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.
1-bedroom, 0-bathroom apartment of 81 m². Located on rua do Barlavento Lt A3, Armação de Pêra parish, Silves municipality, Faro district. Noteworthy Features: The balcony serves as a tranquil oasis for relaxation and enjoyment of sunlight, while the garage offers convenient, stress-free parking just steps from your door.
The valuation. The asking price of €350,000 sits slightly below the fair value of €359,462, creating a minor discrepancy of €9,462 (2.6%). This property is considered to be priced fairly in the current market.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Barlavento Lt A3 | Subject | €350,000 | €4,321 | — | — | 73 |
| beco Proj. À Rua Doutor Henrique Gomes, 3 | Active | €250,000 | €4,808 | 11.3% | 69 | 75 |
| rua Mestre Abílio Prudêncio, 6 | Active | €285,000 | €3,904 | 9.6% | 60 | 71 |
| Armação de Pêra · 9d29f6 | Active | €280,000 | €4,242 | 1.8% | 72 | 73 |
| Armação de Pêra · 38b4d4 | Active | €245,000 | €4,455 | 3.1% | 58 | 76 |
| Median comp | €265,000 | €4,349 | 0.6% | 65 | 74 |
Short-term vacation rental This property, being located close to the coast in Algarve, can attract tourists seeking vacation rentals, despite its fair valuation. However, the 2.8% gross yield suggests that while it may perform adequately, there are potentially better opportunities in the area. Buy-and-hold The current market conditions indicate that this 1-bed apartment holds a fair value, making it a stable option for long-term investment. With the neighborhood rating at 73/100, the property benefits from good amenities and tenant quality, providing a reliable rental income potential. Value-add renovation The property's condition rating of 0/100 indicates significant renovation potential, suggesting that an investment in improvements could enhance both value and rental income. Although currently priced at €350,000, further investments may be required to truly capitalize on the inherent value of the location and market dynamics.
Economic Vulnerability The economic stability score of 65/100 indicates potential susceptibility to market fluctuations that could impact rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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