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, 1-bathroom apartment of 94 m² on the 2nd floor. Located on rua Quinta dos Arcos, 1, Armação de Pêra parish, Silves municipality, Faro district. This apartment features a large balcony with a built-in barbecue, perfect for outdoor entertaining, and offers easy access to all living areas, enhancing its appeal for social gatherings.
The valuation. The asking price of €330,000 is slightly below the fair value of €348,118, indicating a difference of €18,118 (5.2%). This property can be considered fairly priced in its current market context.
Fair value modelled at €348,118 from 6 comparable sales in the area. Asking €330,000 sits €18,118 (5.2%) below — the upside to fair value.
Asking €330,000 versus the rua Quinta dos Arcos, 1 area baseline of €297,953 (€3,170/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €297,953, adjusted for condition and micro-location, gives a modelled fair value of €348,118 (€3,703/m²), a €18,118 (5.2%) gap versus the €330,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Quinta dos Arcos, 1 | Subject | €330,000 | €3,511 | — | 70 | 74 |
| rua Projectada 8365-145, 3 | Active | €235,000 | €3,561 | 1.4% | 65 | 74 |
| rua das Caravelas | Active | €285,000 | €2,767 | 21.2% | 76 | 72 |
| rua do Barlavento | Active | €440,000 | €2,750 | 21.7% | 72 | 74 |
| Armação de Pêra · 19f484 | Active | €250,000 | €3,846 | 9.6% | 70 | 71 |
| Median comp | €267,500 | €3,164 | 9.9% | 71 | 73 |
Short-term vacation rental The property’s gross yield of 3.8% indicates decent potential for short-term vacation rentals, given the appeal of the Algarve region to tourists. However, with a fair value gap of 5.2%, the pricing aligns closely with market expectations without presenting a significant opportunity for deeper returns. Long-term rental The neighborhood score of 74/100 suggests a stable environment for long-term rental investments, though the yield of 3.8% could be considered modest compared to other areas. Given its fair value designation, potential landlords might not find a significant upside in pursuing long-term leases here. Buy-and-hold As a buy-and-hold investment, the property offers a decent condition rating of 72/100, making it viable for future appreciation. Still, with the current valuation at fair price, investors should expect moderate growth instead of significant capital gains in the near term.
Moderate Economic Risk The economic stability score of 65/100 indicates that the local economy may face challenges, increasing the likelihood of potential tenant turnover and rental income fluctuations.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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