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.
2-bedroom, 1-bathroom country_house of 101 m², built in 1950. Located São Bartolomeu de Messines parish, Silves municipality, Faro district. Noteworthy Features: The property includes an ancient stone barn with significant restoration potential and a traditional wood-fired oven ideal for preparing local culinary specialties.
The valuation. The asking price of €175,000 is above the fair value of €162,327, indicating an overpricing of €12,673 (7.2%). This price lacks justification given the current condition of the property and market comparisons.
Fair value modelled at €162,327 from the area baseline, adjusted for condition and location. Asking €175,000 sits €12,673 (7.2%) above — overpriced versus fair value.
Asking €175,000 versus the São Bartolomeu de Messines, Silves, Faro area baseline of €173,417 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 61/100 (Condition 62 · Materials 65 · Room dimensions 58). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 67/100 (Housing Market 75 · Amenities 60 · Economic 55 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
São Bartolomeu de Messines, Silves, Faro
Area baseline €173,417 + condition -€22,883 + location +€11,792 = modelled fair value of €162,327 (€1,607/m²), a €12,673 (7.2%) gap versus the €175,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Bartolomeu de Messines · 6d559b | Subject | €175,000 | €1,733 | — | 62 | 67 |
| São Bartolomeu de Messines · 82c78f | Active | €380,000 | €1,407 | 18.8% | 60 | 71 |
| rua de Pedreiras | Active | €260,000 | €867 | 50.0% | 30 | 66 |
| São Bartolomeu de Messines · cfdd67 | Active | €399,000 | €5,051 | 191.5% | — | 62 |
| São Bartolomeu de Messines · 2620b2 | Active | €389,000 | €4,471 | 158.1% | — | 71 |
| Median comp | €384,500 | €2,939 | 69.6% | 45 | 69 |
Short-term vacation rental The property's listing price of €175,000 is above the fair value of €162,327, making it an overpriced investment for short-term vacation rentals. While the gross yield of 7.1% is attractive, the 7.2% gap and moderate condition rating suggest limited upside in this competitive tourist market. Buy-and-hold Investing in this property as a buy-and-hold strategy is challenging given that it is priced 7.2% above fair value at €175,000. The gross yield of 7.1% may provide some cash flow, but the overpriced nature and condition rating of 61/100 could hinder long-term appreciation. Long-term rental The €175,000 price point is a concern for long-term rental investments, as it exceeds the fair value by 7.2%. While the gross rental yield of 7.1% is competitive, the combination of being overpriced and the condition rating suggests potential difficulties in tenant retention and satisfaction in this tourist-dependent area.
Economic Volatility Risk The property faces potential financial instability due to its low economic stability score of 55/100, which may negatively impact rental income and property value.
