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.
4-bedroom, 3-bathroom house of 309 m², energy rating D. Located Silves parish, Silves municipality, Faro district. Noteworthy Features: The property boasts two independent units, each designed for privacy and functionality, along with a spacious outdoor area ideal for leisure activities and gardening. Condition Notes: While primarily well-maintained, the entrance area shows visible wall damage, suggesting a need for minor repairs.
The valuation. The asking price of €730,000 sits below the fair value of €869,283 by €139,283 (16.0%), indicating that the property is underpriced and presents an attractive opportunity for investors.
Fair value modelled at €735,494 from 5 comparable sales in the area. Asking €730,000 sits €5,494 (0.7%) below — the upside to fair value.
Asking €730,000 versus the Silves, Silves, Faro area baseline of €626,001 (€2,026/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €626,001, adjusted for condition and micro-location, gives a modelled fair value of €735,494 (€2,380/m²), a €5,494 (0.7%) gap versus the €730,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Silves · e5510f | Subject | €730,000 | €2,362 | — | 60 | 63 |
| Silves · 4a44c1 | Active | €975,000 | €3,056 | 29.4% | — | 62 |
| Silves · 3a7088 | Active | €359,000 | €1,813 | 23.3% | 75 | 70 |
| Silves · 001999 | Active | €795,000 | €3,118 | 32.0% | 75 | 65 |
| Silves · 25f71c | Active | €795,000 | €2,380 | 0.8% | 72 | 76 |
| Median comp | €795,000 | €2,718 | 15.0% | 75 | 68 |
Short-term vacation rental The property’s location in Silves benefits from the Algarve's consistent tourism demand, making it an attractive option for short-term vacation rentals. With a fair value 16% higher than the listing price, this property presents a compelling opportunity for vacation rental income without significant barriers to entry. Long-term rental Given the 0% gross yield, long-term rental in this area may initially seem unappealing, yet the property’s undervaluation suggests potential for appreciation in rental returns. As the local employment market gradually stabilizes, the long-term rental market may see a surge in demand, leveraging the existing tourism influx. Family rental The 4-bed configuration is well-suited for families, particularly given Silves's attractive amenities and neighborhoods. Although the property has a condition rating of 63/100, the fair value indicates that it could attract families looking for a home in a subvalorizada market with potential for growth in living quality over time.
Economic Volatility Risk The economic stability score of 55/100 indicates a moderate risk of economic downturn affecting property values and rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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