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 apartment of 100 m², built in 2002, energy rating D. Located on rua Senhora da Saúde, São Bartolomeu de Messines parish, Silves municipality, Faro district. Noteworthy Features: The property includes a sunroom that offers natural light and a garage for secure parking, enhancing convenience and lifestyle quality in a central location.
The valuation. The asking price of €355,000 sits €171,908 (48.4%) above the fair value of €183,092, indicating that the property is overpriced. Buyers should be wary of overpaying for this investment.
Fair value modelled at €183,092 from the area baseline, adjusted for condition and location. Asking €355,000 sits €171,908 (48.4%) above — overpriced versus fair value.
Asking €355,000 versus the rua Senhora da Saúde area baseline of €171,700 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 70 · Materials 75 · Room dimensions 80). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 80 · Amenities 70 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Senhora da Saúde
Area baseline €171,700 + condition -€2,344 + location +€13,736 = modelled fair value of €183,092 (€1,831/m²), a €171,908 (48.4%) gap versus the €355,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Senhora da Saúde | Subject | €355,000 | €3,550 | — | 70 | 70 |
| São Bartolomeu de Messines · 261de5 | Active | €230,000 | €2,771 | 21.9% | 65 | 72 |
| São Bartolomeu de Messines · 96c450 | Active | €199,000 | €3,062 | 13.8% | 71 | 71 |
| São Bartolomeu de Messines · 261ec9 | Active | €389,000 | €4,471 | 26.0% | 75 | 68 |
| São Bartolomeu de Messines · f35e31 | Active | €795,000 | €6,913 | 94.7% | 76 | 61 |
| Median comp | €309,500 | €3,767 | 6.1% | 73 | 70 |
Short-term vacation rental The property is not ideal for short-term vacation rentals due to its considerable gap from the fair value, currently listed at €355,000 against a fair value of €183,092. The 0% gross yield further indicates it is not a viable investment in a traditionally tourism-focused region. Buy-and-hold Investing in a buy-and-hold strategy is unadvisable as the property is overpriced, listed at €355,000 while fair value is significantly lower at €183,092. This misalignment suggests that any potential appreciation in value would be overshadowed by the current market conditions. Family rental This property, priced at €355,000, is not conducive to a family rental strategy given its gap from fair value of €183,092 and an unimpressive rental yield of 0%. The property's location within a tourism-driven economy does not justify its current price point for family-oriented tenants.
Economic Vulnerability The property's economic stability score of 60/100 indicates a moderate risk of economic downturn affecting tenant demand and rent levels.**
