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.
2-bedroom, 2-bathroom apartment of 139 m², energy rating C. Located Alcantarilha e Pêra parish, Silves municipality, Faro district. This apartment boasts direct access to outdoor spaces from both bedrooms, enhancing its bright, airy feel and promoting seamless indoor-outdoor living in a premium resort setting.
The valuation. The asking price of €410,000 sits €33,903 (7.6%) below the fair value of €443,903, indicating a property that is fairly priced. This suggests a balanced opportunity for potential investors.
Fair value modelled at €443,903 from 5 comparable sales in the area. Asking €410,000 sits €33,903 (7.6%) below — the upside to fair value.
Asking €410,000 versus the Alcantarilha e Pêra, Silves, Faro area baseline of €338,094 (€2,432/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 €338,094, adjusted for condition and micro-location, gives a modelled fair value of €443,903 (€3,194/m²), a €33,903 (7.6%) gap versus the €410,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alcantarilha e Pêra · a6d508 | Subject | €410,000 | €2,950 | — | 79 | 72 |
| avenida Beira Mar | Active | €495,000 | €3,194 | 8.3% | 74 | 65 |
| urbanização Quinta da Torre, 11 | Active | €375,000 | €3,378 | 14.5% | 72 | 71 |
| Armação de Pêra · f14d7e | Active | €450,000 | €2,473 | 16.2% | 80 | 75 |
| rua das Acácias | Active | €410,000 | €3,981 | 35.0% | 73 | 75 |
| Median comp | €430,000 | €3,286 | 11.4% | 74 | 73 |
Short-term vacation rental The property’s valuation is aligned with its fair value, suggesting cautious optimism for investment as a vacation rental. However, with a gross yield of 0% and a condition rating of 82/100, potential returns may not meet expectations in a competitive tourist market. Long-term rental Given the fair value of the property and the neighborhood's appeal, it could serve as a stable long-term rental option. Nevertheless, the lack of yield could strain profitability, particularly when considering management overheads in a market with varying tenant quality. Family rental Although the property is fairly priced and located within a community benefiting from tourism, its yield remains at 0%. This lack of return indicates that renting to families may not produce the financial benefits investors typically seek in the Algarve’s housing market.
Economic vulnerability With an economic stability score of 60/100, there is a risk that economic fluctuations could negatively impact property values and 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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