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.
6-bedroom, 6-bathroom house of 350 m², built in 2018, energy rating E. Located Silves parish, Silves municipality, Faro district. This property boasts an impressive agricultural zone surrounding it, ensuring no future developments, along with an automatic irrigation system that keeps the expansive garden effortlessly lush.
The valuation. The asking price of €849,000 is significantly below the fair value of €1,218,549, representing a discount of €369,549 (30.3%). This property is undeniably underpriced and presents a compelling opportunity for investors.
Fair value modelled at €1,218,549 from 6 comparable sales in the area. Asking €849,000 sits €369,549 (30.3%) below — the upside to fair value.
Asking €849,000 versus the Silves, Silves, Faro area baseline of €987,880 (€2,823/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €987,880, adjusted for condition and micro-location, gives a modelled fair value of €1,218,549 (€3,482/m²), a €369,549 (30.3%) gap versus the €849,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Silves · efdbad | Subject | €849,000 | €2,426 | — | 70 | 72 |
| rua de Vala | Active | €835,000 | €5,880 | 142.4% | 78 | 64 |
| rua de Caravela | Active | €749,900 | €4,120 | 69.9% | 65 | 71 |
| Silves · 3a7254 | Active | €850,000 | €2,843 | 17.2% | 75 | 74 |
| rua da Horta | Active | €420,000 | €2,625 | 8.2% | — | 73 |
| Median comp | €792,450 | €3,482 | 43.5% | 75 | 72 |
Short-term vacation rental With a fair value of €1,218,549, the property is clearly underpriced at €849,000, revealing a significant opportunity for lucrative short-term rental income in the tourist-centric Algarve region. The gross yield of 4.1% and favorable neighborhood conditions make it a prime candidate for Airbnb and vacation rental strategies. Long-term rental Positioned in an attractive area for expats and with an appealing condition score of 77/100, this underpriced property can command reliable long-term rental income. With a gross yield of 4.1%, it offers steady cash flow potential in a seasonal economy that favors both visitors and residents. Buy-and-hold This 6-bed house in Silves represents an excellent buy-and-hold investment due to its underpriced valuation relative to its fair market value, providing room for appreciation as the tourism-dependent economy grows. The combination of a substantial 350m² space and a decent condition rating makes it a resilient asset for long-term wealth accumulation in a desirable locale. Not ideal for: Student housing, Industrial development, Luxury market Given the property's characteristics and locality, it is not well-suited for student housing, which typically requires different amenities and locations. Likewise, industrial development and the luxury market may not align with the neighborhood’s tourism-oriented profile, limiting potential return on investment in these sectors.
Economic Vulnerability The economic stability score of 60/100 indicates potential fluctuations in the local economy that could negatively impact 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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