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 186 m², energy rating C. Located Alcantarilha e Pêra parish, Silves municipality, Faro district. This property features three balconies and a terrace, offering ample outdoor space for relaxation and entertainment, alongside a barbecue area with a gazebo perfect for gatherings.
The valuation. The asking price of €640,000 sits slightly below the fair value of €652,649, representing a difference of €12,649 or 1.9%. This positions the property at a fair value. Buy-to-flip angle. A buy-to-flip strategy could leverage the quality materials while updating dated elements, aiming for a resale price that exceeds the asking price in a favorable market. Buy-to-let angle. With an estimated gross yield of 3.3% from a potential monthly rental income of €1,760, the property could serve well as a long-term family rental or short-term vacation rental in the appealing Algarve region.
Fair value modelled at €652,649 from 6 comparable sales in the area. Asking €640,000 sits €12,649 (1.9%) below — the upside to fair value.
Asking €640,000 versus the Alcantarilha e Pêra, Silves, Faro area baseline of €575,127 (€3,092/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 is below the parish average, reducing 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 €575,127, adjusted for condition and micro-location, gives a modelled fair value of €652,649 (€3,509/m²), a €12,649 (1.9%) gap versus the €640,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alcantarilha e Pêra · 828fed | Subject | €640,000 | €3,441 | — | 74 | 65 |
| rua da Ponte Romana, 1 | Active | €479,000 | €3,303 | 4.0% | 72 | 70 |
| rua São Sebastião Condominio Encosta da Guia | Active | €595,000 | €3,914 | 13.8% | 75 | 67 |
| Guia · 622949 | Active | €595,000 | €3,914 | 13.8% | 75 | 71 |
| Alcantarilha e Pêra · 4b97ce | Active | €318,000 | €2,650 | 23.0% | 72 | 70 |
| Median comp | €537,000 | €3,609 | 4.9% | 74 | 70 |
Short-term vacation rental The property in Alcantarilha e Pêra, listed at €640,000, offers a fair return potential with a gross yield of 3.3%, attractive for short-term vacation rentals in the popular Algarve region. However, with a fair value of €652,649, the slight gap of 1.9% indicates that investors should proceed with caution as market dynamics may not favor significant immediate upside. Buy-and-hold Given the current market conditions, this property stands at a fair valuation with the listing price sitting just 1.9% below its fair value. While the potential for long-term appreciation exists, the relatively low yield of 3.3% and average neighborhood ratings may limit performance over time. Family rental The property could serve as a suitable family rental, given its ample size and location within a mixed residential and tourist area. Nevertheless, at a listing price of €640,000 and a fair value of €652,649, investors should be aware that the market position is fair, providing modest prospects for rental income growth compared to competitive alternatives.
Economic Downturn Risk With an economic stability score of 55/100, there is a significant risk that future economic downturns could negatively impact property values and rental income, potentially leading to cash flow issues.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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