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, 1-bathroom house of 54 m², built in 1951. Located Silves parish, Silves municipality, Faro district. Noteworthy Features: This townhouse includes a patio and terrace, perfect for enjoying the Algarve climate and creating a serene leisure space in a historic setting.
The valuation. The asking price of €234,900 is significantly above fair value at €194,164, resulting in an overpricing of €40,736, or 21%. This discrepancy raises concerns regarding the return potential versus market expectations.
Fair value modelled at €194,164 from 6 comparable sales in the area. Asking €234,900 sits €40,736 (21.0%) above — overpriced versus fair value.
Asking €234,900 versus the Silves, Silves, Faro area baseline of €161,044 (€2,982/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €161,044, adjusted for condition and micro-location, gives a modelled fair value of €194,164 (€3,596/m²), a €40,736 (21.0%) gap versus the €234,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Silves · e554fa | Subject | €234,900 | €4,350 | — | 75 | 73 |
| Silves · ba57d8 | Active | €245,000 | €4,900 | 12.6% | 78 | 65 |
| rua das Quintas | Active | €270,000 | €3,506 | 19.4% | 70 | 65 |
| rua Dom Afonso III S / N | Active | €185,000 | €3,304 | 24.1% | — | 76 |
| rua da Boavista | Active | €339,000 | €3,685 | 15.3% | 72 | 70 |
| Median comp | €257,500 | €3,596 | 17.3% | 72 | 68 |
Short-term vacation rental The property’s listing price of €234,900 exceeds its fair value by 21.0%, indicating it is overpriced for the short-term vacation rental market. Given the 3.8% gross yield and the area's heavy reliance on seasonal tourism, potential returns may not justify this high entry price. Buy-and-hold With a fair value of €194,164 and a listing price significantly above that, this property is overpriced as a buy-and-hold investment. The moderate yield of 3.8% suggests that capital appreciation may not offset the elevated purchase price over time. Family rental The 1-bed house, priced at €234,900, is overpriced compared to its fair value of €194,164, making it a less attractive option for family rentals. The property’s condition score of 74/100 and neighborhood score of 73/100 do not compensate for the gap in valuation, resulting in reduced rental appeal for families seeking affordability.
Potential Economic Fluctuation The economic stability score of 65 indicates a moderate risk of fluctuations in the local economy that could impact rental income and property value over time.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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