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.
2-bedroom, 1-bathroom house of 124 m², built in 1950, energy rating F. Located Silves parish, Silves municipality, Faro district. Noteworthy Features: This property includes 2 hectares of agricultural land with excellent sun exposure, suitable for vineyards or traditional orchards, enhancing its investment appeal for rural tourism or farming ventures.
The valuation. The asking price of €420,000 sits €37,667 (9.9%) above the fair value of €382,333, indicating that the property is priced fairly in the current market context. This suggests potential for equitable investment as it aligns with local market values.
Fair value modelled at €382,333 from 6 comparable sales in the area. Asking €420,000 sits €37,667 (9.9%) above — overpriced versus fair value.
Asking €420,000 versus the Silves, Silves, Faro area baseline of €395,068 (€3,186/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 39/100 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 €395,068, adjusted for condition and micro-location, gives a modelled fair value of €382,333 (€3,083/m²), a €37,667 (9.9%) gap versus the €420,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Silves · 51cb28 | Subject | €420,000 | €3,387 | — | — | 66 |
| Silves · 2d8567 | Active | €325,000 | €3,250 | 4.0% | 55 | 72 |
| Silves · 99f36c | Active | €260,000 | €2,626 | 22.5% | 66 | 70 |
| Silves · 800408 | Active | €389,000 | €3,297 | 2.7% | 65 | 65 |
| Silves · 468176 | Active | €450,000 | €5,000 | 47.6% | 18 | 70 |
| Median comp | €357,000 | €3,274 | 3.4% | 60 | 70 |
Short-term vacation rental The property is well-positioned in the tourist-friendly Algarve region, but with a fair value gap of 9.9%, it reflects a balanced investment opportunity rather than a significant potential for appreciation. The gross yield of 4.4% is acceptable, though it suggests that competitive pricing is necessary to appeal to vacation renters in a crowded market. Buy-and-hold With a fair value assessment of €382,333, the current listing price of €420,000 indicates a modest potential for value growth over time, leading to a verdict of fair. The property’s conditions and current yield further affirm it as a stable rather than an attractive long-term investment. Family rental Given the fair valuation and a gross yield of 4.4%, this property may serve as a reasonable option for families looking for rental accommodation in Silves, despite its fair pricing. However, its lower condition score may hinder appeal and affect long-term tenant satisfaction, positioning it more as a functional living space rather than a prime rental opportunity.
Economic Vulnerability The economic stability score of 55/100 suggests that the local economy may experience fluctuations, potentially impacting rental demand and investment returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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