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 144 m², built in 1982, energy rating D. Located Alcantarilha e Pêra parish, Silves municipality, Faro district. Noteworthy Features: The property includes an independent annex with its own amenities, ideal for guests, and a smart home system integrating Alexa for convenient control of various features.
The valuation. The asking price of €695,000 exceeds the fair value of €625,426 by €69,574 (11.1%). This property is considered overpriced and may deter potential buyers. Buy-to-flip angle. The potential resale value can be enhanced through minimal renovations, targeting an exit strategy in a vibrant market, particularly during peak tourist seasons. Buy-to-let angle. With an estimated monthly income of €1,911, the gross yield stands at 3.3%, making it a viable option for both short-term vacation rentals and long-term leases in a desirable location.
Fair value modelled at €625,426 from 6 comparable sales in the area. Asking €695,000 sits €69,574 (11.1%) above — overpriced versus fair value.
Asking €695,000 versus the Alcantarilha e Pêra, Silves, Faro area baseline of €515,124 (€3,577/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 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 €515,124, adjusted for condition and micro-location, gives a modelled fair value of €625,426 (€4,343/m²), a €69,574 (11.1%) gap versus the €695,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alcantarilha e Pêra · f46b96 | Subject | €695,000 | €4,826 | — | 82 | 62 |
| urbanização Morgado Lameira, 16 | Active | €1,100,000 | €5,641 | 16.9% | 85 | 70 |
| Alcantarilha e Pêra · 4d403a | Active | €895,000 | €5,114 | 6.0% | 85 | 73 |
| Alcantarilha e Pêra · 6a92c8 | Active | €530,000 | €4,907 | 1.7% | 80 | 71 |
| Armação de Pêra · 23f388 | Active | €995,000 | €3,262 | 32.4% | 76 | 65 |
| Median comp | €945,000 | €5,011 | 3.8% | 83 | 71 |
Short-term vacation rental The 3-bed house in Alcantarilha e Pêra is overpriced at €695,000 compared to the fair value of €625,426, leading to a gap of 11.1%. With a gross yield of 3.3% and a neighbourhood rating of 62/100, the property may struggle to generate adequate returns, making it a less attractive option for short-term vacation rentals. Long-term rental Current market conditions suggest that the house is overpriced at €695,000, as the fair value is assessed at €625,426, a discrepancy of 11.1%. Given the 3.3% gross yield and the 83/100 condition score, long-term rental prospects appear limited due to the property’s inflated initial cost. Buy-and-hold The buy-and-hold strategy for the property is challenged by its overpriced listing of €695,000, with fair market value at €625,426, representing an 11.1% gap. Although the condition rating of 83/100 is favorable, the high entry price diminishes the long-term investment potential in a tourism-influenced market.
Economic Vulnerability The economic stability score of 55/100 indicates a high risk of economic downturns impacting tenant demand and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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