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 59 m², built in 1951, energy rating F. Located Algoz e Tunes parish, Silves municipality, Faro district. This property features beautifully preserved wood ceilings and sophisticated stone countertops, enhancing its modern charm and inviting ambiance throughout the spacious living areas.
The valuation. The asking price of €535,000 is significantly higher than the fair value of €233,640, representing an overpriced position of €301,360 (129.0%). Such a disparity raises concerns about potential investment return viability.
Fair value modelled at €233,640 from 5 comparable sales in the area. Asking €535,000 sits €301,360 (129.0%) above — overpriced versus fair value.
Asking €535,000 versus the Algoz e Tunes, Silves, Faro area baseline of €217,437 (€3,685/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €217,437, adjusted for condition and micro-location, gives a modelled fair value of €233,640 (€3,960/m²), a €301,360 (129.0%) gap versus the €535,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Algoz e Tunes · a80b58 | Subject | €535,000 | €9,068 | — | 90 | 77 |
| Algoz e Tunes · 25f4cf | Active | €465,000 | €4,895 | 46.0% | — | 72 |
| Algoz e Tunes · 467f4d | Active | €495,000 | €3,960 | 56.3% | 75 | 65 |
| Algoz e Tunes · 261ecb | Active | €363,000 | €2,927 | 67.7% | 73 | 70 |
| Algoz e Tunes · 937402 | Active | €500,000 | €3,247 | 64.2% | 79 | 74 |
| Median comp | €480,000 | €3,604 | 60.3% | 75 | 71 |
Short-term vacation rental This property, priced at €535,000, is significantly above its fair value of €233,640, indicating it is overpriced by 129%. With a gross yield of 0%, it fails to provide a viable return for short-term vacation rental investors in the prime Algarve market. Buy-and-hold At a listing price that exceeds the fair value by 129%, the €535,000 asking price for this house makes it a poor choice for a buy-and-hold investment. Despite the neighbourhood rating of 77/100, the lack of yield at 0% casts doubt on future appreciation and rental income potential. Long-term rental Valued at €233,640 versus the €535,000 listing, this property is priced 129% above its fair value and is not conducive to long-term rental strategy profitability. The combination of zero yield and an overpriced valuation suggests that it would be difficult to justify as a sustainable long-term rental investment.
Tenant turnover risk The economic and tenant stability scores of 75/100 suggest a potential risk of moderate tenant turnover, which could impact cash flow consistency and lead to increased vacancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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