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, 1-bathroom house of 100 m², built in 1981, energy rating D. Located Silves parish, Silves municipality, Faro district. Noteworthy Features: The property includes a heat recovery system in one living room, enhancing energy efficiency, and offers a large storage area in the roof space for versatile use.
The valuation. The asking price of €257,000 is significantly above the fair value of €227,642, marking an overpricing of €29,358 (12.9%). This suggests that potential buyers should approach with caution, given the disparity in valuation.
Fair value modelled at €227,642 from 5 comparable sales in the area. Asking €257,000 sits €29,358 (12.9%) above — overpriced versus fair value.
Asking €257,000 versus the Silves, Silves, Faro area baseline of €178,293 (€1,783/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 €178,293, adjusted for condition and micro-location, gives a modelled fair value of €227,642 (€2,276/m²), a €29,358 (12.9%) gap versus the €257,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Silves · a4661a | Subject | €257,000 | €2,570 | — | 71 | 71 |
| Silves · 262068 | Active | €165,000 | €1,833 | 28.7% | — | 68 |
| Silves · efdd1b | Active | €389,000 | €3,297 | 28.3% | 65 | 70 |
| escadas do Mirante | Active | €290,000 | €2,071 | 19.4% | — | 69 |
| Silves · dee52d | Active | €280,000 | €2,276 | 11.4% | 70 | 66 |
| Median comp | €285,000 | €2,174 | 15.4% | 68 | 69 |
Short-term vacation rental The property is priced at €257,000, which is 12.9% above its fair value of €227,642, indicating that it is overpriced. With a gross yield of 8.7%, the potential return is attractive, but the overvaluation raises concerns about profitability in this competitive vacation rental market. Buy-and-hold While the buy-and-hold strategy can benefit from future appreciation in Silves, the property's current price of €257,000 reflects a 12.9% premium over its fair value of €227,642, classifying it as overpriced. Investors should carefully consider ongoing market conditions before committing, as the risk profile increases in relation to its current valuation. Family rental At €257,000, the property is currently overpriced by 12.9% compared to its fair value of €227,642, which may hinder cash flow potential for family rentals. Additionally, while the neighborhood scores 71/100, the higher price tag poses challenges in attracting tenants who are budget-conscious in this market. Not ideal for: Student housing, Luxury market
Economic Vulnerability The economic stability score of 65/100 suggests that the property may be subject to fluctuations in local economic conditions, potentially impacting rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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