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.
1-bedroom, 1-bathroom apartment of 61 m², built in 2009, energy rating D. Located on rua 25 de Abril, 60, Castro Marim parish, Castro Marim municipality, Faro district. This apartment features a private top-floor terrace with stunning views of the 13th-century castle and 18th-century fort, enhancing its unique charm in the historical heart of Castro Marim.
The valuation. The asking price of €252,500 is significantly above the fair value of €181,347, representing a premium of €71,153 or 28.2%. This property is considered overpriced. Buy-to-flip angle. A buy-to-flip strategy would require substantial renovation or market changes to achieve a profitable resale, but the current valuation limits this potential. Buy-to-let angle. With an estimated gross yield of 0%, renting this property may not generate immediate income, making it a challenging buy-and-hold investment for long-term cash flow.
Fair value modelled at €181,347 from the area baseline, adjusted for condition and location. Asking €252,500 sits €71,153 (28.2%) above — overpriced versus fair value.
Asking €252,500 versus the rua 25 de Abril, 60 area baseline of €181,597 (€2,977/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 49/100 (Housing Market 50 · Amenities 45 · Economic 35 · Tenant Quality 60). Softer demand indicators apply a discount to baseline.
rua 25 de Abril, 60
Area baseline €181,597 + condition +€477 + location -€726 = modelled fair value of €181,347 (€2,973/m²), a €71,153 (28.2%) gap versus the €252,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua 25 de Abril, 60 | Subject | €252,500 | €4,139 | — | 72 | 49 |
| Vila Real de Santo António · 6f40dd | Active | €290,000 | €3,085 | 25.5% | 75 | 60 |
| rua B | Active | €320,000 | €2,857 | 31.0% | 72 | 63 |
| rua B | Active | €340,000 | €3,036 | 26.7% | 70 | 58 |
| urbanização Horta do Vinagre Centro de Castro Marim | Active | €240,000 | €2,526 | 39.0% | 75 | 71 |
| Median comp | €305,000 | €2,947 | 28.8% | 74 | 62 |
Long-term rental This property is overpriced at €252,500, exceeding the fair value of €181,347 by 28.2%, which makes it less attractive for stable local residents typically seeking accommodation in the Algarve inland areas. With a yield of 0% gross and a neighbourhood rating of 49/100, the investment prospects for long-term rental are significantly diminished. Buy-and-hold Given its current listing price, the 1-bed apartment lacks the potential for growth, as it is priced well above fair value and will likely struggle to appreciate in a local market driven by stable tenant demand rather than speculative investment. The combined factors of a low condition score of 76/100 and a less favorable neighbourhood rating indicate that holding onto this property may not yield the desired returns in the future.
High Economic Risk With an economic stability score of 35/100, there is a significant risk of fluctuating market conditions affecting property value and rental income.
