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 75 m², energy rating E. Located Alcantarilha e Pêra parish, Silves municipality, Faro district. The property boasts a private barbecue area, enhancing outdoor entertaining, with unobstructed views over the surrounding landscape and golf courses for a serene ambiance.
The valuation. The asking price of €490,000 is significantly above the fair value of €359,207, reflecting an overpricing of €130,793 or 36.4%. This discrepancy suggests a lack of potential upside for investors focused on appreciation.
Fair value modelled at €359,207 from 6 comparable sales in the area. Asking €490,000 sits €130,793 (36.4%) above — overpriced versus fair value.
Asking €490,000 versus the Alcantarilha e Pêra, Silves, Faro area baseline of €321,605 (€4,288/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €321,605, adjusted for condition and micro-location, gives a modelled fair value of €359,207 (€4,789/m²), a €130,793 (36.4%) gap versus the €490,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alcantarilha e Pêra · 3a7293 | Subject | €490,000 | €6,533 | — | 79 | 80 |
| rua de Caravela | Active | €749,900 | €4,120 | 36.9% | 65 | 71 |
| Silves · 6fbc70 | Active | €794,999 | €5,559 | 14.9% | 75 | 72 |
| urbanização Morgado Lameira, 16 | Active | €1,100,000 | €5,641 | 13.7% | 85 | 70 |
| Alcantarilha e Pêra · 911411 | Active | €325,000 | €3,779 | 42.2% | 70 | 71 |
| Median comp | €772,450 | €4,840 | 25.9% | 73 | 71 |
Short-term vacation rental This property, listed at €490,000, is priced significantly above its fair value of €359,207, indicating a 36.4% gap that suggests it is overpriced for a vacation rental investment. With a gross yield of only 2.4%, the return does not justify the asking price in a tourism-centric market. Long-term rental The €490,000 asking price creates a substantial barrier to entry for long-term rental, as it exceeds the fair value by 36.4%. With a gross yield of just 2.4%, this investment lacks the potential for attractive returns in the long-term rental market. Family rental Despite the decent condition rating of 82/100, the high price of €490,000 places this property well above its fair value, indicating it is overpriced for family rental purposes. The low gross yield of 2.4% further diminishes its appeal in a market where families may seek more affordable housing options.
Economic sensitivity A score of 70/100 for economic stability suggests potential vulnerability to economic downturns that could impact 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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