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, 1-bathroom apartment of 59 m². Located on avenida Beira-Mar. Terá, Armação de Pêra parish, Silves municipality, Faro district. This property features a sunlit balcony with sea views, ideal for relaxation, and efficient air conditioning throughout, enhancing year-round comfort in this vibrant coastal location.
The valuation. The asking price of €295,000 sits €17,079 (6.1%) above the fair value of €277,921, indicating it is fairly priced. This alignment suggests a balanced approach for negotiations without expecting significant discounts.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Beira-Mar. Terá | Subject | €295,000 | €5,000 | — | — | 75 |
| avenida do Rio | Active | €260,000 | €5,306 | 6.1% | 78 | 74 |
| rua 20 de Junho | Active | €260,000 | €3,059 | 38.8% | 73 | 70 |
| via Dorsal de Armação de Pêra | Active | €270,000 | €5,192 | 3.8% | — | 67 |
| rua Coronel Joaquim Santos Gomes | Active | €250,000 | €5,000 | 0% | — | 72 |
| Median comp | €260,000 | €5,096 | 1.9% | 76 | 71 |
Short-term vacation rental With a gross yield of 3.2%, this 1-bed apartment in Armação de Pêra offers a reasonable opportunity for short-term vacation rentals, particularly given the area's popularity with tourists. However, the modest yield reflects the fair valuation, suggesting that any aggressive pricing strategy may not yield significant returns. Buy-and-hold This property could serve as a buy-and-hold investment in the Algarve, recognized for its attractive neighbourhood score of 75/100. Yet, with a fair value gap of 6.1%, the investment requires caution as it may offer only limited appreciation potential in the future. Family rental Positioned in a neighbourhood rated 75/100, the apartment could potentially attract families looking for longer-term rentals in the Algarve region. Nevertheless, the current fair valuation and economic factors necessitate careful consideration, as the property may not provide a strong long-term financial advantage in a fluctuating rental market.
Economic Shock Vulnerability A moderate economic stability score of 70/100 indicates potential susceptibility to adverse economic conditions that could impact rental income reliability and tenant retention.
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