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 country_house of 150 m², energy rating F. Located São Bartolomeu de Messines parish, Silves municipality, Faro district. This property features a unique self-contained annex with independent access, ideal for guests, along with a spectacular roof terrace offering panoramic views of the Algarvian countryside.
The valuation. The asking price of €550,000 is substantially below the fair value of €699,533, representing a difference of €149,533 (21.4%). This property is positioned as a sound investment given its underpriced status. Buy-to-flip angle. With a strong potential for cosmetic updates leveraging high-quality materials, a resale strategy could capitalize on increased property values in the Algarve market, yielding attractive returns. Buy-to-let angle. Given the gross yield of 2.8% and projected rental income of approximately €1,283/month, this property can serve well as a buy-and-hold investment, particularly appealing in the tourist-heavy Algarve region.
Fair value modelled at €699,533 from 5 comparable sales in the area. Asking €550,000 sits €149,533 (21.4%) below — the upside to fair value.
Asking €550,000 versus the São Bartolomeu de Messines, Silves, Faro area baseline of €592,321 (€3,949/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €592,321, adjusted for condition and micro-location, gives a modelled fair value of €699,533 (€4,664/m²), a €149,533 (21.4%) gap versus the €550,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Bartolomeu de Messines · d748fb | Subject | €550,000 | €3,667 | — | 76 | 67 |
| São Bartolomeu de Messines · 468060 | Active | €585,000 | €4,916 | 34.1% | 76 | 69 |
| autoestrada N124 | Active | €499,000 | €4,664 | 27.2% | — | 70 |
| São Bartolomeu de Messines · 261ec9 | Active | €389,000 | €4,471 | 21.9% | 75 | 68 |
| São Bartolomeu de Messines · 023ba0 | Active | €585,000 | €3,305 | 9.9% | 80 | 64 |
| Median comp | €542,000 | €4,568 | 24.6% | 76 | 69 |
Short-term vacation rental The property in São Bartolomeu de Messines presents an attractive opportunity for short-term vacation rentals, supported by the Algarve's status as a prime tourist destination. With a fair value of €699,533 and the property listed at €550,000, there is significant upside potential in capitalizing on the local tourist influx. Buy-and-hold Investing in this property for the buy-and-hold strategy allows for long-term value appreciation given its fair value exceeding the listing by over €149,000. The strong tourism-driven demand in the region further supports a stable income stream while the property is projected to appreciate in value over time. Value-add renovation With a condition rating of 79/100, there is room for improvements that can enhance the overall value and rental appeal of the property. Given the fair value assessment, strategic renovations could yield a profitable uplift, effectively bridging the gap between its current market price and its high potential value of €699,533.
Economic Vulnerability The property has an economic stability score of 55/100, indicating potential risks associated with economic downturns affecting tenant demand and rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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