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.
4-bedroom, 3-bathroom house of 182 m², built in 1997, energy rating E. Located on rua de Caravela, Alcantarilha e Pêra parish, Silves municipality, Faro district. The property features a charming independent T1 dwelling, ideal for guests or rental income, and boasts a private swimming pool surrounded by spacious terraces for outdoor leisure.
The valuation. The asking price of €749,900 is below the fair value of €905,031, presenting an opportunity with a discount of €155,131 (17.1%). The property is considered underpriced based on current market dynamics.
Fair value modelled at €905,031 from 6 comparable sales in the area. Asking €749,900 sits €155,131 (17.1%) below — the upside to fair value.
Asking €749,900 versus the rua de Caravela area baseline of €865,427 (€4,755/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 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 €865,427, adjusted for condition and micro-location, gives a modelled fair value of €905,031 (€4,973/m²), a €155,131 (17.1%) gap versus the €749,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Caravela | Subject | €749,900 | €4,120 | — | 65 | 71 |
| Silves · 6fbc70 | Active | €794,999 | €5,559 | 34.9% | 75 | 72 |
| rua da Horta | Active | €420,000 | €2,625 | 36.3% | — | 73 |
| urbanização Morgado Lameira, 16 | Active | €1,100,000 | €5,641 | 36.9% | 85 | 70 |
| Alcantarilha e Pêra · 4bc18d | Active | €425,000 | €2,742 | 33.5% | — | 75 |
| Median comp | €610,000 | €4,151 | 0.7% | 80 | 73 |
Short-term vacation rental The property is well-positioned in a popular tourist area of the Algarve, which can drive strong demand for short-term rentals. With a fair value gap of 17.1%, this investment is likely to yield good returns during peak seasons. Long-term rental Given the property’s location and the Algarve's overall economic stability linked to tourism, long-term rental prospects are promising. The current gross yield of 3.3% suggests steady cash flow, while the reasonable gap below fair value indicates potential for growth. Buy-and-hold As a buy-and-hold investment, this property stands to appreciate in value due to its advantageous location and the ongoing demand for housing in the Algarve region. The gap against fair value reinforces a strong investment case for long-term ownership.
Economic Vulnerability The economic stability score of 65/100 indicates a moderate risk that economic downturns may adversely affect tenant retention and property value.
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