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, 2-bathroom house of 198 m², energy rating F. Located Silves parish, Silves municipality, Faro district. A meticulously maintained rooftop terrace features a jacuzzi and photovoltaic panels, offering energy efficiency alongside breathtaking views of the Algarve landscape, enhancing both relaxation and sustainability.
The valuation. The asking price of €359,000 is significantly below the fair value of €623,667, representing an underpricing of €264,667 (42.4%). This presents an attractive opportunity for potential investors seeking value.
Fair value modelled at €623,667 from 6 comparable sales in the area. Asking €359,000 sits €264,667 (42.4%) below — the upside to fair value.
Asking €359,000 versus the Silves, Silves, Faro area baseline of €488,492 (€2,467/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €488,492, adjusted for condition and micro-location, gives a modelled fair value of €623,667 (€3,150/m²), a €264,667 (42.4%) gap versus the €359,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Silves · 3a7088 | Subject | €359,000 | €1,813 | — | 75 | 70 |
| São Bartolomeu de Messines · 1623a9 | Active | €375,000 | €2,143 | 18.2% | 75 | 71 |
| rua de Cumeada, 124 | Active | €390,000 | €4,643 | 156.1% | 75 | 63 |
| São Bartolomeu de Messines · 83410b | Active | €375,000 | €4,310 | 137.7% | 72 | 74 |
| rua de Nora, 181N | Active | €600,000 | €3,243 | 78.9% | 63 | 62 |
| Median comp | €382,500 | €3,777 | 108.3% | 74 | 67 |
Short-term vacation rental The property in Silves presents an attractive opportunity for short-term vacation rental given the region's strong tourism demand, with a substantial gap of 42.4% below its fair value indicating potential for profitable listings. The 198m² space can accommodate families and groups, appealing to a variety of travelers seeking accommodation in the picturesque Algarve. Buy-and-hold Considering the long-term growth potential of the Algarve region as a tourist hotspot, this property appears to be an excellent buy-and-hold investment given that it is currently subvalued at 42.4% below its fair value. Holding onto this asset would allow investors to benefit from future appreciation in property values driven by increasing demand in a thriving economy. Value-add renovation With a condition rating of 78/100, the property offers opportunities for value-add renovations that could elevate its appeal and rental income potential. Given the significant gap to fair value, investments in upgrades could drive up both the market value and profitability of the property, providing a strong return on investment. Not ideal for: The property is not well-suited for student housing or the luxury market due to its current condition and location dynamics. Additionally, the absence of a rental yield suggests that long-term rental strategies are not likely to perform effectively here.
Potential Economic Volatility The economic stability score of 65 indicates a moderate risk of fluctuations 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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