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 140 m², built in 1951, energy rating F. Located São Bartolomeu de Messines parish, Silves municipality, Faro district. Features: The property boasts mature olive, carob, and almond trees on 3,900 m² of land, enhancing its tranquil rural ambiance and potential for agricultural or landscaping projects.
The valuation. The asking price of €490,000 is positioned at 8.2% below the fair value of €533,867. This indicates that the property is fairly priced, making it a reasonable investment opportunity in the current market.
Fair value modelled at €533,867 from 6 comparable sales in the area. Asking €490,000 sits €43,867 (8.2%) below — the upside to fair value.
Asking €490,000 versus the São Bartolomeu de Messines, Silves, Faro area baseline of €449,558 (€3,211/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €449,558, adjusted for condition and micro-location, gives a modelled fair value of €533,867 (€3,813/m²), a €43,867 (8.2%) gap versus the €490,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Bartolomeu de Messines · 190844 | Subject | €490,000 | €3,500 | — | 72 | 58 |
| Alte · 622b49 | Active | €790,000 | €2,660 | 24.0% | 73 | 71 |
| Algoz e Tunes · 467f4d | Active | €495,000 | €3,960 | 13.1% | 75 | 65 |
| Algoz e Tunes · 261ecb | Active | €363,000 | €2,927 | 16.4% | 73 | 70 |
| Algoz e Tunes · 25f4cf | Active | €465,000 | €4,895 | 39.8% | — | 72 |
| Median comp | €480,000 | €3,444 | 1.6% | 73 | 71 |
Short-term vacation rental This property in São Bartolomeu de Messines can generate a modest yield of 2.7%, appealing to investors looking to enter the tourist-centric Algarve market. However, with a fair value of €533,867, the current asking price of €490,000 reflects that the potential returns may not justify the investment risk in this context. Buy-and-hold While a buy-and-hold strategy might provide some long-term stability, the property’s fair market valuation at €533,867 suggests it is already priced fairly, diminishing immediate upside potential. Additionally, the combination of a moderate yield and limited educational options in the area further complicates the value proposition for future growth. Value-add renovation Investing in value-add renovations may enhance the property’s appeal, but the current fair value of €533,867 indicates the property is already priced at a reasonable level compared to potential renovation costs. The neighborhood score of 58/100 reveals a need for improvement that could limit the renovation's overall effectiveness in achieving higher valuation or rental rates.
Economic Vulnerability The economic stability score of 45/100 indicates a high risk of economic downturns that could negatively impact rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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