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, 3-bathroom country_house of 143 m². Located on rua de Nora, 139N, São Bartolomeu de Messines parish, Silves municipality, Faro district. Noteworthy Features: The property boasts a rustic kitchen with charming traditional elements and a cozy living/dining room featuring a functional fireplace, enhancing its inviting atmosphere.
The valuation. The asking price of €399,000 is significantly below the fair value of €540,082, making the property subvalued by €141,082 (26.1%). This position presents a strategic opportunity for investors. Buy-to-flip angle. The potential for a buy-and-flip strategy is promising, as investors could renovate and resell the property at a competitive price, benefiting from the market's sustained demand for quality homes in the Algarve region. Buy-to-let angle. Opting for a buy-to-let approach, the property can generate rental income from either short-term vacation rentals or long-term leases, especially appealing given the area's tourism-driven economy that ensures a solid tenant market.
Fair value modelled at €540,082 from 6 comparable sales in the area. Asking €399,000 sits €141,082 (26.1%) below — the upside to fair value.
Asking €399,000 versus the rua de Nora, 139N area baseline of €444,467 (€3,108/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €444,467, adjusted for condition and micro-location, gives a modelled fair value of €540,082 (€3,777/m²), a €141,082 (26.1%) gap versus the €399,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Nora, 139N | Subject | €399,000 | €2,790 | — | 74 | 62 |
| rua de Nora, 181N | Active | €600,000 | €3,243 | 16.2% | 63 | 62 |
| São Bartolomeu de Messines · 83410b | Active | €375,000 | €4,310 | 54.5% | 72 | 74 |
| rua de Cumeada, 124 | Active | €390,000 | €4,643 | 66.4% | 75 | 63 |
| São Bartolomeu de Messines · 1623a9 | Active | €375,000 | €2,143 | 23.2% | 75 | 71 |
| Median comp | €382,500 | €3,777 | 35.3% | 74 | 67 |
Short-term vacation rental The property provides a significant opportunity for a short-term vacation rental strategy, as evidenced by its fair value of €540,082 compared to the listing price of €399,000, indicating a potential gap of 26.1%. With a condition rating of 77/100, it is well-positioned to attract tourists seeking comfortable accommodations in a popular Algarve destination. Long-term rental Investing in this property for long-term rental is appealing given the fair value assessment of €540,082 against the current listing of €399,000, presenting a 26.1% difference in value. The neighbourhood's reasonable score of 62/100 suggests that it can cater to quality tenants, further solidifying its long-term income potential. Buy-and-hold Adopting a buy-and-hold strategy aligns with the property’s fair value of €540,082 versus the listing price of €399,000, supporting a 26.1% undervaluation opportunity. Considering the Algarve's tourism-driven economy, this investment is poised for future appreciation in value along with potential rental income generation.
Economic Vulnerability The property is at risk due to a relatively low economic stability score of 55/100, indicating potential challenges in the local economy that could impact rental income.
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