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 65 m², built in 1950. Located Algoz e Tunes parish, Silves municipality, Faro district. This property features a spacious 543m² backyard, providing potential for outdoor amenities or an extension, enhancing its appeal for renovation projects in a prime Algarve location.
The valuation. The asking price of €125,000 sits significantly below the fair value of €177,962, representing a difference of €52,962 (29.8%). Such a valuation indicates that the property is underpriced.
Fair value modelled at €177,962 from 6 comparable sales in the area. Asking €125,000 sits €52,962 (29.8%) below — the upside to fair value.
Asking €125,000 versus the Algoz e Tunes, Silves, Faro area baseline of €217,562 (€3,347/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 30/100 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 €217,562, adjusted for condition and micro-location, gives a modelled fair value of €177,962 (€2,738/m²), a €52,962 (29.8%) gap versus the €125,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Algoz e Tunes · 76ace2 | Subject | €125,000 | €1,923 | — | — | 75 |
| jardim 2 Lojas no Centro de Algoz | Active | €215,900 | €744 | 61.3% | 30 | 73 |
| Algoz e Tunes · 096e72 | Active | €350,000 | €1,400 | 27.2% | — | 72 |
| Algoz e Tunes · 23f398 | Active | €270,000 | €5,000 | 160.0% | 45 | 70 |
| rua S. A. e Lagos | Active | €550,000 | €3,005 | 56.3% | 62 | 70 |
| Median comp | €310,000 | €2,203 | 14.5% | 45 | 71 |
Short-term vacation rental The property in Algoz e Tunes presents a compelling opportunity for short-term vacation rentals, especially given its estimated fair value of €177,962 compared to the listing price of €125,000, creating a gap of 29.8%. With a solid gross yield of 7.5% and the location's reliance on seasonal tourism, it is likely to attract substantial rental income during peak seasons. Buy-and-hold Investors adopting a buy-and-hold strategy would benefit from the current market conditions, as this property is subvalued at €125,000 against its fair value of €177,962. The strong neighbourhood rating of 75/100 indicates that long-term appreciation is likely, bolstered by local amenities that support enduring demand. Family rental Given the property's fair value of €177,962 versus the listing price of €125,000, the expected appreciation makes it an attractive option for family rentals in a well-located community. The area's good amenities, coupled with the robust overall neighbourhood rating, make it favorable for long-term family tenants seeking stability in the Algarve.
Economic Vulnerability The economic stability score of 65 indicates potential susceptibility to market fluctuations, which could impact tenant retention and property performance.
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