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 240 m². Located São Marcos da Serra parish, Silves municipality, Faro district. Noteworthy Features: This property includes 24,999 m² of diverse land with arable cultivation, a former vegetable garden, and a dam, offering excellent potential for sustainability and agriculture.
The valuation. The asking price of €198,000 is significantly below the fair value of €391,212, marking an opportunity as the property is underpriced by €193,212 (49.4%). Buy-to-flip angle. Acquiring this property for resale could leverage the underpricing, capitalizing on local demand, especially when renovated, to attract buyers seeking value. Buy-to-let angle. The potential for a short-term vacation rental in Algarve's tourism market could generate consistent income, although current rental income is pegged at 0% due to the property's condition, requiring improvements for yield.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Marcos da Serra · e3acb9 | Subject | €198,000 | €825 | — | — | 57 |
| São Marcos da Serra · 89e638 | Active | €200,000 | €1,111 | 34.7% | — | 56 |
| São Marcos da Serra · f5eae7 | Active | €289,000 | €2,408 | 191.9% | 30 | 62 |
| São Marcos da Serra · 9388cc | Active | €130,000 | €1,806 | 118.9% | — | 60 |
| São Marcos da Serra · c179fd | Active | €320,000 | €1,455 | 76.3% | 68 | 54 |
| Median comp | €244,500 | €1,631 | 97.6% | 49 | 58 |
Short-term vacation rental The property in São Marcos da Serra, listed at €198,000, is significantly underpriced compared to its fair value of €391,212, offering an attractive opportunity for short-term vacation rental. Potential investors can capitalize on the Algarve's tourism-driven market, leveraging the property's value gap to achieve remarkable returns despite its current condition. Buy-and-hold Acquiring this property for a buy-and-hold strategy presents a compelling case as it is underpriced by 49.4% relative to its fair value. Investors can benefit from the long-term appreciation in the Algarve real estate market, positioning themselves to harness future equity growth as the neighborhood improves over time.
Economic vulnerability The economic stability score of 45/100 indicates a high risk of economic downturns that could negatively impact tenant retention and property profitability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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