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, 3-bathroom house of 117 m², built in 2009, energy rating B. Located Alcantarilha e Pêra parish, Silves municipality, Faro district. This house features a direct kitchen-garden access and two private suites with balconies for unobstructed countryside views, enhancing both privacy and outdoor enjoyment.
The valuation. The asking price of €410,000 is significantly below the fair value of €528,944, creating a difference of €118,944 (22.5%). Verdict: underpriced. Buy-to-flip angle. By upgrading some standard materials to higher-end finishes, this property has the potential for a lucrative resale, targeting buyers seeking quality homes near tourist attractions. Buy-to-let angle. With an estimated rental income of €1,093 per month, this investment offers a gross yield of 3.2%, positioning it well for long-term rental in a mixed neighbourhood.
Fair value modelled at €528,944 from 6 comparable sales in the area. Asking €410,000 sits €118,944 (22.5%) below — the upside to fair value.
Asking €410,000 versus the Alcantarilha e Pêra, Silves, Faro area baseline of €471,925 (€4,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €471,925, adjusted for condition and micro-location, gives a modelled fair value of €528,944 (€4,521/m²), a €118,944 (22.5%) gap versus the €410,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alcantarilha e Pêra · 1908f9 | Subject | €410,000 | €3,504 | — | 70 | 73 |
| rua António Mascarenhas Cochado, 2 | Active | €450,000 | €4,688 | 33.8% | 75 | 70 |
| Alcantarilha e Pêra · 00198e | Active | €920,000 | €5,750 | 64.1% | 70 | 71 |
| Alcantarilha e Pêra · b329ea | Active | €775,000 | €4,532 | 29.3% | 82 | 71 |
| Alcantarilha e Pêra · 4bc18d | Active | €425,000 | €2,742 | 21.8% | — | 75 |
| Median comp | €612,500 | €4,610 | 31.6% | 75 | 71 |
Short-term vacation rental This property is well-positioned for short-term vacation rentals due to its proximity to beaches and tourist attractions, coupled with a fair value exceeding the listing price by 22.5%. A gross yield of 3.2% indicates a solid return potential for this rental strategy. Long-term rental With a fair value significantly higher than the listing price, this property presents an attractive opportunity for long-term rental investments, bolstered by a decent condition score of 73/100. The neighbourhood's ratings of 73/100 for both housing and quality of life suggest a stable demand for long-term tenants. Buy-and-hold Acquiring this property for a buy-and-hold strategy could yield substantial capital appreciation, given the considerable gap of 22.5% from fair value. The combination of a healthy yield and a well-rated neighbourhood supports the potential for long-term value growth in this investment. Not ideal for: Student housing Given the location and property type, this house does not align with the typical demand characteristics of student housing. The stability of the rental market leans more towards family or professional tenants. Not ideal for: Luxury market This property may not attract luxury market buyers, limiting its appeal in a segment that typically seeks higher-end finishes and amenities. The condition score suggests that while it is livable, it does not meet the standards often required in the luxury sector.
Potential Economic Volatility With an economic stability score of 68/100, this property is at risk of fluctuations in local economic conditions which may impact 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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