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 house of 189 m², energy rating C. Located on rua Algoz Park, 2, Algoz e Tunes parish, Silves municipality, Faro district. Noteworthy Features: The property includes a programmable automatic irrigation system for the garden, and each en-suite bedroom has a private terrace offering unobstructed views of the tranquil surroundings.
The valuation. The asking price of €595,000 sits €144,836 (19.6%) below the fair value of €739,836, indicating that it is underpriced for potential investors looking for value opportunities in the market.
Fair value modelled at €739,836 from 6 comparable sales in the area. Asking €595,000 sits €144,836 (19.6%) below — the upside to fair value.
Asking €595,000 versus the rua Algoz Park, 2 area baseline of €719,561 (€3,807/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 below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €719,561, adjusted for condition and micro-location, gives a modelled fair value of €739,836 (€3,914/m²), a €144,836 (19.6%) gap versus the €595,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Algoz Park, 2 | Subject | €595,000 | €3,148 | — | 75 | 72 |
| rua da Ponte Romana, 1 | Active | €479,000 | €3,303 | 4.9% | 72 | 70 |
| Guia · 3df29b | Active | €595,000 | €3,914 | 24.3% | 76 | 76 |
| Guia · 622949 | Active | €595,000 | €3,914 | 24.3% | 75 | 71 |
| Guia · 19f5ad | Active | €595,000 | €3,914 | 24.3% | 74 | 68 |
| Median comp | €595,000 | €3,914 | 24.3% | 75 | 71 |
Short-term vacation rental The property in Algoz e Tunes presents a compelling opportunity for short-term vacation rentals, boasting a fair value that is significantly higher than its listing price. With the rental yield at 4% and the region's strong tourism appeal, this investment is well-positioned to generate attractive returns. Long-term rental Given the high demand for long-term rentals in Algarve, this property offers a unique opportunity with a yield of 4% against a fair value that is 19.6% higher than the listing price. The favorable condition and decent neighborhood score enhance its appeal as a stable long-term rental investment. Buy-and-hold As a buy-and-hold investment in a rapidly appreciating area, this property showcases strong growth potential with its fair value notably exceeding its listing price. The property’s 4% yield, combined with the region's rental market strength, signals a promising opportunity for future appreciation and cash flow stability.
Economic Risk The economic stability score of 55 indicates potential volatility in the local economy, which could affect tenant retention and 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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