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.
8-bedroom, 3-bathroom house of 121 m², built in 1970, energy rating F. Located Algoz e Tunes parish, Silves municipality, Faro district. Historic charm meets modern potential with three kitchens and spacious outdoor areas suitable for warehouses, perfect for versatile use or renovation in the heart of Algoz.
The valuation. The asking price of €1,500,000 is significantly above fair value, which is assessed at €835,590. This represents an overpricing of €664,410 or 79.5%. Buy-to-flip angle. A short-term flip strategy may not be effective here, given the significant cost basis relative to fair market prices. Buy-to-let angle. With a gross yield of 0%, long-term rental income appears unfeasible under current market conditions, limiting the property's potential as a viable investment.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Algoz e Tunes · 5e61eb | Subject | €1,500,000 | €12,397 | — | — | 72 |
| Algoz e Tunes · 25f4cf | Active | €465,000 | €4,895 | 60.5% | — | 72 |
| Algoz e Tunes · 937402 | Active | €500,000 | €3,247 | 73.8% | 79 | 74 |
| Algoz e Tunes · a80bf3 | Active | €535,000 | €9,068 | 26.9% | 80 | 70 |
| Algoz e Tunes · a80336 | Active | €535,000 | €8,917 | 28.1% | 85 | 73 |
| Median comp | €517,500 | €6,906 | 44.3% | 80 | 73 |
Short-term vacation rental The property presents a significant gap of 79.5% above the fair value of €835,590, indicating it is overpriced for the short-term vacation rental strategy. With a gross yield of 0% and a significant condition rating of 0/100, the potential for a profitable vacation rental investment is severely limited. Buy-and-hold Investing in this property as a buy-and-hold asset is questionable given its current valuation of €1,500,000, which is substantially above the fair value determined at €835,590 and indicates it is overpriced. The lack of yield at 0% and poor condition score further suggest that holding this asset may not yield any significant returns over time. Family rental This 8-bed property’s listing price of €1,500,000 is well above the fair value of €835,590, marking it as overpriced for a family rental strategy. The property’s condition rating of 0/100 raises red flags about its livability, thereby diminishing its attractiveness to potential family renters in the competitive Algarve market.
Economic Vulnerability The economic stability score of 65 suggests a moderate risk of market fluctuations 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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