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.
4-bedroom, 2-bathroom house of 142 m², energy rating D. Located on rua José Francisco Viseu, São Bartolomeu de Messines parish, Silves municipality, Faro district. Noteworthy Features: The property includes an accessible attic and a large terrace equipped with a water point, enhancing outdoor functionality and potential for leisure activities. Nota Importante: A propriedade inclui um sótão acessível e um amplo terraço equipado com um ponto de água, melhorando a funcionalidade ao ar livre e o potencial para atividades de lazer.
The valuation. The asking price of €360,000 is significantly below the fair value of €526,691, making it underpriced by €166,691 (31.6%). This presents an advantageous opportunity for an investor seeking value in the current market.
Fair value modelled at €526,691 from 6 comparable sales in the area. Asking €360,000 sits €166,691 (31.6%) below — the upside to fair value.
Asking €360,000 versus the rua José Francisco Viseu area baseline of €464,982 (€3,275/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 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 €464,982, adjusted for condition and micro-location, gives a modelled fair value of €526,691 (€3,709/m²), a €166,691 (31.6%) gap versus the €360,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua José Francisco Viseu | Subject | €360,000 | €2,535 | — | 68 | 73 |
| São Bartolomeu de Messines · 82c78f | Active | €380,000 | €1,407 | 44.5% | 60 | 71 |
| São Bartolomeu de Messines · 911891 | Active | €549,000 | €3,327 | 31.2% | — | 65 |
| rua da Fonte | Active | €585,000 | €4,091 | 61.4% | 75 | 70 |
| São Bartolomeu de Messines · f35e31 | Active | €795,000 | €6,913 | 172.7% | 76 | 61 |
| Median comp | €567,000 | €3,709 | 46.3% | 75 | 68 |
Short-term vacation rental This property offers an appealing price point of €360,000 against a fair value of €526,691, presenting a significant opportunity for attractive returns in the vibrant Algarve tourism market. With tourists flocking to the area, a well-managed vacation rental can capitalize on the high demand for lodging, despite the current gross yield of 0%. Long-term rental Acquiring this house at €360,000 with a fair value of €526,691 suggests a strong potential for long-term capital appreciation and rental income in a desirable neighbourhood rated 73/100. The location benefits from solid amenities tailored to both tourists and residents, making it an appealing option for stable long-term tenants despite no current yield. Buy-and-hold Investing in this property at €360,000, significantly below its fair value of €526,691, provides an excellent opportunity for long-term growth as the demand for housing in Algarve continues to rise. With the neighbourhood's overall score of 73/100 and necessary improvements, this buy-and-hold strategy could yield substantial returns over time as the market appreciates. Not ideal for student housing Given the location's primary appeal to tourists and the general lack of relevant amenities for students, this property is not positioned to attract a student housing market effectively. The tourism-centric nature of São Bartolomeu de Messines diminishes the viability of this strategy in comparison to vacation and long-term rentals. Not ideal for luxury market This property, priced at €360,000, does not align with the premium standards expected in the luxury market, especially with a condition score of only 65/100. The current offering is better suited for more budget-conscious customers who prioritize functionality over luxury finishes in a tourist-friendly area.
Tenant turnover risk Tenant stability is relatively high at 70/100, but the economic stability score of 65/100 suggests potential fluctuations in tenant demand that could result in increased turnover.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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