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, 3-bathroom house of 100 m², built in 1951. Located on largo dos Mártires da Pátria, 39, Silves parish, Silves municipality, Faro district. Noteworthy Features: The house includes a previously approved architectural project for a modern renovation featuring a rooftop terrace with a pergola, outdoor kitchen, and lounge area for enhanced outdoor living.
The valuation. The asking price of €195,000 sits significantly below the fair value of €327,608, thereby being subvalued by €132,608, which equates to 40.5% underpricing. This presents a compelling investment opportunity.
Fair value modelled at €327,608 from 6 comparable sales in the area. Asking €195,000 sits €132,608 (40.5%) below — the upside to fair value.
Asking €195,000 versus the largo dos Mártires da Pátria, 39 area baseline of €355,212 (€3,552/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 20/100 is below the parish average, reducing 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 €355,212, adjusted for condition and micro-location, gives a modelled fair value of €327,608 (€3,276/m²), a €132,608 (40.5%) gap versus the €195,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| largo dos Mártires da Pátria, 39 | Subject | €195,000 | €1,950 | — | 15 | 63 |
| Silves · 468176 | Active | €450,000 | €5,000 | 156.4% | 18 | 70 |
| rua Dom Afonso III S / N | Active | €185,000 | €3,304 | 69.4% | — | 76 |
| Silves · 99f36c | Active | €260,000 | €2,626 | 34.7% | 66 | 70 |
| rua do Monte Branco de Baixo | Active | €330,000 | €1,976 | 1.3% | 70 | 73 |
| Median comp | €295,000 | €2,965 | 52.1% | 66 | 72 |
Short-term vacation rental The property offers a strong potential for short-term vacation rentals in Silves, capitalizing on the Algarve's tourist-driven economy and yielding a gross return of 6.9%. With a fair value of €327,608 and a listing price of €195,000, this investment presents an attractive gap, indicating potential for profit and growth. Long-term rental With an appealing yield of 6.9% gross, this property in a neighborhood rated 63/100 is suitable for long-term rental, making it an attractive prospect for tenants attracted to the Algarve region. The substantial gap between the listing price of €195,000 and the fair value of €327,608 underscores the property’s strong investment potential in a stable rental market. Buy-and-hold Investing in this property as a buy-and-hold strategy is promising, with the current listing presenting a significant opportunity to acquire an asset below its fair value of €327,608. The desirable yield of 6.9% gross, combined with the positive neighborhood rating, supports the long-term value appreciation potential of this investment.
Potential Vacancies: With an economic stability score of 60 and a tenant stability score of 65, there is a heightened risk of vacancies, potentially impacting rental income due to fluctuating tenant demand and economic conditions.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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