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, 0-bathroom house of 109 m². Located São Bartolomeu de Messines parish, Silves municipality, Faro district. Noteworthy Features: This property includes a barn with an attic and several trees on the land, enhancing its potential for agricultural activity and rustic charm.
The valuation. The asking price of €215,000 exceeds the fair value of €180,354 by €34,646 (19.2%), indicating the property is overpriced. This discrepancy suggests that potential investors may face challenges in achieving expected returns on their investment.
Fair value modelled at €180,354 from 6 comparable sales in the area. Asking €215,000 sits €34,646 (19.2%) above — overpriced versus fair value.
Asking €215,000 versus the São Bartolomeu de Messines, Silves, Faro area baseline of €213,255 (€1,956/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 15/100 is below the parish average, reducing 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 €213,255, adjusted for condition and micro-location, gives a modelled fair value of €180,354 (€1,655/m²), a €34,646 (19.2%) gap versus the €215,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Bartolomeu de Messines · 83152f | Subject | €215,000 | €1,972 | — | — | 73 |
| São Bartolomeu de Messines · 0324a2 | Active | €225,000 | €2,064 | 4.7% | — | 73 |
| rua de Pedreiras | Active | €260,000 | €867 | 56.1% | 30 | 66 |
| São Bartolomeu de Messines · efdc87 | Active | €340,000 | €1,429 | 27.6% | 44 | 59 |
| rua da Junqueira, 42 | Active | €290,000 | €2,214 | 12.2% | 25 | 64 |
| Median comp | €275,000 | €1,747 | 11.5% | 30 | 65 |
Long-term rental This property is overpriced at €215,000, leaving a significant gap of 19.2% versus the fair value of €180,354. Additionally, with a low condition rating of 15/100, it poses too many risks for long-term rental viability in a seasonal market that already experiences economic instability. Short-term vacation rental Given its reliance on tourism in the Algarve region, this property could have potential for short-term vacation rental; however, its current asking price exceeds fair value by 19.2%. Coupled with a 0% gross yield and poor condition, the property remains a less attractive investment for vacation rental purposes. Buy-and-hold The property is currently overpriced at €215,000, diverging 19.2% from its fair value of €180,354, which is concerning for long-term appreciation. With its condition rated at only 15/100 and the inherent risks of a seasonal job market, holding this asset could result in financial strain rather than gradual value growth.
Economic Vulnerability The economic stability score of 65/100 indicates a potential risk of economic downturn affecting rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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