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, energy rating B. Located Alcantarilha e Pêra parish, Silves municipality, Faro district. The property includes a well-designed outdoor space with a barbecue patio, palm trees, and a south-facing balcony from the master suite that overlooks the pool.
The valuation. The asking price of €665,000 is significantly below the fair value of €1,063,639, indicating an undervalued opportunity at €398,639, or 37.5% less than market expectations. Buy-to-flip angle. With renovations yielding high-quality finishes, a resale strategy targeting vacation buyers could maximize profits. Buy-to-let angle. Estimated rental income of €2,549/month offers a gross yield of 4.6%, making it an attractive option for long-term rental in a tourist-friendly area.
Fair value modelled at €1,063,639 from 4 comparable sales in the area. Asking €665,000 sits €398,639 (37.5%) below — the upside to fair value.
Asking €665,000 versus the Alcantarilha e Pêra, Silves, Faro area baseline of €860,509 (€3,211/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €860,509, adjusted for condition and micro-location, gives a modelled fair value of €1,063,639 (€3,969/m²), a €398,639 (37.5%) gap versus the €665,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alcantarilha e Pêra · a8024d | Subject | €665,000 | €2,481 | — | 78 | 71 |
| 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 offers a competitive gross yield of 4.6% in a high-demand tourist area, making it a lucrative option for short-term vacation rentals. With significant upside potential of 37.5% against fair value, this investment capitalizes on the strong tourism market in Alcantarilha e Pêra. Long-term rental Given its favorable condition rating of 81/100 and the solid local demand, this property is ideal for long-term rental purposes. The substantial gap to fair value signifies the potential for increasing appreciation in rental income over time. Buy-and-hold As a buy-and-hold investment, the property presents an attractive opportunity with a gross yield of 4.6% and a significant fair value gap. Its location in a thriving coastal region ensures a steady demand, making it a strategic long-term asset. Not ideal for: Student housing, Industrial use, Luxury market
Economic vulnerability Given the economic stability score of 55/100, there is a significant risk of economic downturns which could adversely affect property values and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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