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 187 m², energy rating F. Located on rua do Trabalhador S / N, São Bartolomeu de Messines parish, Silves municipality, Faro district. This property includes a separate storage unit of 42.5m², enhancing potential for utility or conversion into additional living space.
The valuation. The asking price of €279,000 is underpriced by €44,641 (16.0%) compared to the fair value of €323,641. This discrepancy indicates a solid opportunity for prospective buyers looking for good value. Buy-to-flip angle. A resale strategy targeting the growing demand in Silves can yield significant profit margins, especially given the fair value. The property’s appealing size and decent condition make it a prime candidate for renovation and resale. Buy-to-let angle. With an estimated gross yield of 4.7% and potential rental income of approximately €1,093/month, this property is well-positioned for long-term rental investments. The positive influence of local tourism further supports stable demand.
Fair value modelled at €323,641 from the area baseline, adjusted for condition and location. Asking €279,000 sits €44,641 (16.0%) below — the upside to fair value.
Asking €279,000 versus the rua do Trabalhador S / N area baseline of €376,805 (€2,015/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 75 · Materials 68 · Room dimensions 74). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 57/100 (Housing Market 60 · Amenities 50 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua do Trabalhador S / N
Area baseline €376,805 + condition -€6,428 + location +€8,990 = modelled fair value of €323,641 (€1,731/m²), a €44,641 (16.0%) gap versus the €279,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Trabalhador S / N | Subject | €279,000 | €1,492 | — | 75 | 57 |
| São Bartolomeu de Messines · 82c78f | Active | €380,000 | €1,407 | 5.7% | 60 | 71 |
| São Bartolomeu de Messines · 6d559b | Active | €175,000 | €1,733 | 16.1% | 62 | 67 |
| autoestrada N124 | Active | €499,000 | €4,664 | 212.6% | — | 70 |
| São Bartolomeu de Messines · 261ec9 | Active | €389,000 | €4,471 | 199.7% | 75 | 68 |
| Median comp | €384,500 | €3,102 | 107.9% | 62 | 69 |
Short-term vacation rental Investing in this property as a short-term vacation rental could be advantageous due to its 4.7% gross yield and its 16.0% gap below fair value, positioning it well within the tourist-driven economy of the Algarve region. While the neighborhood score of 57/100 may affect occupancy rates, the spacious layout of the property enhances its appeal to vacationers seeking comfort. Long-term rental This property presents a solid opportunity for long-term rental investment, supported by its competitive pricing and a fair value that exceeds the listing price by 16.0%. The local economy, influenced by tourism, provides a steady demand for rental properties, although the neighborhood quality may necessitate some tenant management considerations. Buy-and-hold With a fair value appraisal of €323,641 compared to the listing price of €279,000, this property is well-positioned for a buy-and-hold strategy, allowing for potential appreciation over time. It benefits from being in an area that, while not coastal, still attracts attention due to the Algarve's overall popularity, making it a worthwhile addition to a long-term investment portfolio.
Economic Vulnerability With an economic stability score of 55/100, there is a heightened risk of fluctuations in the local market that could affect property values and rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
