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, 1-bathroom apartment of 50 m², built in 2002, energy rating D. Located Armação de Pêra parish, Silves municipality, Faro district. The apartment boasts a magnificent terrace with breathtaking mountain and sea views, perfect for outdoor relaxation and entertainment.
The asking price of €335,000 is significantly above the fair value of €227,000, indicating a gap of €108,000, or a 32.3% downside versus the asking price. The confidence in this fair value assessment is low. Rental yield. The estimated gross yield is approximately 4.1%.
The asking price is above the fair value. The fair value of this property was determined using a combination of the Transaction model, which accounts for 55% of the estimate based on 172 recorded sales in the parish of Armação de Pêra, and the Adjusted asking-price model, contributing 45% with current listings. No conservative adjustments were necessary for this property. As a result, the fair value is €227,000, which is €108,000 (32.3%) below the asking price of €335,000. This reflects a low confidence level in the valuation.
Gross yield 4.1% (before costs)
No specific strategy stands out for this property.
The asking price of €335,000 reflects a notable premium over the estimated fair value of €227,000, indicating a 32.3% downside versus the asking price. Despite a reasonable condition score of 76/100, the location in Armação de Pêra has a mediocre neighbourhood rating of 50/100, further challenging the justification for this price point. Investors should consider the discrepancy between price and value along with the condition and location when evaluating this property.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The combined economic and tenant stability scores of 50/100 indicate a weak market condition that may lead to increased vacancy rates or difficulty in securing reliable tenants. Fair value uncertainty risk The fair value is assessed at €227,000 with low confidence, highlighting potential discrepancies as two estimates differ by more than the tolerance and relevant transaction micro-location data is not available.
Grade AFindings: 0
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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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