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 88 m², energy rating B. Located Castro Marim parish, Castro Marim municipality, Faro district. Noteworthy Features: The property boasts panoramic views and a private pool, enhancing its outdoor living space for both relaxation and entertaining, complemented by a serene natural environment.
The valuation. The asking price of €630,000 is significantly above the fair value of €277,268, creating a discrepancy of €352,732 (56.0%). As such, this property is overpriced.
Fair value modelled at €277,268 from the area baseline, adjusted for condition and location. Asking €630,000 sits €352,732 (56.0%) above — overpriced versus fair value.
Asking €630,000 versus the Castro Marim, Castro Marim, Faro area baseline of €214,896 (€2,442/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 80 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 60/100 (Housing Market 60 · Amenities 65 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Castro Marim, Castro Marim, Faro
Area baseline €214,896 + condition +€4,813 + location +€10,479 = modelled fair value of €277,268 (€3,151/m²), a €352,732 (56.0%) gap versus the €630,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Castro Marim · 4bbf22 | Subject | €630,000 | €7,159 | — | 75 | 60 |
| rua Doutor José Alves Moreira | Active | €483,500 | €4,787 | 33.1% | 70 | 59 |
| Castro Marim · 937291 | Active | €675,000 | €3,994 | 44.2% | 68 | 58 |
| Castro Marim · 4b7c9a | Active | €860,000 | €3,028 | 57.7% | 76 | 55 |
| rua B | Active | €320,000 | €2,857 | 60.1% | 72 | 63 |
| Median comp | €579,250 | €3,511 | 51.0% | 71 | 59 |
Long-term rental The property in Castro Marim, listed at €630,000, is significantly overpriced compared to its fair value of €277,268, representing a 56.0% gap. With a gross yield of 0% and a neighborhood quality rating of 60/100, it may struggle to attract stable long-term tenants, making it an unsuitable investment in this strategy. Short-term vacation rental Given that the property is assessed at €630,000 while the fair value stands at €277,268, the 56.0% discrepancy indicates it is overpriced for a short-term rental market, especially in a less tourist-heavy area of the Algarve. Furthermore, with a condition rating of 79/100, it does not demonstrate the luxury appeal expected for successful vacation rentals, further diminishing its investment potential.
Economic and Tenant Stability Risk The property's economic stability score of 55 indicates a moderate risk environment, while the tenant stability score of 60 suggests a potential for tenant turnover and unpredictability in rental income.
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