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, 5-bathroom house of 308 m², built in 2003, energy rating E. Located Algoz e Tunes parish, Silves municipality, Faro district. Unique Features: The property includes an independent basement apartment with private entrance, ideal for generating rental income or accommodating guests with complete privacy.
The valuation. The asking price of €548,000 sits €30,840 below the fair value of €578,840, indicating a slight underperformance in pricing at 5.3%. This property is thus fairly valued in the current market.
Fair value modelled at €578,840 from 6 comparable sales in the area. Asking €548,000 sits €30,840 (5.3%) below — the upside to fair value.
Asking €548,000 versus the Algoz e Tunes, Silves, Faro area baseline of €520,608 (€1,690/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €520,608, adjusted for condition and micro-location, gives a modelled fair value of €578,840 (€1,879/m²), a €30,840 (5.3%) gap versus the €548,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Algoz e Tunes · e554cd | Subject | €548,000 | €1,779 | — | 73 | 63 |
| Alcantarilha e Pêra · 3df582 | Active | €760,000 | €2,032 | 14.2% | 80 | 65 |
| urbanização Colina Verde | Active | €650,000 | €2,444 | 37.3% | 75 | 71 |
| Algoz e Tunes · c49866 | Active | €480,000 | €1,727 | 3.0% | 75 | 64 |
| Algoz e Tunes · 0900ca | Active | €215,000 | €1,086 | 39.0% | — | 62 |
| Median comp | €565,000 | €1,880 | 5.6% | 75 | 65 |
Short-term vacation rental In the current market, this property offers a gross yield of 4.9%, which aligns with typical expectations for vacation rentals in the Algarve region. Given its fair valuation and moderate condition score of 76/100, it stands as a reasonable choice for short-term rental, but may not achieve optimum revenues due to the neighborhood rating of 63/100. Buy-and-hold With a fair market price of €548,000 against a fair value of €578,840, this property could serve as a steady long-term investment that aligns closely with market expectations. However, the yield of 4.9% alongside the neighborhood quality at 63/100 suggests potential limitations in capital appreciation over time. Value-add renovation While the current condition score of 76/100 indicates potential for improvement, the property is fairly priced at €548,000 with a moderate gap to fair value. Investors considering value-add strategies may encounter challenges in extracting significant returns due to the existing neighborhood rating of 63/100, which may limit post-renovation demand.
Economic Volatility Risk The economic stability score of 55/100 suggests potential volatility in the property market that may affect tenancy rates adversely, compounded by a tenant stability score of 60/100 indicating a moderate risk of tenant turnover.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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