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, 1-bathroom house of 100 m², built in 1970, energy rating E. Located Silves parish, Silves municipality, Faro district. Noteworthy Features: The property boasts a spacious rooftop with excellent solar exposure, ideal for conversion into a versatile outdoor lounge, enhancing its leisure potential amidst stunning views.
The valuation. The asking price of €325,000 is significantly above its fair value of €232,571, representing an overvaluation of €92,429 (39.7%). This property is currently overpriced based on market standards.
Fair value modelled at €232,571 from 6 comparable sales in the area. Asking €325,000 sits €92,429 (39.7%) above — overpriced versus fair value.
Asking €325,000 versus the Silves, Silves, Faro area baseline of €207,116 (€2,071/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 58/100 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 €207,116, adjusted for condition and micro-location, gives a modelled fair value of €232,571 (€2,326/m²), a €92,429 (39.7%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Silves · 2d8567 | Subject | €325,000 | €3,250 | — | 55 | 72 |
| Silves · 99f36c | Active | €260,000 | €2,626 | 19.2% | 66 | 70 |
| Silves · 43912d | Active | €280,000 | €2,154 | 33.7% | 62 | 65 |
| Silves · 800408 | Active | €389,000 | €3,297 | 1.4% | 65 | 65 |
| Silves · dee52d | Active | €280,000 | €2,276 | 30.0% | 70 | 66 |
| Median comp | €280,000 | €2,451 | 24.6% | 66 | 66 |
Short-term vacation rental The property’s 39.7% gap above fair value at €325,000 suggests it is overpriced, which limits its potential as a short-term vacation rental in a tourism-driven market. With a gross yield of only 4% and a condition score of 58/100, the investment may not generate sufficient returns compared to other opportunities. Long-term rental This property’s substantial overpricing makes it less competitive for long-term rental prospects, especially given the local demand from tourists and expatriates. With a fair value of €232,571, the current listing price of €325,000 does not align with typical rental yields that are often more favorable in the Algarve. Buy-and-hold Despite the allure of the location, purchasing this property at an overvaluation of nearly 40% indicates a higher risk for long-term appreciation. Investors seeking a buy-and-hold strategy would likely be better off considering properties closer to or below fair value to ensure sustainable growth over time.
Economic Vulnerability The economic stability score of 65/100 indicates potential fluctuations in the local economy that could affect rental income and property value.**
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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