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 house of 210 m², built in 2000, energy rating C. Located Algoz e Tunes parish, Silves municipality, Faro district. Noteworthy Features: The property includes a large terrace with barbecue access and an independent upper floor suite that boasts unobstructed countryside views, ensuring privacy and scenic enjoyment.
The valuation. The asking price of €695,000 is slightly below the fair value of €708,561, representing a difference of €13,561 (1.9%). This property is considered fairly valued.
Fair value modelled at €708,561 from 6 comparable sales in the area. Asking €695,000 sits €13,561 (1.9%) below — the upside to fair value.
Asking €695,000 versus the Algoz e Tunes, Silves, Faro area baseline of €595,925 (€2,838/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €595,925, adjusted for condition and micro-location, gives a modelled fair value of €708,561 (€3,374/m²), a €13,561 (1.9%) gap versus the €695,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Algoz e Tunes · e55548 | Subject | €695,000 | €3,310 | — | 82 | 68 |
| via do Infante | Active | €395,000 | €3,405 | 2.9% | 84 | 73 |
| Algoz e Tunes · 3a725c | Active | €495,000 | €2,162 | 34.7% | 80 | 71 |
| Algoz e Tunes · f3626e | Active | €575,000 | €3,343 | 1.0% | 75 | 62 |
| Algoz e Tunes · a8047a | Active | €950,000 | €7,917 | 139.2% | 75 | 69 |
| Median comp | €535,000 | €3,374 | 1.9% | 78 | 70 |
Short-term vacation rental This property, with a gross yield of 3.3%, aligns well with Algarve's strong tourist appeal, driving demand for vacation rentals. However, the seasonal employment in coastal towns may impact occupancy rates during off-peak months. Buy-and-hold Holding this property could be beneficial due to its fair valuation at €695,000 compared to the fair value of €708,561, suggesting stable long-term growth potential. The decent condition rating of 79/100 indicates it will require minimal investment to maintain its value over time. Family rental The property is well-suited for family rentals in a safe neighbourhood, scoring 68/100, which can attract long-term tenants. Given the fair price level, this investment may yield stable rental income while also benefiting from potential appreciation. Not ideal for: Student housing, Luxury market, Industrial investment.
Economic Volatility Risk With an economic stability score of 55/100, there is a significant risk that fluctuations in the local economy could adversely impact tenant demand and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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