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.
2-bedroom, 2-bathroom apartment of 139 m². Located Alcantarilha e Pêra parish, Silves municipality, Faro district. This corner apartment benefits from abundant natural light, enhanced privacy, and direct outdoor access from both bedrooms, promoting a seamless indoor-outdoor living experience.
The valuation. The asking price of €410,000 is €89,692 (17.9%) below the fair value of €499,692. This property is clearly underpriced, offering an attractive entry point for investors.
Fair value modelled at €499,692 from 6 comparable sales in the area. Asking €410,000 sits €89,692 (17.9%) below — the upside to fair value.
Asking €410,000 versus the Alcantarilha e Pêra, Silves, Faro area baseline of €410,124 (€2,951/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €410,124, adjusted for condition and micro-location, gives a modelled fair value of €499,692 (€3,595/m²), a €89,692 (17.9%) gap versus the €410,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alcantarilha e Pêra · f46cd8 | Subject | €410,000 | €2,950 | — | 76 | 77 |
| rua do Barlavento | Active | €440,000 | €2,750 | 6.8% | 72 | 74 |
| rua Projectada 8365-145, 3 | Active | €235,000 | €3,561 | 20.7% | 65 | 74 |
| rua das Acácias | Active | €410,000 | €3,981 | 35.0% | 73 | 75 |
| Alcantarilha e Pêra · de0c24 | Active | €370,000 | €5,692 | 93.0% | 70 | 74 |
| Median comp | €390,000 | €3,771 | 27.8% | 71 | 74 |
Long-term rental The property in Alcantarilha e Pêra presents a favorable opportunity for long-term rental given the fair value of €499,692 compared to the listing price of €410,000, marking a gap of 17.9%. With the area's adequate school infrastructure and local employment stability due to tourism, it can attract steady tenants. Short-term vacation rental The strategic location near Algarve's tourist areas influences high demand for short-term vacation rentals, making the property a strong candidate at a listing price of €410,000 against a fair value of €499,692. This discrepancy suggests a potential for profitable rental income during peak tourist seasons, despite the current gross yield of 0%. Buy-and-hold As a buy-and-hold investment, this apartment is positioned well below its fair value, offering a gap of 17.9%, providing an appealing long-term appreciation potential. Given the stability of the local economy bolstered by tourism, this investment could yield significant returns over time.
Economic Fluctuation Risk: With both economic stability and tenant stability scores at 75/100, there's a significant risk of adverse economic conditions affecting rental income, as a score below 80 suggests vulnerability to market shifts.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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