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 150 m², built in 2006, energy rating B. Located Alcantarilha e Pêra parish, Silves municipality, Faro district. Noteworthy Features: This property includes a communal swimming pool and landscaped gardens within a small, well-maintained condominium of only nine homes, enhancing leisure and community feel.
The valuation. The asking price of €665,000 sits €30,497 (4.4%) below the fair value of €695,497, indicating a well-valued property for potential investors looking for a justifiable investment. This presents a solid opportunity without the common pitfalls of overvaluation.
Fair value modelled at €695,497 from 6 comparable sales in the area. Asking €665,000 sits €30,497 (4.4%) below — the upside to fair value.
Asking €665,000 versus the Alcantarilha e Pêra, Silves, Faro area baseline of €591,266 (€3,942/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €591,266, adjusted for condition and micro-location, gives a modelled fair value of €695,497 (€4,637/m²), a €30,497 (4.4%) gap versus the €665,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alcantarilha e Pêra · 831419 | Subject | €665,000 | €4,433 | — | 75 | 73 |
| jardim em Alcantarilha | Active | €775,000 | €4,586 | 3.4% | 76 | 70 |
| Alcantarilha e Pêra · b329ea | Active | €775,000 | €4,532 | 2.2% | 82 | 71 |
| Alcantarilha e Pêra · 00198e | Active | €920,000 | €5,750 | 29.7% | 70 | 71 |
| Alcantarilha e Pêra · 4839e7 | Active | €1,250,000 | €4,386 | 1.1% | 85 | 72 |
| Median comp | €847,500 | €4,559 | 2.8% | 79 | 71 |
Short-term vacation rental Given the high seasonality of the tourist-focused Algarve region, this 3-bed house in Alcantarilha e Pêra can expect solid occupancy during peak tourist periods. However, with a fair value only slightly above the listing price, potential yields remain relatively modest at 3.4% gross, indicating a balanced risk-reward profile. Buy-and-hold As a long-term investment, this property benefits from a desirable location within a resort area that continues to attract seasonal tourism. The anticipated appreciation aligns closely with current market valuations, justifying its fair pricing with a fair value of €695,497. Long-term rental While offering a decent rental yield of 3.4%, this property may not be the best fit for long-term rental strategies considering the fluctuating demand driven by tourism. Given its fair pricing and neighborhood conditions rated at 73/100, its stability as a long-term residential unit remains more or less favorable but not exceptional.
Moderate Economic Instability The property's economic stability score of 65/100 indicates potential fluctuations in market conditions that could affect 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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