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 house of 197 m², built in 1951. Located São Bartolomeu de Messines parish, Silves municipality, Faro district. This property boasts a mixed-use land of 33,720m², ideal for rural tourism development with a potential construction area of 600m².
The valuation. The asking price of €420,000 is significantly below the fair value of €634,739, making it underpriced by €214,739 (33.8%). This presents a strong opportunity for savvy investors.
Fair value modelled at €634,739 from 6 comparable sales in the area. Asking €420,000 sits €214,739 (33.8%) below — the upside to fair value.
Asking €420,000 versus the São Bartolomeu de Messines, Silves, Faro area baseline of €602,968 (€3,061/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 50/100 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 €602,968, adjusted for condition and micro-location, gives a modelled fair value of €634,739 (€3,222/m²), a €214,739 (33.8%) gap versus the €420,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Bartolomeu de Messines · 2d85a0 | Subject | €420,000 | €2,132 | — | 54 | 72 |
| autoestrada N124 | Active | €435,000 | €2,417 | 13.4% | 42 | 68 |
| rua de Messines de Baixo | Active | €479,000 | €1,842 | 13.6% | 70 | 63 |
| via Tarmac Road Excellent | Active | €795,000 | €3,142 | 47.4% | 70 | 61 |
| São Bartolomeu de Messines · f35e31 | Active | €795,000 | €6,913 | 224.3% | 76 | 61 |
| Median comp | €637,000 | €2,780 | 30.4% | 70 | 62 |
Short-term vacation rental The property is well-positioned in the Algarve, a popular tourist destination, ensuring high demand for short-term rentals despite the current 0% yield. With a fair value of €634,739 indicating a 33.8% gap, investing here can capture substantial rental income potential. Long-term rental Given the comprehensive amenities that cater to tourists, this property presents a promising opportunity for long-term rental, albeit with a modest current yield. With a fair value significantly exceeding the listing price, securing tenants for long-term occupancy is likely to yield profitable returns. Buy-and-hold This property offers the potential for appreciation in value over time, given its price relative to its fair value in an economically stable region like Algarve. As the housing demand continues to grow, holding onto this asset could provide significant capital gains in the future. Not ideal for student housing This property does not align with the needs of student housing, as the amenities are primarily tourist-oriented rather than focused on attracting students. Therefore, investing in this segment may lead to higher vacancy rates and lower returns. Not ideal for luxury market The property's condition rating of 50/100 indicates it does not meet the expectations of the luxury market, which typically demands high-quality finishes and maintenance. As such, attempting to position this property in the luxury sector could result in unfavorable investment outcomes.
Economic and Tenant Stability Risk The economic stability score of 65 may indicate potential fluctuations in rental income or tenant demand, while a tenant stability score of 70 suggests that while tenants may be relatively secure, there could still be risk from tenant turnover.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
