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.
4-bedroom, 2-bathroom house of 140 m². Located on rua dos Bombeiros Voluntários, 8, Alcantarilha e Pêra parish, Silves municipality, Faro district. Noteworthy Features: The property includes a 25 m² storage room and a back garden/vegetable patch, enhancing outdoor space and utility potential beyond standard living areas.
The valuation. The asking price of €495,000 is €40,169 (8.8%) higher than the fair value of €454,831, indicating a reasonable appraisal given current market conditions. Therefore, this property can be considered fairly priced. Buy-to-flip angle. With a gross yield of 4.6%, the potential for quick resale at a higher price exists, mainly leveraging the desirable Algarve location, especially as renovations can further enhance the property's appeal. Buy-to-let angle. The expected rental income is estimated at €1,898/month, enabling multiple strategies such as short-term vacation rentals or family rentals, capitalizing on the area's tourism and job dynamics to ensure steady demand.
Fair value modelled at €454,831 from 6 comparable sales in the area. Asking €495,000 sits €40,169 (8.8%) above — overpriced versus fair value.
Asking €495,000 versus the rua dos Bombeiros Voluntários, 8 area baseline of €419,966 (€3,000/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 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 €419,966, adjusted for condition and micro-location, gives a modelled fair value of €454,831 (€3,249/m²), a €40,169 (8.8%) gap versus the €495,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua dos Bombeiros Voluntários, 8 | Subject | €495,000 | €3,536 | — | 65 | 70 |
| Alcantarilha e Pêra · 828fed | Active | €640,000 | €3,441 | 2.7% | 74 | 65 |
| Alcantarilha e Pêra · 1f35e0 | Active | €550,000 | €3,235 | 8.5% | — | 62 |
| Alcantarilha e Pêra · 4b97ce | Active | €318,000 | €2,650 | 25.1% | 72 | 70 |
| rua das Amendoeiras, 12 | Active | €595,000 | €2,380 | 32.7% | — | 72 |
| Median comp | €572,500 | €2,943 | 16.8% | 73 | 68 |
Short-term vacation rental The property in Alcantarilha e Pêra offers a gross yield of 4.6%, appealing for short-term vacation rentals due to its proximity to the coastline and the vibrant tourist-related economy. However, considering the fair value of €454,831, the current listing at €495,000 suggests it is fairly priced, which may limit profitability in the competitive vacation rental market. Family rental Given its suitable size and decent neighborhood rating of 70/100, this property may attract local families seeking a stable rental option in the Algarve. Despite its fair pricing, the yield of 4.6% indicates that while it can provide steady income, it may not deliver substantial financial gains due to the pricing relative to fair value. Long-term rental The property holds potential for long-term rental given its condition score of 64/100 and advantageous location for residents. However, the fair listing price of €495,000 compared to the fair value indicates that while the property can generate consistent rental income, it may not provide the best value relative to investment returns.
Economic Downturn Risk The economic stability score of 65/100 suggests potential vulnerability to economic downturns, which could affect rental income stability for tenants rated at 70/100.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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