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 202 m², built in 1976, energy rating F. Located Algoz e Tunes parish, Silves municipality, Faro district. This property includes versatile integrated spaces ideal for creating an independent apartment or expanding the main dwelling, complemented by 5,000 m² of land for various developments.
The valuation. The asking price of €499,000 is significantly below the fair value of €598,669, presenting an opportunity at €99,669 (16.6%) underpriced. Buy-to-flip angle. A buy-to-flip strategy could leverage the property’s current condition for quick renovations, targeting a future resale at a premium. Buy-to-let angle. With an estimated gross yield of 3.1% (~€1,289/month), this property is well-suited for a buy-and-hold rental strategy, benefiting from the strong tourism influence in the Algarve region.
Fair value modelled at €598,669 from 6 comparable sales in the area. Asking €499,000 sits €99,669 (16.6%) below — the upside to fair value.
Asking €499,000 versus the Algoz e Tunes, Silves, Faro area baseline of €599,440 (€2,968/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 €599,440, adjusted for condition and micro-location, gives a modelled fair value of €598,669 (€2,964/m²), a €99,669 (16.6%) gap versus the €499,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Algoz e Tunes · 51cf44 | Subject | €499,000 | €2,470 | — | 58 | 73 |
| rua S. A. e Lagos | Active | €550,000 | €3,005 | 21.7% | 62 | 70 |
| Algoz e Tunes · ade576 | Active | €750,000 | €3,000 | 21.4% | — | 74 |
| Algoz e Tunes · 261ecb | Active | €363,000 | €2,927 | 18.5% | 73 | 70 |
| travessa Tomé Rodrigues Pincho, 64 | Active | €193,000 | €1,350 | 45.4% | — | 71 |
| Median comp | €456,500 | €2,964 | 20.0% | 68 | 71 |
Short-term vacation rental The property in Algoz e Tunes shows robust potential as a short-term vacation rental given its proximity to recreational amenities in the Algarve region, which attracts tourists year-round. With a current listing price of €499,000, it is subvalued compared to the fair value of €598,669, creating an advantageous entry point into the vacation rental market. Buy-and-hold Investing in this property as a buy-and-hold strategy could yield stable returns, especially considering the area's appreciation potential in the thriving Algarve housing market. The home is currently listed at €499,000, representing a 16.6% gap below its fair value of €598,669, indicating a favorable long-term investment opportunity. Family rental This property could serve as an attractive family rental option due to its spaciousness and location within a neighborhood rated 73/100. With the listing price of €499,000 being below the fair value of €598,669, it presents an appealing opportunity for steady rental income based on family demand in the area.
Economic Vulnerability The economic stability score of 65/100 indicates potential vulnerability to economic downturns, which may affect rental income and tenant retention.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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