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.
7-bedroom, 3-bathroom house of 350 m², built in 1990, energy rating C. Located Algoz e Tunes parish, Silves municipality, Faro district. Unique Feature: The property includes two independent houses on a spacious 1,000 m² plot, offering flexible living arrangements with potential for rental income or multigenerational use. Condition Notes: The exterior needs significant renovation, particularly the empty swimming pool and overgrown garden areas.
The valuation. The asking price of €760,000 is significantly below the fair value of €924,303, representing a discount of €164,303 (17.8%). This property is subvalued against current market trends.
Fair value modelled at €924,303 from 6 comparable sales in the area. Asking €760,000 sits €164,303 (17.8%) below — the upside to fair value.
Asking €760,000 versus the Algoz e Tunes, Silves, Faro area baseline of €933,556 (€2,667/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 57/100 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 €933,556, adjusted for condition and micro-location, gives a modelled fair value of €924,303 (€2,641/m²), a €164,303 (17.8%) gap versus the €760,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Algoz e Tunes · e3ad67 | Subject | €760,000 | €2,171 | — | 54 | 73 |
| Algoz e Tunes · 3a725c | Active | €495,000 | €2,162 | 0.5% | 80 | 71 |
| rua S. A. e Lagos | Active | €550,000 | €3,005 | 38.4% | 62 | 70 |
| autoestrada N395, 257A | Active | €585,000 | €2,276 | 4.8% | 65 | 70 |
| Algoz e Tunes · efdd68 | Active | €495,000 | €1,868 | 14.0% | 73 | 74 |
| Median comp | €522,500 | €2,219 | 2.2% | 69 | 71 |
Long-term rental The property is well-positioned to benefit from the increasing demand for long-term rentals in a tourist-favored region like the Algarve. With its condition score of 57 and space for renovation, it could attract stable tenants seeking quality accommodation. Short-term vacation rental With the Algarve's tourism appeal, this property is strategically located to capitalize on short-term rental opportunities. The assessed fair value indicates significant potential for profitability compared to its listing price, making it an attractive investment in the vacation rental market. Buy-and-hold Given the property’s fair value being 17.8% above the listing price, this investment offers a solid buy-and-hold strategy aligned with the growing housing demand in the Algarve. The positive neighborhood vibe enhances the likelihood of property appreciation over time. Not ideal for student housing The property's configuration and location do not align with the preferences of prospective student tenants. Its current condition and overall amenities are better suited for families or long-term residents. Not ideal for industrial development The residential nature of the neighborhood and its focus on tourism do not support the viability of industrial projects. This property’s zoning and layout are incompatible with industrial infrastructure needs.
Economic Instability Risk The economic stability score of 60/100 indicates potential volatility, which could affect property values 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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