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, 2-bathroom country_house of 126 m², built in 1970, energy rating D. Located São Bartolomeu de Messines parish, Silves municipality, Faro district. Noteworthy Features: The property includes a substantial barn suitable for conversion into boutique accommodation, and an independent mobile home providing additional living space or rental opportunities.
The valuation. The asking price of €530,000 is significantly above the fair value of €244,867, reflecting an excess of €285,133, or 53.8%. This property is considered overpriced.
Fair value modelled at €244,867 from the area baseline, adjusted for condition and location. Asking €530,000 sits €285,133 (53.8%) above — overpriced versus fair value.
Asking €530,000 versus the São Bartolomeu de Messines, Silves, Faro area baseline of €216,342 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 80 · Materials 75 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 75 · Economic 70 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
São Bartolomeu de Messines, Silves, Faro
Area baseline €216,342 + condition +€6,891 + location +€21,634 = modelled fair value of €244,867 (€1,943/m²), a €285,133 (53.8%) gap versus the €530,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Bartolomeu de Messines · 023cd8 | Subject | €530,000 | €4,206 | — | 80 | 75 |
| rua de Cumeada, 124 | Active | €390,000 | €4,643 | 10.4% | 75 | 63 |
| Paderne · ba583d | Active | €410,000 | €3,596 | 14.5% | 80 | 62 |
| São Bartolomeu de Messines · 261ec9 | Active | €389,000 | €4,471 | 6.3% | 75 | 68 |
| São Bartolomeu de Messines · 023ba0 | Active | €585,000 | €3,305 | 21.4% | 80 | 64 |
| Median comp | €400,000 | €4,034 | 4.1% | 78 | 64 |
Short-term vacation rental The property, listed at €530,000, significantly outweighs the fair value of €244,867, indicating that it is overpriced and unlikely to attract the desired return on investment. With a gross yield of 0%, this strategy is not advisable given the lack of financial viability in the current market condition. Buy-and-hold The high listing price relative to its fair value suggests that holding this property for long-term appreciation will not yield the anticipated benefits, as it is overpriced by 53.8%. Additionally, with a condition rating of 79/100 and a neighbourhood score of 75/100, the investment lacks the potential for significant value growth over time. Family rental The €530,000 listing price equates to a substantial premium over the fair value, making it a risky choice for a family rental investment when it is overpriced. The stable neighbourhood and decent condition do not justify the inflated price, resulting in a poor alignment with tenant demand and rental yield expectations.
Tenant turnover risk The property may face increased tenant turnover as indicated by the 80/100 tenant stability score, which, while decent, suggests potential fluctuations in rental income.
