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, 2-bathroom house of 195 m², built in 1951, energy rating B. Located São Bartolomeu de Messines parish, Silves municipality, Faro district. The outdoor space includes an established orchard and vegetable garden, providing a sustainable source of fresh produce while the serene koi pond enhances the tranquil atmosphere.
The valuation. The asking price of €485,000 sits €30,813 (6.8%) above the fair value of €454,187, indicating this property is assessed at a fair level for the market conditions. Buy-to-flip angle. A buy-and-flip strategy could capitalize on the home’s high-quality finishes, targeting resale at a higher margin in the competitive São Bartolomeu de Messines market. Buy-to-let angle. The property offers potential for rental income; however, with a gross yield of 0%, immediate cash flow may require strategic short-term vacation rentals to become financially viable.
Fair value modelled at €454,187 from 5 comparable sales in the area. Asking €485,000 sits €30,813 (6.8%) above — overpriced versus fair value.
Asking €485,000 versus the São Bartolomeu de Messines, Silves, Faro area baseline of €333,772 (€1,712/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €333,772, adjusted for condition and micro-location, gives a modelled fair value of €454,187 (€2,329/m²), a €30,813 (6.8%) gap versus the €485,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Bartolomeu de Messines · 86caf3 | Subject | €485,000 | €2,487 | — | 73 | 63 |
| Paderne · ba5859 | Active | €370,000 | €1,149 | 53.8% | 65 | 61 |
| São Bartolomeu de Messines · 0dcca5 | Active | €559,000 | €2,329 | 6.4% | 72 | 63 |
| rua de Mouricão | Active | €559,000 | €3,388 | 36.2% | 76 | 73 |
| São Bartolomeu de Messines · 99f39a | Active | €800,000 | €2,286 | 8.1% | 75 | 63 |
| Median comp | €559,000 | €2,308 | 7.2% | 74 | 63 |
Short-term vacation rental This property is fairly priced at €485,000, with a fair value of €454,187 and a negligible yield of 0%. The local real estate dynamics, influenced by Albufeira's seasonal tourism, suggest a competitive but challenging market for short-term vacation rentals. Family rental At a listing price of €485,000, this property may seem suitable for family rental, but the yield remains at 0%, indicating it’s not an ideal investment for this strategy. The neighborhood rating of 63/100 suggests decent livability but lacks some essential amenities that could enhance family appeal. Buy-and-hold While the house is priced fairly at €485,000, it presents a low yield of 0%, making it less attractive for long-term buy-and-hold strategies. The current condition rating of 76/100 indicates the property is in reasonable shape, yet economic factors within the neighborhood must be considered for sustained appreciation potential.
Tenant Default Risk The tenant stability score of 55/100 indicates a higher likelihood of tenant turnover or default, which can adversely affect rental income stability and property cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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