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, 0-bathroom country_house of 304 m², energy rating D. Located Algoz e Tunes parish, Silves municipality, Faro district. This property features a fully equipped vineyard and a professional-grade riding arena, enhancing its appeal for both agricultural enthusiasts and equestrian lovers.
The valuation. The asking price of €1,790,000 is significantly above the fair value of €1,095,426, presenting an excess of €694,574 (63.4%). This indicates the property is overpriced.
Fair value modelled at €1,286,154 from 5 comparable sales in the area. Asking €1,790,000 sits €503,846 (39.2%) above — overpriced versus fair value.
Asking €1,790,000 versus the Algoz e Tunes, Silves, Faro area baseline of €1,175,997 (€3,868/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €1,175,997, adjusted for condition and micro-location, gives a modelled fair value of €1,286,154 (€4,231/m²), a €503,846 (39.2%) gap versus the €1,790,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Algoz e Tunes · 831540 | Subject | €1,790,000 | €5,888 | — | 70 | 65 |
| Algoz e Tunes · 937402 | Active | €500,000 | €3,247 | 44.9% | 79 | 74 |
| rua de Taipas, 5 | Active | €500,000 | €4,717 | 19.9% | 74 | 63 |
| Algoz e Tunes · 53ccfd | Active | €825,000 | €4,231 | 28.1% | 72 | 66 |
| Algoz e Tunes · 3750da | Active | €650,000 | €4,194 | 28.8% | — | 74 |
| Median comp | €575,000 | €4,213 | 28.5% | 74 | 70 |
Short-term vacation rental A purchase at €1,790,000 does not align with the fair market value of €1,095,426, suggesting poor return potential in a competitive vacation rental market. With a gross yield of only 1.5%, this property fails to generate significant income in a location reliant on tourism. Long-term rental Given the property’s high price point of €1,790,000 compared to a fair value of €1,095,426, securing long-term tenants may not offset the investment costs effectively. The low gross yield of 1.5% raises concerns about its ability to deliver reliable income over time in an area that may lack economic diversity. Buy-and-hold Investing €1,790,000 in this property, which is priced significantly above its fair value of €1,095,426, poses a considerable risk with limited appreciation potential. The combination of a 1.5% yield and a neighborhood rating of only 65/100 further challenges the viability of a buy-and-hold strategy in a primarily tourism-based economy.
Economic Volatility Risk The property's economic stability score of 60/100 suggests potential fluctuations in the local economy that could impact 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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