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.
5-bedroom, 3-bathroom house of 236 m², energy rating D. Located on rua Juíz Conselheiro Doutor João Bernardino de Sousa Carvalho, Castro Marim parish, Castro Marim municipality, Faro district. Noteworthy Features: The property includes a separate garage and storage annex, enhancing functionality, and is positioned strategically between two streets for distinct access points.
The valuation. The asking price of €460,000 sits significantly below fair value at €709,745, indicating a difference of €249,745 (54.3%). This property is clearly underpriced, presenting a strong opportunity for potential investors.
Fair value modelled at €709,745 from the area baseline, adjusted for condition and location. Asking €460,000 sits €249,745 (54.3%) below — the upside to fair value.
Asking €460,000 versus the rua Juíz Conselheiro Doutor João Bernardino de Sousa Carvalho area baseline of €576,312 (€2,442/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 70 · Materials 68 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 62/100 (Housing Market 60 · Amenities 65 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Juíz Conselheiro Doutor João Bernardino de Sousa Carvalho
Area baseline €576,312 + condition -€26,550 + location +€33,723 = modelled fair value of €709,745 (€3,007/m²), a €249,745 (54.3%) gap versus the €460,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Juíz Conselheiro Doutor João Bernardino de Sousa Carvalho | Subject | €460,000 | €1,949 | — | 70 | 62 |
| rua Almirante Cândido dos Reis, 148 | Active | €499,000 | €2,483 | 27.4% | 68 | 53 |
| Castro Marim · 937291 | Active | €675,000 | €3,994 | 104.9% | 68 | 58 |
| Castro Marim · 4d4783 | Active | €495,000 | €2,964 | 52.1% | 70 | 46 |
| Castro Marim · 4b7c9a | Active | €860,000 | €3,028 | 55.4% | 76 | 55 |
| Median comp | €587,000 | €2,996 | 53.7% | 69 | 54 |
Long-term rental The property offers a gross yield of 4.1%, which is appealing in the context of rising demand for long-term rentals in rural Algarve. Given its underpriced value of €460,000 compared to the fair value of €709,745, the potential for profitability is significant. Short-term vacation rental With the property's strategic location in a seasonal tourism market and a fair value gap of 54.3%, it shows promise for short-term vacation rental operations. Investing in this underpriced property could leverage the tourist influx in Castro Marim, leading to potentially lucrative returns. Value-add renovation The property’s condition score of 68/100 suggests that renovations could significantly enhance its value and rental income potential. By capitalizing on its underpriced state and improving the property's appeal, investors can close the substantial gap to fair value, resulting in a compelling profit opportunity.
Tenant turnover risk High tenant turnover may be expected due to a tenant stability score of 65/100, potentially impacting rental income predictability and increasing costs associated with leasing the property again.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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