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.
5-bedroom, 4-bathroom house of 230 m², built in 1992, energy rating C. Located on via Algarviana, Silves parish, Silves municipality, Faro district. This property showcases exquisite neoclassical design with handmade panel doors and a custom-made fireplace in the elegant living room, enhancing its luxurious atmosphere.
The valuation. The asking price of €1,150,000 is significantly above the fair value of €665,969, indicating it is overpriced by €484,031 (72.7%). This discrepancy suggests caution for potential investors. Buy-to-flip angle. A buy-to-flip strategy may face challenges given the high asking price; any resale would need to overcome the current valuation gap. Quick renovations could enhance appeal but are subject to market conditions. Buy-to-let angle. With an estimated gross yield of 2.1% (~€2,012/month), the rental income strategy could generate steady cash flow, but the yield is relatively low for the investment. Tourist demand in the Algarve can enhance occupancy rates.
Fair value modelled at €665,969 from 6 comparable sales in the area. Asking €1,150,000 sits €484,031 (72.7%) above — overpriced versus fair value.
Asking €1,150,000 versus the via Algarviana area baseline of €478,088 (€2,079/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 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 €478,088, adjusted for condition and micro-location, gives a modelled fair value of €665,969 (€2,896/m²), a €484,031 (72.7%) gap versus the €1,150,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| via Algarviana | Subject | €1,150,000 | €5,000 | — | 80 | 74 |
| Silves · 023943 | Active | €575,000 | €2,255 | 54.9% | 72 | 80 |
| ladeira de São Pedro | Active | €4,000,000 | €8,000 | 60.0% | 78 | 63 |
| Silves · 93764d | Active | €1,390,000 | €5,744 | 14.9% | 85 | 65 |
| via Donkey Carts | Active | €895,000 | €3,416 | 31.7% | 78 | 64 |
| Median comp | €1,142,500 | €4,580 | 8.4% | 78 | 65 |
Short-term vacation rental The property’s current price of €1,150,000 indicates a significant gap of 72.7% from its fair value of €665,969, suggesting it is overpriced for short-term rental purposes. With a gross yield of only 2.1%, the potential return on investment is unlikely to meet expectations in a competitive tourism-driven market. Buy-and-hold Despite the property’s solid condition rating of 83/100, the listing price is substantially higher than its fair value, classifying it as overpriced at €1,150,000. Investors looking for long-term appreciation should reconsider due to the yield of merely 2.1%, which does not warrant the investment risk at this price point. Family rental With a fair value of €665,969 against a listing price of €1,150,000, this property is considered overpriced for family rental opportunities. The yield of just 2.1% fails to reflect a strong rental market dynamic, making it a less attractive option for potential landlords seeking stable returns.
Economic Vulnerability The economic stability score of 65/100 indicates a moderate risk, suggesting potential volatility in income generation from the property.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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