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, 1-bathroom country_house of 180 m², built in 1995, energy rating E. Located on autoestrada N124, São Bartolomeu de Messines parish, Silves municipality, Faro district. Noteworthy Features: The property includes two warehouses on the ground floor, offering significant potential for expansion or conversion, alongside established water sources from a borehole and water tank.
The valuation. The asking price of €435,000 is 8.1% below the fair value of €473,244, indicating the property is fairly priced in the current market. This suggests potential for appreciation without overextending financial commitments.
Fair value modelled at €473,244 from 6 comparable sales in the area. Asking €435,000 sits €38,244 (8.1%) below — the upside to fair value.
Asking €435,000 versus the autoestrada N124 area baseline of €458,511 (€2,547/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 47/100 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 €458,511, adjusted for condition and micro-location, gives a modelled fair value of €473,244 (€2,629/m²), a €38,244 (8.1%) gap versus the €435,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| autoestrada N124 | Subject | €435,000 | €2,417 | — | 42 | 68 |
| São Bartolomeu de Messines · 6f4215 | Active | €485,000 | €2,487 | 2.9% | 62 | 73 |
| São Bartolomeu de Messines · 0dcca5 | Active | €559,000 | €2,329 | 3.6% | 72 | 63 |
| São Bartolomeu de Messines · 261de5 | Active | €230,000 | €2,771 | 14.7% | 65 | 72 |
| rua de Messines de Baixo | Active | €479,000 | €1,842 | 23.8% | 70 | 63 |
| Median comp | €482,000 | €2,408 | 0.4% | 68 | 68 |
Short-term vacation rental While this property presents a fair valuation at €435,000 with a fair value of €473,244, the gross yield of 3.7% suggests limited profitability in the competitive short-term rental market of São Bartolomeu de Messines. The condition rating of 47/100 indicates that improvements may be necessary to enhance guest satisfaction and rental performance. Long-term rental This property qualifies as a fair investment option given the gap of only 8.1% against its fair value of €473,244, but the gross yield of 3.7% may not attract long-term investors looking for higher returns. Additionally, the neighborhood rating of 68/100 indicates a reasonable level of desirability, which could facilitate stable tenant demand. Buy-and-hold Considering the fair valuation of €435,000 compared to a fair value of €473,244, this property could serve as a stable long-term hold; however, the yield of 3.7% points to modest returns relative to other investment avenues. The overall condition score of 47/100 suggests potential renovation costs for maintenance and future appreciation, impacting the investment's attractiveness for long-term growth.
Economic Vulnerability The economic stability score of 60/100 suggests a moderate risk, indicating potential fluctuations in local market conditions could adversely 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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