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, 1-bathroom house of 110 m², built in 1951. Located Alcantarilha e Pêra parish, Silves municipality, Faro district. The expansive 2432m² urban lot not only accommodates the remodeled house but also offers significant potential for expansion or subdivision into two separate parcels.
The valuation. The asking price of €320,000 is €9,781 (3.2%) above the fair value of €310,219, indicating the property is fairly valued. This suggests a reasonable investment opportunity without significant overpricing or undervaluation.
Fair value modelled at €310,219 from 6 comparable sales in the area. Asking €320,000 sits €9,781 (3.2%) above — overpriced versus fair value.
Asking €320,000 versus the Alcantarilha e Pêra, Silves, Faro area baseline of €247,052 (€2,246/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 €247,052, adjusted for condition and micro-location, gives a modelled fair value of €310,219 (€2,820/m²), a €9,781 (3.2%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alcantarilha e Pêra · 5da23b | Subject | €320,000 | €2,909 | — | 75 | 72 |
| Alcantarilha e Pêra · 4b97ce | Active | €318,000 | €2,650 | 8.9% | 72 | 70 |
| Guia · f36488 | Active | €480,000 | €2,807 | 3.5% | 72 | 64 |
| Guia · 23f2b5 | Active | €798,000 | €2,327 | 20.0% | 72 | 73 |
| Guia · 3df29b | Active | €595,000 | €3,914 | 34.6% | 76 | 76 |
| Median comp | €537,500 | €2,729 | 6.2% | 72 | 72 |
Short-term vacation rental This property presents a strong opportunity for short-term vacation rentals due to its location in Algarve's touristic zones, leveraging the high housing demand driven by tourism. However, with a fair value gap of only 3.2%, the potential upside in rental income may be tempered by its current listing price. Long-term rental The house offers a gross yield of 4.8%, which is attractive in the context of long-term rentals, especially considering the typical amenities available in the area. Nevertheless, the property is fairly priced at €320,000, limiting immediate investment returns compared to other potential opportunities. Buy-and-hold Holding this property as a buy-and-hold investment can yield stable returns due to consistent demand within the Alcantarilha e Pêra neighborhood, which benefits from tourist traffic and seasonal employment. However, with a current valuation placing it at a fair price, substantial appreciation may be limited in the near term due to market conditions.
Potential Economic Decline The economic stability score of 65/100 suggests a moderate risk of economic downturn, which could negatively impact tenant demand and property performance.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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