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.
1-bedroom, 1-bathroom country_house of 92 m². Located on rua da Azinheira, São Bartolomeu de Messines parish, Silves municipality, Faro district. Noteworthy Features: This property includes significant outbuildings and an old traditional oven, reflecting its historic agricultural use and rustic charm, albeit in a state of severe disrepair.
The valuation. The asking price of €150,000 sits 8.1% below the fair value of €163,256, making it a reasonable investment option for buyers. This property represents a balanced opportunity without the concern of being overvalued.
Fair value modelled at €163,256 from 6 comparable sales in the area. Asking €150,000 sits €13,256 (8.1%) below — the upside to fair value.
Asking €150,000 versus the rua da Azinheira area baseline of €181,034 (€1,968/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 24/100 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 €181,034, adjusted for condition and micro-location, gives a modelled fair value of €163,256 (€1,775/m²), a €13,256 (8.1%) gap versus the €150,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Azinheira | Subject | €150,000 | €1,630 | — | 30 | 63 |
| São Bartolomeu de Messines · 83152f | Active | €215,000 | €1,972 | 21.0% | — | 73 |
| rua de Pedreiras | Active | €260,000 | €867 | 46.8% | 30 | 66 |
| São Bartolomeu de Messines · 15e12c | Active | €350,000 | €1,577 | 3.3% | 60 | 70 |
| São Bartolomeu de Messines · 0324a2 | Active | €225,000 | €2,064 | 26.6% | — | 73 |
| Median comp | €242,500 | €1,775 | 8.8% | 45 | 72 |
Short-term vacation rental This property may struggle in the short-term vacation rental market due to its 0% gross yield and a condition score of 24/100, indicating substantial renovation needs. Additionally, while it is located near the tourist-driven amenities of the Algarve coast, the fair value gap of 8.1% suggests it is aligned with the market pricing. Buy-and-hold Investing in this property as a buy-and-hold strategy may not yield a substantial return given its poor condition and zero yield, despite being fairly priced. The neighborhood rating of 63/100 suggests some desirability, yet the condition issues could hinder long-term value appreciation. Family rental As a family rental, this property faces challenges due to its low condition score of 24/100 and lack of rental yield, even with its fair pricing. While it is situated in a neighborhood that scores 63/100 for amenities, families typically seek more attractive and better-maintained options for long-term living.
Economic Volatility Risk With an economic stability score of 55/100, there is a significant risk that economic downturns could adversely affect tenant retention and rental income.
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
