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 136 m², built in 2010, energy rating C. Located Silves parish, Silves municipality, Faro district. Noteworthy Features: This apartment offers a spacious balcony with a direct view of the historic Silves Castle, enhancing its charm and outdoor living potential.
The valuation. The asking price of €325,000 is slightly below the fair value of €332,438, representing a difference of €7,438 (2.2%). This property can be considered fairly priced in the current market conditions.
Fair value modelled at €332,438 from 6 comparable sales in the area. Asking €325,000 sits €7,438 (2.2%) below — the upside to fair value.
Asking €325,000 versus the Silves, Silves, Faro area baseline of €245,177 (€1,803/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €245,177, adjusted for condition and micro-location, gives a modelled fair value of €332,438 (€2,444/m²), a €7,438 (2.2%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Silves · 7cac1d | Subject | €325,000 | €2,390 | — | 73 | 72 |
| Silves · caa1d3 | Active | €307,500 | €2,929 | 22.5% | 78 | 75 |
| Silves · f35ea5 | Active | €295,000 | €2,757 | 15.4% | 78 | 67 |
| rua da Hortelã, 119 | Active | €295,000 | €2,092 | 12.4% | 70 | 71 |
| Silves · 38b748 | Active | €295,000 | €2,107 | 11.8% | 78 | 64 |
| Median comp | €295,000 | €2,432 | 1.8% | 78 | 69 |
Long-term rental Investment in this property for long-term rental may yield moderate returns, as indicated by a gross yield of 3%. The fair value of €332,438 suggests that the price is not significantly advantageous for a long-term gain. Short-term vacation rental While the tourism appeal in Silves presents opportunities for short-term vacation rental, the yield of 3% does not reflect a robust return on investment. Consequently, the property is positioned at fair value, which limits its potential for substantial short-term profit in a competitive market. Buy-and-hold Considering a buy-and-hold strategy, the property's condition rating of 75/100 and the fair market alignment may provide a stable asset for future appreciation. However, the modest yield and the fair valuation indicate that the upside for significant profits is limited in the current market conditions.
Economic volatility risk The economic stability score of 65/100 indicates a moderate risk of economic fluctuations that could impact 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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