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, 1-bathroom house of 228 m², built in 2024, energy rating D. Located São Bartolomeu de Messines parish, Silves municipality, Faro district. Property Features: The expansive 5240m² plot offers significant potential for property expansion or garden development, complemented by multiple water supply options including mains, dam, and borehole.
The valuation. The asking price of €475,000 is significantly above the fair value of €320,401, representing an overpricing of €154,599 (32.5%). This disparity indicates a property valued well above its market worth.
Fair value modelled at €320,401 from the area baseline, adjusted for condition and location. Asking €475,000 sits €154,599 (32.5%) above — overpriced versus fair value.
Asking €475,000 versus the São Bartolomeu de Messines, Silves, Faro area baseline of €459,420 (€2,015/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 45/100 (Condition 45 · Materials 50 · Room dimensions 40). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 70 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
São Bartolomeu de Messines, Silves, Faro
Area baseline €459,420 + condition -€108,656 + location +€37,582 = modelled fair value of €320,401 (€1,405/m²), a €154,599 (32.5%) gap versus the €475,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Bartolomeu de Messines · b7c3d0 | Subject | €475,000 | €2,083 | — | 45 | 74 |
| Paderne · ba5859 | Active | €370,000 | €1,149 | 44.8% | 65 | 61 |
| Algoz e Tunes · 4ba651 | Active | €280,000 | €1,530 | 26.6% | — | 71 |
| autoestrada N264, 484 | Active | €325,000 | €4,392 | 110.8% | 50 | 70 |
| São Bartolomeu de Messines · 82c78f | Active | €380,000 | €1,407 | 32.4% | 60 | 71 |
| Median comp | €347,500 | €1,469 | 29.5% | 60 | 71 |
Short-term vacation rental The property is overpriced at €475,000, with a fair value of only €320,401, indicating a significant gap of 32.5%. At a gross yield of 0%, investing in short-term rentals would not be financially viable, especially given the condition score of 45/100. Long-term rental With current market values suggesting a fair price of €320,401, the asking price represents a 32.5% premium that detracts from the potential of a long-term rental strategy. Given the property’s poor condition (45/100), it would struggle to attract quality tenants even in a tourist-friendly location. Buy-and-hold Holding onto an overpriced asset valued at €475,000 compared to the fair market value of €320,401 is not advisable. The 0% gross yield and the property's condition score of 45/100 highlight that it may not appreciate sufficiently to justify the high entry cost over time.
Economic Vulnerability The economic stability score of 65/100 indicates potential fluctuations in local market conditions that could impact rental income stability.
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