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.
6-bedroom, 0-bathroom house of 570 m², energy rating F. Located São Bartolomeu de Messines parish, Silves municipality, Faro district. Noteworthy Features: The property includes an independent annex with multiple divisions, enhancing its potential for diverse projects like rural tourism or guest accommodations.
The valuation. The asking price of €450,000 is significantly below the fair value of €1,007,462, representing a discount of €557,462 (123.9%). The property is considered underpriced given its potential for appreciation.
Fair value modelled at €1,007,462 from the area baseline, adjusted for condition and location. Asking €450,000 sits €557,462 (123.9%) below — the upside to fair value.
Asking €450,000 versus the São Bartolomeu de Messines, Silves, Faro area baseline of €1,148,550 (€2,015/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 (Condition 66 · Materials 72 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
São Bartolomeu de Messines, Silves, Faro
Area baseline €1,148,550 + condition -€53,438 + location +€82,210 = modelled fair value of €1,007,462 (€1,767/m²), a €557,462 (123.9%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Bartolomeu de Messines · dbd468 | Subject | €450,000 | €789 | — | 66 | 71 |
| São Bartolomeu de Messines · 82c78f | Active | €380,000 | €1,407 | 78.3% | 60 | 71 |
| rua do Trabalhador S / N | Active | €279,000 | €1,492 | 89.0% | 75 | 57 |
| São Bartolomeu de Messines · 6d559b | Active | €175,000 | €1,733 | 119.5% | 62 | 67 |
| rua de Pedreiras | Active | €260,000 | €867 | 9.8% | 30 | 66 |
| Median comp | €269,500 | €1,450 | 83.6% | 61 | 67 |
Short-term vacation rental The property represents an attractive opportunity for short-term vacation rental, capitalizing on the high tourism influence in the Algarve, where demand for accommodation consistently outstrips supply. With a substantial gap of 123.9% compared to fair value, this offers potential for significant rental income. Buy-and-hold Investing in this property as a buy-and-hold strategy is appealing, given its underpricing relative to fair value, which indicates substantial appreciation potential in a desirable location. The 69/100 condition rating suggests some updates may be needed, but this is counterbalanced by the strong tourism-driven demand in the region. Family rental This property could effectively serve as a family rental, benefiting from the scenic surroundings and high safety standards typical of the Algarve region. Given its current pricing at €450,000, far below the fair value of €1,007,462, it offers a strong case for long-term rental returns within a robust neighborhood framework.
Economic and Tenant Instability The combined score of 70/100 for both economic and tenant stability suggests a moderate risk of fluctuating income due to potential tenant turnover and economic downturns affecting the area.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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