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.
6-bedroom, 3-bathroom country_house of 251 m². Located Silves parish, Silves municipality, Faro district. Unique Feature: The property boasts a large outdoor area ideal for creating custom leisure spaces, ensuring an inviting environment to enjoy the surrounding natural beauty and tranquility. Potential: Ample opportunity for renovations to personalize living spaces or establish a rural tourism project.
The valuation. The asking price of €2,300,000 is significantly above the fair value of €1,014,799, representing an excess of €1,285,201 or 126.6%. This property is overpriced based on the current market evaluation.
Fair value modelled at €1,014,799 from 6 comparable sales in the area. Asking €2,300,000 sits €1,285,201 (126.6%) above — overpriced versus fair value.
Asking €2,300,000 versus the Silves, Silves, Faro area baseline of €927,044 (€3,693/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 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 €927,044, adjusted for condition and micro-location, gives a modelled fair value of €1,014,799 (€4,043/m²), a €1,285,201 (126.6%) gap versus the €2,300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Silves · 80044d | Subject | €2,300,000 | €9,163 | — | 62 | 74 |
| Estômbar e Parchal · 6a920a | Active | €2,200,000 | €3,308 | 63.9% | 62 | 70 |
| via Algarviana | Active | €1,150,000 | €5,000 | 45.4% | 80 | 74 |
| Silves · 023943 | Active | €575,000 | €2,255 | 75.4% | 72 | 80 |
| Silves · 6fbddb | Active | €380,000 | €2,375 | 74.1% | 80 | 61 |
| Median comp | €862,500 | €2,842 | 69.0% | 76 | 72 |
Short-term vacation rental This property, despite its location in a tourist-heavy area, is overpriced with a fair value significantly lower than the listing price, creating a critical gap of 126.6%. The gross yield of 0% further underscores the lack of profitability for short-term rental purposes, making it a non-viable investment option. Buy-and-hold Holding this property as a long-term asset is not advisable due to its current price being 126.6% above its fair value, leading to potential capital depreciation. Additionally, the mediocre condition score of 65/100 suggests future capital expenditures that could further erode returns on investment. Long-term rental Acquiring this property for long-term rental is unwise as its valuation is misaligned with market expectations, being overpriced by 126.6% relative to its fair value. The combination of zero rental yield and a challenging condition rating of 65/100 indicates that the property could be less attractive to prospective tenants in the rental market.
Economic vulnerability The economic stability score of 60/100 suggests a heightened risk of market fluctuations that may impact cash flow and profitability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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