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, 2-bathroom house of 162 m², energy rating D. Located Altura parish, Castro Marim municipality, Faro district. Noteworthy Features: The property includes a south-facing upper bedroom with access to a private terrace offering stunning sea views, enhancing the serene coastal living experience.
The valuation. The asking price of €495,000 exceeds the fair value of €295,767 by €199,233, representing a 40.2% markup. This property is overpriced based on current market analysis.
Fair value modelled at €295,767 from the area baseline, adjusted for condition and location. Asking €495,000 sits €199,233 (40.2%) above — overpriced versus fair value.
Asking €495,000 versus the Altura, Castro Marim, Faro area baseline of €576,882 (€3,561/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 78 · Materials 82 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 54/100 (Housing Market 50 · Amenities 60 · Economic 45 · Tenant Quality 50). Strong amenities and housing-market momentum support a premium to baseline.
Altura, Castro Marim, Faro
Area baseline €576,882 + condition +€13,163 + location +€4,450 = modelled fair value of €295,767 (€1,826/m²), a €199,233 (40.2%) gap versus the €495,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Altura · 00150f | Subject | €495,000 | €3,056 | — | 78 | 54 |
| Castro Marim · 65a439 | Active | €1,400,000 | €5,385 | 76.2% | 75 | 52 |
| Vila Nova de Cacela · 001578 | Active | €360,000 | €3,711 | 21.5% | 68 | 63 |
| Vila Nova de Cacela · 49b922 | Active | €400,000 | €3,252 | 6.4% | 65 | 53 |
| rua do Oceano S / N C | Active | €465,000 | €3,207 | 5.0% | — | 57 |
| Median comp | €432,500 | €3,482 | 13.9% | 68 | 55 |
Long-term rental This property in Altura, Castro Marim is not a viable option for long-term rental given its gross yield of only 2.6%, which is insufficient for a sound investment. With a fair value of €295,767, the current listing price is 40.2% higher, indicating it is overpriced. Buy-and-hold Investing in this property as a buy-and-hold strategy may not be advisable due to its significant markup compared to fair market value. The 40.2% gap combined with a neighbourhood rating of 54/100 suggests that long-term appreciation is unlikely. Family rental While targeting family rentals could seem appealing, this property is overpriced at €495,000 relative to its fair value of €295,767. The condition score of 80/100 does not compensate for the significant valuation discrepancy and the average neighbourhood rating, making it a poor investment choice for families.
Economic and Tenant Stability Risks The economic stability score of 45/100 suggests a weak economic environment, combined with a tenant stability score of 50/100 indicating potential fluctuations in occupancy rates, which could lead to inconsistent rental income.
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