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 villa of 169 m². Located Castro Marim parish, Castro Marim municipality, Faro district. Noteworthy Features: This villa includes a basement converted into a fully furnished T1, complete with its own kitchen and living area, ideal for hosting guests with complete privacy.
The valuation. The asking price of €675,000 is significantly above the fair value of €506,538, representing an overpricing of €168,462 or 25.0%. This discrepancy suggests a cautionary approach for potential investors considering this property.
Fair value modelled at €506,538 from the area baseline, adjusted for condition and location. Asking €675,000 sits €168,462 (25.0%) above — overpriced versus fair value.
Asking €675,000 versus the Castro Marim, Castro Marim, Faro area baseline of €376,532 (€2,228/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 68 · Materials 72 · Room dimensions 74). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 58/100 (Housing Market 60 · Amenities 55 · Economic 45 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Castro Marim, Castro Marim, Faro
Area baseline €376,532 + condition -€12,675 + location +€16,100 = modelled fair value of €506,538 (€2,997/m²), a €168,462 (25.0%) gap versus the €675,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Castro Marim · 937291 | Subject | €675,000 | €3,994 | — | 68 | 58 |
| Vila Real de Santo António · 9373a0 | Active | €499,000 | €2,483 | 37.8% | 68 | 53 |
| Castro Marim · 4b7c9a | Active | €860,000 | €3,028 | 24.2% | 76 | 55 |
| rua Doutor José Alves Moreira | Active | €483,500 | €4,787 | 19.9% | 70 | 59 |
| Vila Real de Santo António · ba5785 | Active | €645,000 | €4,031 | 0.9% | 65 | 58 |
| Median comp | €572,000 | €3,530 | 11.6% | 69 | 57 |
Short-term vacation rental While the property's fair value suggests a significant premium at €675,000, the yield of only 1.9% gross limits its attractiveness in the competitive vacation rental market. Furthermore, the neighbourhood score of 58/100 indicates potential challenges in attracting premium short-term tenants. Buy-and-hold The notable gap of 25.0% from fair value indicates that this villa is overpriced, which may limit appreciation potential in the long term. With a condition score of 70/100, the property may require additional investment to maintain its value, making it a less favorable buy-and-hold opportunity. Family rental Given its current pricing at €675,000—well above the fair value of €506,538—the property appears overpriced for family rentals in a neighbourhood rated just 58/100. The low yield of 1.9% gross further suggests that this investment lacks the robust returns typically sought after in family rental markets.
Low Economic Growth The economic stability score of 45/100 indicates a high risk of economic downturn, potentially affecting tenant retention and rental income.