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.
6-bedroom, 4-bathroom house of 328 m², energy rating B. Located Algoz e Tunes parish, Silves municipality, Faro district. Notable Features: The property boasts an inviting outdoor space with a modern pool area and a well-landscaped garden, ideal for entertaining and relaxation. Valuation Verdict: ao preço justo
The valuation. The asking price of €1,650,000 is significantly above the fair value of €1,291,722, reflecting a discrepancy of €358,278 (27.7%). This valuation indicates that the property is overpriced. Buy-to-flip angle. The resale strategy involves renovating and enhancing the property to appeal to potential buyers, leveraging its high-quality finishes and tourist-friendly location for a profitable flip. Buy-to-let angle. With zero gross yield, the property would be optimized for rental income through short-term vacation rentals, capitalizing on seasonal demand in the Algarve region.
Fair value modelled at €1,291,722 from 6 comparable sales in the area. Asking €1,650,000 sits €358,278 (27.7%) above — overpriced versus fair value.
Asking €1,650,000 versus the Algoz e Tunes, Silves, Faro area baseline of €960,244 (€2,928/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €960,244, adjusted for condition and micro-location, gives a modelled fair value of €1,291,722 (€3,938/m²), a €358,278 (27.7%) gap versus the €1,650,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Algoz e Tunes · f46afc | Subject | €1,650,000 | €5,030 | — | 75 | 62 |
| rua Est. Mun, 524 | Active | €950,000 | €7,851 | 56.1% | 75 | 70 |
| Algoz e Tunes · f3626e | Active | €575,000 | €3,343 | 33.5% | 75 | 62 |
| Algoz e Tunes · 8ee7ae | Active | €950,000 | €7,917 | 57.4% | — | 74 |
| rua Teófilo Carvalho dos Santos, 30 | Active | €680,000 | €4,533 | 9.9% | — | 72 |
| Median comp | €815,000 | €6,192 | 23.1% | 75 | 71 |
Short-term vacation rental The property is situated in a tourist-friendly region of Algarve, which traditionally experiences seasonal demand due to its proximity to the coast. However, with a fair value of €1,291,722, the current listing of €1,650,000 indicates that it is overpriced and may not yield a return given the 0% gross yield. Buy-and-hold While the location offers potential for appreciation, the significant gap of 27.7% from fair value suggests that the property may not deliver sufficient capital growth over the long term. With a condition rating of 78/100 and a neighbourhood score of 62/100, purchasing it at the current price point stands out as an unfavorable investment. Value-add renovation Although renovations could improve the property's condition and potentially enhance its market appeal, the initial investment of €1,650,000 still sits well above the fair value estimate. Given its current pricing, the anticipated value increase post-renovation may not justify the investment risk associated with this overpriced property.
Economic and Tenant Stability Risk: With both economic and tenant stability scores at 60/100, there is a moderate risk of fluctuating income due to potential instability in both local economic conditions and tenant retention rates.
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