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.
4-bedroom, 3-bathroom villa of 163 m², built in 2022, energy rating A. Located Algoz e Tunes parish, Silves municipality, Faro district. Noteworthy Features: The villa includes a versatile leisure room that can be easily converted into a fifth bedroom or home office, enhancing its flexibility for various lifestyle needs.
The valuation. The asking price of €620,000 is significantly above the fair value of €527,448 by €92,552 (17.5%). This property is considered overpriced based on current market conditions.
Fair value modelled at €527,448 from 6 comparable sales in the area. Asking €620,000 sits €92,552 (17.5%) above — overpriced versus fair value.
Asking €620,000 versus the Algoz e Tunes, Silves, Faro area baseline of €480,537 (€2,948/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €480,537, adjusted for condition and micro-location, gives a modelled fair value of €527,448 (€3,236/m²), a €92,552 (17.5%) gap versus the €620,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Algoz e Tunes · 8313e5 | Subject | €620,000 | €3,804 | — | 78 | 66 |
| Alcantarilha e Pêra · 023947 | Active | €1,290,000 | €3,225 | 15.2% | 82 | 71 |
| Alcantarilha e Pêra · b32b23 | Active | €975,000 | €2,794 | 26.6% | 80 | 71 |
| rua da Ponte Romana, 1 | Active | €479,000 | €3,303 | 13.2% | 72 | 70 |
| Algoz e Tunes · 937402 | Active | €500,000 | €3,247 | 14.6% | 79 | 74 |
| Median comp | €737,500 | €3,236 | 14.9% | 80 | 71 |
Short-term vacation rental The property, while located in a tourist-heavy area, boasts a gross yield of only 3.8%, suggesting a challenging return on investment for short-term rentals. With a substantial gap of 17.5% from its fair value of €527,448, the property appears overpriced, limiting potential profitability in the vacation rental market. Buy-and-hold Investing in this villa for a buy-and-hold strategy is questionable due to its current overpriced status and a fair value gap of 17.5%. The gross yield of 3.8% coupled with neighborhood quality rated at 66 out of 100 does not indicate strong long-term appreciation prospects. Value-add renovation Considering a value-add renovation strategy may not justify the initial investment, as the property is currently overpriced at €620,000, significantly above its fair value. Even with a reasonable condition score of 82/100, the potential for return is diminished by the existing valuation gap, limiting renovation upside.
Potential Economic Downturn The economic stability score of 60/100 indicates a risk of decreased demand and rent instability, which could impact tenant retention and property value.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
