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, 3-bathroom house of 254 m², energy rating B. Located Alcantarilha e Pêra parish, Silves municipality, Faro district. Noteworthy Feature: The property includes a fireplace with a heat recuperator, efficiently distributing warmth to the bedrooms, and a private outdoor area with a pergola for dining. Amenities: The gated community offers a pool and landscaped common areas, enhancing the tranquil atmosphere.
The valuation. The asking price of €600,000 is slightly below fair value of €651,681, positioning it at a 7.9% discount. This makes it a reasonable acquisition as it aligns with market expectations.
Fair value modelled at €651,681 from 6 comparable sales in the area. Asking €600,000 sits €51,681 (7.9%) below — the upside to fair value.
Asking €600,000 versus the Alcantarilha e Pêra, Silves, Faro area baseline of €488,189 (€1,922/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €488,189, adjusted for condition and micro-location, gives a modelled fair value of €651,681 (€2,566/m²), a €51,681 (7.9%) gap versus the €600,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alcantarilha e Pêra · e83442 | Subject | €600,000 | €2,362 | — | 75 | 70 |
| Alcantarilha e Pêra · a80338 | Active | €665,000 | €2,481 | 5.0% | 78 | 75 |
| Alcantarilha e Pêra · a8024d | Active | €665,000 | €2,481 | 5.0% | 78 | 71 |
| rua 13 de Maio S / N | Active | €665,000 | €2,481 | 5.0% | 80 | 74 |
| Alcantarilha e Pêra · 1908f9 | Active | €410,000 | €3,504 | 48.3% | 70 | 73 |
| Median comp | €665,000 | €2,481 | 5.0% | 78 | 74 |
Long-term rental The property presents a decent gross yield of 4.3%, aligning well with long-term rental strategies in the Alcantarilha e Pêra area. Given the fair valuation and stable demand due to proximity to the Algarve coast, it can adequately serve tenant needs without significant risk. Short-term vacation rental The proximity to the Algarve coast positions the property well for short-term vacation rentals, tapping into the seasonal tourism demand of the region. However, with a fair valuation, the profitability may be limited compared to more attractive market opportunities. Buy-and-hold With a fair value indicating stability, this property could be a suitable buy-and-hold investment within the prevailing market conditions. Its moderate yield and solid condition make it a reasonable choice for long-term appreciation, albeit not a robust bargain. Not ideal for student housing Considering the neighborhood's characteristics, which do not emphasize a student demographic, this property is not suitable for student housing investment. The location and property size do not align with typical demands in the student rental market. Not ideal for luxury market This property does not meet the criteria for luxury market investments, given its fair valuation and average neighborhood ratings. The area’s amenities and tenant quality suggest limited appeal among high-end clientele, making it a less attractive option for luxury housing.
Economic vulnerability With an economic stability score of 65/100 and a tenant stability score of 65/100, there is a significant risk that fluctuations in the local economy could lead to increased vacancies or reduced 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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