value-add renovation The 74/100 condition rating indicates room for improvement, suggesting a value-add renovation strategy could enhance both asset value and rental income. Investing in upgrades could align the property closer to its fair value of €438,747, capturing both current and future market dynamics to optimize returns.
Economic Instability Risk With an economic stability score of 55/100, the property may be vulnerable to market fluctuations that could impact rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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