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.
1-bedroom, 2-bathroom apartment of 140 m². Located on rua Amália Rodrigues, 5, Silves parish, Silves municipality, Faro district. Unique Feature: The apartment includes a hydromassage bathtub and a large terrace of 40 square meters, perfect for outdoor entertaining in a gated community with children's amenities.
The valuation. The asking price of €315,000 is significantly below fair value, which sits at €398,846. This price differential of €83,846 (21.0%) indicates that the property is underpriced, presenting an attractive opportunity for buyers.
Fair value modelled at €398,846 from 6 comparable sales in the area. Asking €315,000 sits €83,846 (21.0%) below — the upside to fair value.
Asking €315,000 versus the rua Amália Rodrigues, 5 area baseline of €355,008 (€2,536/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 61/100 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 €355,008, adjusted for condition and micro-location, gives a modelled fair value of €398,846 (€2,849/m²), a €83,846 (21.0%) gap versus the €315,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Amália Rodrigues, 5 | Subject | €315,000 | €2,250 | — | 61 | 70 |
| Silves · 7cac1d | Active | €325,000 | €2,390 | 6.2% | 73 | 72 |
| avenida do Enxerim S / N | Active | €275,000 | €2,132 | 5.3% | 65 | 71 |
| Silves · caa1d3 | Active | €307,500 | €2,929 | 30.2% | 78 | 75 |
| Silves · f469e0 | Active | €295,000 | €3,278 | 45.7% | 68 | 72 |
| Median comp | €301,250 | €2,660 | 18.2% | 71 | 72 |
Short-term vacation rental Given the property is listed at €315,000, which is 21.0% under the fair value of €398,846, it presents a lucrative opportunity for short-term vacation rentals in the tourist-attracting Algarve region. The area's allure for year-round tourism, complemented by a reasonably strong neighborhood score of 70/100, suggests the potential for solid rental income despite the current yield of 0% gross. Long-term rental As a relatively spacious 1-bed apartment at 140m², this property could appeal to long-term renters seeking comfort in Silves, particularly because it is priced at €315,000, well below its fair market value. Although it currently has a modest yield of 0% gross, the favorable gap vs fair value indicates that tenant demand may support sustainable rental returns over time. Buy-and-hold This property, priced 21.0% below its fair value of €398,846, shows potential for growth in a vibrant vacation market, making it a sound buy-and-hold investment in Silves. With the added benefit of being located in the popular Algarve region, the modest condition score of 61/100 can be addressed through future renovations, enhancing its long-term value appreciation.
Economic Vulnerability The economic stability score of 55/100 suggests potential instability in the local economy, which could affect overall investment performance.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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