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 apartment of 65 m² on the 3rd floor, built in 1981, energy rating C. Located Alcantarilha e Pêra parish, Silves municipality, Faro district. The apartment features characteristic arched balconies and terracotta tile flooring, offering a blend of traditional charm and functional design typical of the early 1980s architecture.
The asking price of €280,000 is above our fair value estimate of €197,000, indicating that the property is overpriced. The confidence in this fair value assessment is medium.
The fair value is derived from two models: the Transaction model, which uses real transaction data from Alcantarilha e Pêra based on 93 sales, and the Adjusted asking-price model, which adjusts current listings to align with sales. These models are combined equally to provide a balanced estimate. Conservative adjustments are made for factors like costs for necessary repairs. Ultimately, the fair value is determined to be €197,000, which indicates that the asking price is above the fair value by €83,000, or 29.5% downside versus the asking price. The confidence level for this assessment is medium.
Gross yield 5.1% (before costs)
No specific strategy stands out for this property.
Investors should carefully consider the asking price of €280,000, which is 29.5% above the fair value of €197,000, indicating the property is overpriced. Additionally, the apartment's condition, rated at 65 out of 100, and its neighbourhood score of 50 out of 100 suggest a mixed area for potential value retention. The estimated gross yield of 5.1% may not sufficiently compensate for the premium paid above fair market levels.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk With both economic stability and tenant stability scores at 50/100, there is a significant risk of instability in rental income and property value due to potential fluctuations in tenant demand. Fair value certainty risk With the fair value estimated at €197,000 and a medium confidence level, there is uncertainty regarding the property's value, specifically due to a lack of micro-location transaction data and the municipality being on watch against the INE.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
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Models 3.4.3 (Data quality v3 · Valuation v4.2 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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