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.
3-bedroom, 2-bathroom country_house of 278 m². Located Algoz e Tunes parish, Silves municipality, Faro district. Noteworthy Features: This property boasts an impressive 300° panoramic view and includes 9,000 m² of land with a private well and irrigation system, enhancing its value and sustainability.
The valuation. The asking price of €480,000 sits 9.1% below the fair value of €527,895, indicating a fair valuation for this property. It reflects a balanced market position, making it an appealing option for potential investors.
Fair value modelled at €527,895 from 6 comparable sales in the area. Asking €480,000 sits €47,895 (9.1%) below — the upside to fair value.
Asking €480,000 versus the Algoz e Tunes, Silves, Faro area baseline of €514,672 (€1,851/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €514,672, adjusted for condition and micro-location, gives a modelled fair value of €527,895 (€1,899/m²), a €47,895 (9.1%) gap versus the €480,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Algoz e Tunes · c49866 | Subject | €480,000 | €1,727 | — | 75 | 64 |
| Alcantarilha e Pêra · 4a42ef | Active | €445,000 | €1,918 | 11.1% | 70 | 73 |
| Algoz e Tunes · 0900ca | Active | €215,000 | €1,086 | 37.1% | — | 62 |
| beco de Estevais S / N | Active | €250,000 | €1,880 | 8.9% | 73 | 75 |
| rua do Alto do Palmeiral | Active | €599,000 | €1,762 | 2.0% | 62 | 68 |
| Median comp | €347,500 | €1,821 | 5.5% | 70 | 71 |
Short-term vacation rental The property offers a gross yield of 5.4%, which is competitive for short-term rentals in the Algarve’s tourist region. Despite its fair pricing, the property might not maximize returns in a seasonal market characterized by fluctuating demand. Long-term rental With a condition score of 78/100, this 3-bed country house is adequately appealing for long-term tenants seeking residence in Silves. The fair valuation suggests stability, but the subpar neighborhood rating (64/100) may deter higher-quality long-term tenants. Buy-and-hold Investing in this property for a buy-and-hold strategy could yield reasonable returns given its fair market value and solid yield. However, the limited potential for appreciation due to neighborhood and seasonal economic constraints might hinder long-term capital growth.
Moderate Economic Uncertainty With an economic stability score of 55/100, there is a risk that economic fluctuations could lead to decreased demand or lower rental income for tenants.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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