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 55 m². Located Silves parish, Silves municipality, Faro district. Noteworthy Features: The property features a cozy fireplace in the living area, and its proximity to Arade Dam offers recreational opportunities amidst beautiful countryside views.
The valuation. The asking price of €148,000 sits €33,505 (18.5%) below the fair value of €181,505, indicating that the property is subvalued in the current market.
Fair value modelled at €181,505 from 6 comparable sales in the area. Asking €148,000 sits €33,505 (18.5%) below — the upside to fair value.
Asking €148,000 versus the Silves, Silves, Faro area baseline of €157,368 (€2,861/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 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 €157,368, adjusted for condition and micro-location, gives a modelled fair value of €181,505 (€3,300/m²), a €33,505 (18.5%) gap versus the €148,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Silves · 51ccac | Subject | €148,000 | €2,691 | — | 60 | 71 |
| Silves · 51b701 | Active | €195,000 | €3,095 | 15.0% | — | 71 |
| Silves · e554fa | Active | €234,900 | €4,350 | 61.7% | 75 | 73 |
| Silves · 800408 | Active | €389,000 | €3,297 | 22.5% | 65 | 65 |
| Silves · 6d5373 | Active | €325,000 | €2,778 | 3.2% | 75 | 64 |
| Median comp | €279,950 | €3,196 | 18.8% | 75 | 68 |
Short-term vacation rental This 1-bed house in Silves presents an opportunity for short-term vacation rental, given its competitive gross yield of 6.5%, which is attractive for investors seeking passive income. With a fair value gap of 18.5%, the property is positioned to benefit from the thriving tourism sector in the Algarve region. Long-term rental Investing in this property for long-term rental is appealing as it sits below fair market value, providing a cushion for future rental income growth. The neighborhood's decent condition score of 71/100 indicates a stable environment for attracting reliable tenants. Buy-and-hold Acquiring this property as a buy-and-hold investment is advantageous due to its current listing being undervalued by 18.5%, offering potential for appreciation in a strong market like Algarve. The existing gross yield of 6.5% ensures immediate cash flow while benefiting from long-term capital gains. Not ideal for: Student housing, Industrial investments, Luxury market
[Moderate Economic Risk] With an economic stability score of 65/100, the property's market may face fluctuations that could impact 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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