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 house of 87 m², energy rating D. Located São Bartolomeu de Messines parish, Silves municipality, Faro district. This property includes a rustic 280 m² fenced land with a studio in a wooden house, offering versatile options for guests or workspace.
The valuation. The asking price of €389,000 is significantly above the fair value of €164,484, representing an overpriced situation by €224,516 (57.7%). Given this discrepancy, the investment opportunity is not financially feasible.
Fair value modelled at €164,484 from the area baseline, adjusted for condition and location. Asking €389,000 sits €224,516 (57.7%) above — overpriced versus fair value.
Asking €389,000 versus the São Bartolomeu de Messines, Silves, Faro area baseline of €149,379 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 68/100 (Housing Market 75 · Amenities 65 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
São Bartolomeu de Messines, Silves, Faro
Area baseline €149,379 + condition +€4,350 + location +€10,755 = modelled fair value of €164,484 (€1,891/m²), a €224,516 (57.7%) gap versus the €389,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Bartolomeu de Messines · 261ec9 | Subject | €389,000 | €4,471 | — | 75 | 68 |
| São Bartolomeu de Messines · 2620b2 | Active | €389,000 | €4,471 | 0% | — | 71 |
| São Bartolomeu de Messines · cfdd67 | Active | €399,000 | €5,051 | 13.0% | — | 62 |
| autoestrada N124 | Active | €499,000 | €4,664 | 4.3% | — | 70 |
| São Bartolomeu de Messines · 023ba0 | Active | €585,000 | €3,305 | 26.1% | 80 | 64 |
| Median comp | €449,000 | €4,568 | 2.2% | 80 | 67 |
Short-term vacation rental Given the house is priced at €389,000 against a fair value of €164,484, it presents a significant shortfall in investment appeal, especially with a gross yield of only 1.8%. The anticipated returns do not justify this elevated price, making it a poor candidate for short-term rentals in a competitive market. Buy-and-hold With a current valuation gap of 57.7% over fair value, the long-term prospects are hindered by the house's overpriced nature, reducing its attractiveness for a buy-and-hold strategy. The low yield of 1.8% further complicates potential returns, signaling that this property may not generate sufficient income to offset its inflated cost. Family rental This property, while located in a desirable tourist area such as Algarve, carries a high price of €389,000 that eclipses its fair value, resulting in a yield of just 1.8%. Consequently, the financial metrics suggest that it is an unfavorable choice for family rental investments due to unsustainable pricing above market value.
Economic Vulnerability The property faces potential losses due to an economic stability score of 60/100, indicating weaker economic conditions that could impact tenant retention and rental income stability.
