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. Located São Bartolomeu de Messines parish, Silves municipality, Faro district. Noteworthy Features: This property is set on a substantial 3,900 m² plot with mature olive, carob, and almond trees, enhancing its rural charm and potential for agrarian endeavors.
The valuation. The asking price of €490,000 sits significantly below the fair value of €630,322, indicating an attractive opportunity for investors. This represents a difference of €140,322, or 22.3%, suggesting the property is underpriced.
Fair value modelled at €630,322 from 6 comparable sales in the area. Asking €490,000 sits €140,322 (22.3%) below — the upside to fair value.
Asking €490,000 versus the São Bartolomeu de Messines, Silves, Faro area baseline of €562,753 (€4,020/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 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 €562,753, adjusted for condition and micro-location, gives a modelled fair value of €630,322 (€4,502/m²), a €140,322 (22.3%) gap versus the €490,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Bartolomeu de Messines · a8037a | Subject | €490,000 | €3,500 | — | 69 | 60 |
| rua de Nora, 181N | Active | €600,000 | €3,243 | 7.3% | 63 | 62 |
| rua Teófilo Carvalho dos Santos, 30 | Active | €680,000 | €4,533 | 29.5% | — | 72 |
| rua de Cumeada, 124 | Active | €390,000 | €4,643 | 32.7% | 75 | 63 |
| São Bartolomeu de Messines · 2620b2 | Active | €389,000 | €4,471 | 27.8% | — | 71 |
| Median comp | €495,000 | €4,502 | 28.6% | 69 | 67 |
Long-term rental The property shows a promising opportunity for long-term rental, given its fair value of €630,322 against a listing price of €490,000, presenting a 22.3% gap. Although current yield stands at 0%, the potential for appreciation over time makes it an attractive investment in a moderately-rated neighborhood. Retirement community With its appealing fair value and affordable listing, this property is well-suited for development into a retirement community targeting those looking for a peaceful lifestyle in the Algarve. Its average condition score and moderate neighborhood rating suggest there may be room for improvement to attract this demographic. Buy-and-hold Investing in this property for a buy-and-hold strategy aligns well with the significant fair value upside, making the current listing price an advantageous entry point. Given the stability of the São Bartolomeu de Messines market, this strategy could yield favorable returns over the long term despite the current lack of rental income.
Economic Vulnerability The economic stability score of 50/100 indicates a significant risk of market volatility that could affect 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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