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.
5-bedroom, 1-bathroom house of 164 m², built in 1983, energy rating E. Located São Marcos da Serra parish, Silves municipality, Faro district. Noteworthy Features: The property includes a spacious backyard for outdoor activities and boasts a living room with a traditional fireplace, adding charm and potential for renovation.
The valuation. The asking price of €325,000 is slightly below the fair value of €330,128, indicating it is fairly valued at €5,128 or 1.6% under market expectations. Buy-to-flip angle. The property can be renovated to capitalize on its unique design features, appealing to the short-term vacation rental market, with potential for a profitable resale. Buy-to-let angle. In a tourist-focused area of Algarve, the property can be positioned as a short-term rental, although the current gross yield stands at 0% due to the need for improvements to fetch competitive rental income.
Fair value modelled at €330,128 from 6 comparable sales in the area. Asking €325,000 sits €5,128 (1.6%) below — the upside to fair value.
Asking €325,000 versus the São Marcos da Serra, Silves, Faro area baseline of €300,539 (€1,833/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 46/100 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 €300,539, adjusted for condition and micro-location, gives a modelled fair value of €330,128 (€2,013/m²), a €5,128 (1.6%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Marcos da Serra · 53ccc3 | Subject | €325,000 | €1,982 | — | 42 | 55 |
| rua dos Ferroviários S / N | Active | €300,000 | €2,500 | 26.2% | 50 | 66 |
| São Marcos da Serra · f5eae7 | Active | €289,000 | €2,408 | 21.5% | 30 | 62 |
| São Marcos da Serra · 3d964c | Active | €675,000 | €2,220 | 12.0% | 75 | 65 |
| São Marcos da Serra · f5e9d3 | Active | €169,000 | €1,056 | 46.7% | — | 63 |
| Median comp | €294,500 | €2,314 | 16.8% | 50 | 64 |
Short-term vacation rental This property is situated in a tourist-oriented area of Algarve, making it a potential candidate for short-term vacation rentals. However, with a gross yield of 0% and a fair value gap of just 1.6%, the investment presents limited profitability in the current market. Buy-and-hold Given the current fair valuation at €325,000, this property may serve as a decent buy-and-hold investment, but the lack of gross yield underscores potential underperformance in cash flow. The house's condition rating of 46/100 suggests that while it may appreciate over time, immediate returns are unlikely to be favorable. Value-add renovation With a condition rating of 46/100, there is potential for value-add through renovations, yet the property’s fair value alignment indicates it is not a significant discount opportunity. Investing in renovations could yield better future returns, but the initial pricing reflects a fair market value, limiting immediate upside potential.
Economic Vulnerability The property's economic stability score of 45 out of 100 indicates a high risk of economic downturns impacting rental income and property value negatively.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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