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 offers stunning panoramic views that enhance its appeal, complemented by its spacious outdoor area featuring a private pool, ideal for relaxation and entertainment. Energy Rating: B
The valuation. The asking price of €630,000 sits €258,467 (41.0%) above the fair value of €371,533, indicating the property is overpriced. This discrepancy suggests limited potential for appreciation based on current valuation metrics.
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 €261,976 (€2,977/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. Full condition report →
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. Full location report →
Castro Marim, Castro Marim, Faro
Area baseline €261,976 + 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.
Long-term rental Despite the property's 0% gross yield and being priced at €630,000, far above its fair value of €371,533, it remains a poor prospect for profitable long-term rental investment. The neighborhood's low score of 60/100 further suggests limited demand, making it an unsuitable choice for steady rental income. Short-term vacation rental With an asking price that is 41.0% over its fair value, the property is not well-positioned for the short-term vacation rental market, especially given its location in a less tourist-heavy part of the Algarve. The absence of yield and the neighborhood rating of 60/100 indicate a lack of attractiveness to transient guests, undermining its viability in this strategy.
Moderate Economic and Tenant Risk The investment may face instability due to a lower economic stability score of 55/100 and a tenant stability score of 60/100, which indicates potential for fluctuating rental incomes and tenant turnover.