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 €321,079 (€1,717/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 €321,079 + 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.
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.