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, 3-bathroom house of 119 m², built in 1989, energy rating D. Located São Bartolomeu de Messines parish, Silves municipality, Faro district. Noteworthy Features: This property boasts an outdoor oasis with numerous fruit trees, including figs and avocados, alongside a private pool and a separate annex for added versatility.
The valuation. The asking price of €585,000 is significantly above the fair value of €488,759, indicating an overvaluation of €96,241 (19.7%). This implies that the property may not yield an attractive investment opportunity based on its current listing. Buy-to-flip angle. Given its esteemed finishes and high-quality appliances, a buy-to-flip strategy would require sourcing buyers wanting a refined home, aiming to sell after minor enhancements. However, the current pricing poses challenges to achieving a profitable flip. Buy-to-let angle. With an estimated gross yield of 2.2% based on a €1,073 monthly rental, the property’s rental income potential is modest. Its location in the Algarve offers a steady demand from tourists and expats, bolstering a long-term rental strategy.
Fair value modelled at €488,759 from 6 comparable sales in the area. Asking €585,000 sits €96,241 (19.7%) above — overpriced versus fair value.
Asking €585,000 versus the São Bartolomeu de Messines, Silves, Faro area baseline of €414,870 (€3,486/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €414,870, adjusted for condition and micro-location, gives a modelled fair value of €488,759 (€4,107/m²), a €96,241 (19.7%) gap versus the €585,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Bartolomeu de Messines · 468060 | Subject | €585,000 | €4,916 | — | 76 | 69 |
| São Bartolomeu de Messines · 023ba0 | Active | €585,000 | €3,305 | 32.8% | 80 | 64 |
| São Bartolomeu de Messines · f35e31 | Active | €795,000 | €6,913 | 40.6% | 76 | 61 |
| São Bartolomeu de Messines · 28b6da | Active | €685,000 | €3,743 | 23.9% | 75 | 68 |
| São Bartolomeu de Messines · be91a1 | Active | €550,000 | €3,667 | 25.4% | 75 | 71 |
| Median comp | €635,000 | €3,705 | 24.6% | 76 | 66 |
Long-term rental The property is overpriced at €585,000, compared to a fair value of €488,759, resulting in a 19.7% gap that makes it a less attractive option for long-term rental investments. With a low yield of 2.2%, potential returns may not justify the premium price in a competitive market that demands careful selection. Short-term vacation rental Despite the potential appeal of São Bartolomeu de Messines for tourism, the property’s listing price of €585,000 significantly exceeds its fair value of €488,759 by 19.7%, suggesting it may not perform well as a short-term vacation rental. A yield of only 2.2% indicates that the investment is overpriced relative to expected returns from this strategy. Buy-and-hold As an investment for buy-and-hold, this property at €585,000 is overpriced, exceeding the fair valuation of €488,759 by 19.7%, which raises concerns about long-term capital appreciation. Given the modest yield of 2.2%, potential investors should reconsider the viability of holding this asset over time in a fluctuating market. Not ideal for: The property does not suit the student housing market, nor does it align with luxury market expectations or industrial usage due to its pricing and location context.
Tenant turnover risk The economic stability score of 60/100 suggests potential challenges in the local market, which could lead to higher tenant turnover despite a tenant stability score of 75/100 implying current tenant retention is strong.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
