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, 3-bathroom house of 192 m², built in 2018, energy rating A. Located on urbanização Cerro São Miguel Estação de Silves, Silves parish, Silves municipality, Faro district. Highlight: This villa features a spacious outdoor area with several fruit trees and a rooftop terrace offering stunning views of the Serra de Silves and Monchique.
The valuation. The asking price of €770,000 sits significantly below the fair value of €976,658, indicating the property is underpriced by €206,658 (21.2%). This unique circumstance presents an excellent entry point for investors. Buy-to-flip angle. With high-quality finishes and a favorable location, the property offers strong potential for a successful resale strategy targeting both local and international buyers. Renovations can further enhance the property's appeal, maximizing profit on resale. Buy-to-let angle. The property is well-positioned for a short-term vacation rental strategy, capitalizing on the region's tourist influx. Its modern features and attractive neighborhood support a lucrative family rental market.
Fair value modelled at €976,658 from 6 comparable sales in the area. Asking €770,000 sits €206,658 (21.2%) below — the upside to fair value.
Asking €770,000 versus the urbanização Cerro São Miguel Estação de Silves area baseline of €842,698 (€4,389/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €842,698, adjusted for condition and micro-location, gives a modelled fair value of €976,658 (€5,087/m²), a €206,658 (21.2%) gap versus the €770,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| urbanização Cerro São Miguel Estação de Silves | Subject | €770,000 | €4,010 | — | 75 | 75 |
| Silves · ba5764 | Active | €1,100,000 | €7,692 | 91.8% | 78 | 68 |
| Silves · ba575d | Active | €1,195,000 | €4,509 | 12.4% | 83 | 76 |
| Silves · 89e5fe | Active | €489,000 | €6,113 | 52.4% | 85 | 73 |
| via Donkey Carts | Active | €895,000 | €3,416 | 14.8% | 78 | 64 |
| Median comp | €997,500 | €5,311 | 32.4% | 81 | 71 |
Short-term vacation rental This property, with a fair value of €976,658, presents a compelling opportunity for short-term vacation rental given its 21.2% gap versus fair value. The strong tourist focus in Silves supports high occupancy rates, making this strategy well-suited for maximizing income potential. Buy-and-hold With fair value at €976,658, this property shows a promising 21.2% gap, indicating its potential for appreciation in the buy-and-hold strategy. The healthy condition of the home (78/100) and decent neighbourhood rating (75/100) further enhance its appeal as a long-term investment. Family rental Given its pricing at €770,000 compared to a fair value of €976,658, this property could serve as an attractive option for family rentals, capitalizing on the area's seasonal tourist market. The solid condition score (78/100) and safe surroundings contribute positively to its suitability for families looking for rental options in Silves.
Potential Economic Decline With an economic stability score of 65/100, there is a significant risk that local economic conditions may deteriorate, potentially affecting rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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