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 268 m², built in 2006, energy rating B. Located on rua 13 de Maio S / N, Alcantarilha e Pêra parish, Silves municipality, Faro district. This property features a south-facing balcony in the master suite, providing picturesque views of the pool and enhancing the outdoor living experience.
The valuation. The asking price of €665,000 sits significantly below the fair value of €1,181,786, indicating the property is underpriced by €516,786, or 43.7%. This presents a unique opportunity for investors. Buy-to-flip angle. The potential for a successful resale strategy hinges on the property's high-quality finishes and modern appliances, allowing for an attractive flip in a favorable market. Targeting a 20% profit margin would result in a selling price of around €798,000. Buy-to-let angle. With an estimated gross yield of 4.6%, the property could generate rental income of approximately €2,549 per month. The area's tourism-driven economy makes it suitable for both short-term vacation rentals and long-term rentals, increasing the investment's attractiveness.
Fair value modelled at €1,181,786 from 6 comparable sales in the area. Asking €665,000 sits €516,786 (43.7%) below — the upside to fair value.
Asking €665,000 versus the rua 13 de Maio S / N area baseline of €967,369 (€3,610/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 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 €967,369, adjusted for condition and micro-location, gives a modelled fair value of €1,181,786 (€4,410/m²), a €516,786 (43.7%) gap versus the €665,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua 13 de Maio S / N | Subject | €665,000 | €2,481 | — | 80 | 74 |
| Alcantarilha e Pêra · 1908f9 | Active | €410,000 | €3,504 | 41.2% | 70 | 73 |
| Alcantarilha e Pêra · 831419 | Active | €665,000 | €4,433 | 78.7% | 75 | 73 |
| Alcantarilha e Pêra · 4b97ce | Active | €318,000 | €2,650 | 6.8% | 72 | 70 |
| Alcantarilha e Pêra · b329ea | Active | €775,000 | €4,532 | 82.6% | 82 | 71 |
| Median comp | €537,500 | €3,969 | 59.9% | 74 | 72 |
Short-term vacation rental The property located in Alcantarilha e Pêra has a fair value significantly exceeding the listing price, indicating potential high profitability as a short-term vacation rental in a tourism-driven economy. With a gross yield of 4.6%, this investment could attract seasonal visitors, leveraging the area's appeal as a coastal destination. Long-term rental Acquiring this property for long-term rental is advantageous, given the substantial gap to fair value and solid neighborhood ratings, particularly with a condition score of 83/100. It presents an opportunity to secure a quality asset that can yield steady rental income while holding potential for appreciation over time. Buy-and-hold Investing in this property as a buy-and-hold strategy is supported by its notable underpricing relative to fair value, making it a compelling choice for future appreciation in a desirable location. The combination of solid condition and decent neighborhood metrics suggests that this asset can provide both immediate cash flow and long-term value growth.
Economic Vulnerability A lower economic stability score of 65/100 indicates potential susceptibility to market fluctuations that could impact 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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