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, 2-bathroom country_house of 299 m², energy rating D. Located Silves parish, Silves municipality, Faro district. Noteworthy Features: This estate includes a fully independent T1 annex perfect for guests, alongside a spacious gym and a water well that supports sustainable living practices.
The valuation. The asking price of €850,000 sits 8.8% below the fair value of €932,438, indicating a valuation in line with market expectations. Thus, the property can be considered to be fairly priced. Buy-to-flip angle. The resale strategy aims to capitalize on the desirable location in Algarve, where high demand for country houses can yield a healthy profit through potential cosmetic upgrades. Targeting a competitive market, quick turnarounds are possible with renovations. Buy-to-let angle. Given the tourist appeal, the rental income strategy will focus on short-term vacation rentals, leveraging the property’s high-quality materials and prime location to attract visitors. This approach allows for premium pricing during peak tourism seasons.
Fair value modelled at €932,438 from 6 comparable sales in the area. Asking €850,000 sits €82,438 (8.8%) below — the upside to fair value.
Asking €850,000 versus the Silves, Silves, Faro area baseline of €711,515 (€2,380/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 €711,515, adjusted for condition and micro-location, gives a modelled fair value of €932,438 (€3,119/m²), a €82,438 (8.8%) gap versus the €850,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Silves · 3a7254 | Subject | €850,000 | €2,843 | — | 75 | 74 |
| Silves · 6fbc70 | Active | €794,999 | €5,559 | 95.6% | 75 | 72 |
| Silves · 6fbddb | Active | €380,000 | €2,375 | 16.5% | 80 | 61 |
| rua da Horta | Active | €420,000 | €2,625 | 7.7% | — | 73 |
| Silves · 0dcf1f | Active | €1,080,000 | €3,612 | 27.1% | 75 | 68 |
| Median comp | €607,500 | €3,119 | 9.7% | 75 | 70 |
Short-term vacation rental The property’s location in the Algarve, a major tourist region, underscores its potential as a short-term vacation rental despite the 0% gross yield. With a fair value of €932,438 positioning the listing at 8.8% below this figure, the property remains appealing but is not a significant opportunity. Buy-and-hold The buy-and-hold strategy might yield modest returns given the property's fair condition score of 79/100 and the overall fair valuation at €850,000. However, the lack of yield indicates that holding this property may not provide optimal financial benefits in the long term. Luxury market Operating within the luxury market could attract a specific clientele looking for a country retreat, yet the property’s €850,000 price tag signifies that it is fairly placed compared to its fair value. With a neighborhood score of 74/100, while it presents appealing aspects, it does not stand out enough to warrant a more aggressive appraisal in this segment.
Economic Dependency Risk: With an economic stability score of 65/100, there is a significant risk that market fluctuations could adversely impact property value and tenant retention.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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