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.
3-bedroom, 3-bathroom penthouse of 140 m² on the 2nd floor, built in 2012, energy rating A. Located Alcantarilha e Pêra parish, Silves municipality, Faro district. This penthouse offers a rooftop terrace designed for social gatherings, providing unobstructed views over the golf courses and resort, creating an ideal outdoor setting for entertaining.
The valuation. The asking price of €515,000 is significantly below the fair value of €588,524, presenting a unique opportunity for investors. This represents a difference of €73,524, or 12.5%, indicating the property is underpriced. Buy-to-flip angle. With modern renovations and high-quality finishes, this property can be quickly flipped for a profit in the hot Alcantarilha e Pêra market, capitalizing on the rising demand. Short-term aesthetic enhancements can further elevate its resale value. Buy-to-let angle. Positioned in a popular tourist region, the penthouse is ideal for a short-term vacation rental strategy. Despite a currently estimated gross yield of 0%, the seasonal rental demand suggests strong potential for future income generation.
Fair value modelled at €588,524 from 6 comparable sales in the area. Asking €515,000 sits €73,524 (12.5%) below — the upside to fair value.
Asking €515,000 versus the Alcantarilha e Pêra, Silves, Faro area baseline of €488,988 (€3,493/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 is above the parish average, lifting 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 €488,988, adjusted for condition and micro-location, gives a modelled fair value of €588,524 (€4,204/m²), a €73,524 (12.5%) gap versus the €515,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alcantarilha e Pêra · e54b8f | Subject | €515,000 | €3,679 | — | 84 | 72 |
| Alcantarilha e Pêra · 57f5b3 | Active | €549,000 | €3,866 | 5.1% | — | 68 |
| Alcantarilha e Pêra · 9384fa | Active | €495,000 | €3,587 | 2.5% | 83 | 70 |
| Alcantarilha e Pêra · f14d28 | Active | €495,000 | €4,541 | 23.5% | 78 | 69 |
| Alcantarilha e Pêra · 626f91 | Active | €495,000 | €4,541 | 23.5% | 85 | 62 |
| Median comp | €495,000 | €4,204 | 14.3% | 83 | 69 |
Short-term vacation rental This property is strategically located in a popular tourist destination within the Algarve region, making it a prime candidate for short-term vacation rentals. With a fair value exceeding the listing price by 12.5%, there is potential for significant returns during peak tourism seasons. Buy-and-hold Acquiring this penthouse aligns well with a buy-and-hold strategy, given its positioning in a high-demand tourist area and a favorable gap to fair value. The property’s strong condition rating of 81/100 indicates that it should require minimal immediate investment to maintain or enhance its value over time. Long-term rental Although primarily suited for short-term rentals, this property could be considered for long-term rental strategies, especially given the growing demand for housing in the Algarve region. However, the expected yield remains at 0%, suggesting that long-term rental income potential may not be as attractive as short-term options. Not ideal for: Student housing, Luxury market, Industrial use These strategies may not align with the property’s characteristics or market demand, as the location and property type do not cater to student populations or luxury markets in a traditional sense.
Economic Vulnerability The economic stability score of 65/100 indicates potential volatility in the local market that could affect rental income and property value.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
