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, 3-bathroom house of 167 m², energy rating B. Located on urbanização Green Village, 9, Algoz e Tunes parish, Silves municipality, Faro district. Noteworthy Features: This property includes an office/room with independent access, perfect for remote work or as a guest suite, along with a low-maintenance backyard featuring synthetic grass and a barbecue area.
The valuation. The asking price of €600,000 sits €35,215 (5.5%) below the fair value of €635,215. This property is fairly priced in the current market.
Fair value modelled at €635,215 from 6 comparable sales in the area. Asking €600,000 sits €35,215 (5.5%) below — the upside to fair value.
Asking €600,000 versus the urbanização Green Village, 9 area baseline of €630,763 (€3,777/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €630,763, adjusted for condition and micro-location, gives a modelled fair value of €635,215 (€3,804/m²), a €35,215 (5.5%) gap versus the €600,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| urbanização Green Village, 9 | Subject | €600,000 | €3,593 | — | 72 | 66 |
| Algoz e Tunes · 8313e5 | Active | €620,000 | €3,804 | 5.9% | 78 | 66 |
| Algoz e Tunes · 8315aa | Active | €620,000 | €3,804 | 5.9% | 88 | 78 |
| rua da Ponte Romana, 1 | Active | €479,000 | €3,303 | 8.1% | 72 | 70 |
| Guia · a80479 | Active | €620,000 | €3,804 | 5.9% | 78 | 71 |
| Median comp | €620,000 | €3,804 | 5.9% | 78 | 71 |
Short-term vacation rental With a gross yield of 4.3%, this property is positioned in a region that benefits from Algarve's strong tourism, making it a viable option for short-term vacation rentals. However, considering the fair value gap of only 5.5%, it does not present a compelling investment opportunity compared to its price. Long-term rental The property's decent condition rating of 76/100 and the neighborhood score of 66/100 suggest it could draw stable long-term tenants, especially given the demand in the region. However, the fair value assessment indicates that the price tag reflects the potential rental income without significant upside for investors. Buy-and-hold With the current valuation just at fair value, investing in this property as a buy-and-hold strategy may be prudent for long-term capital appreciation, yet it lacks immediate pricing incentives for potential growth. The property fits well in a safe neighborhood, yet the yields and pricing suggest limited room for appreciation in the near term.
Tenant turnover risk The average tenant stability score of 65/100 indicates a higher likelihood of tenant turnover, which could lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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