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 apartment of 95 m², built in 2001, energy rating C. Located on urbanização Horta do Vinagre Centro de Castro Marim, Castro Marim parish, Castro Marim municipality, Faro district. Noteworthy Features: The apartment features a fully furnished interior with modern finishes and is located on the bustling main street of Castro Marim, ideal for vibrant urban living.
The valuation. The asking price of €240,000 sits €70,134 below the fair value of €310,134, indicating that the property is subvalued by approximately 29.2%. This presents a solid opportunity for prospective investors.
Fair value modelled at €310,134 from the area baseline, adjusted for condition and location. Asking €240,000 sits €70,134 (29.2%) below — the upside to fair value.
Asking €240,000 versus the urbanização Horta do Vinagre Centro de Castro Marim area baseline of €282,815 (€2,977/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 75 · Materials 80 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 70 · Amenities 75 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
urbanização Horta do Vinagre Centro de Castro Marim
Area baseline €282,815 + condition +€3,563 + location +€23,756 = modelled fair value of €310,134 (€3,265/m²), a €70,134 (29.2%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| urbanização Horta do Vinagre Centro de Castro Marim | Subject | €240,000 | €2,526 | — | 75 | 71 |
| rua 25 de Abril, 60 | Active | €252,500 | €4,139 | 63.8% | 72 | 49 |
| Castro Marim · 937291 | Active | €675,000 | €3,994 | 58.1% | 68 | 58 |
| autoestrada N125 | Active | €225,000 | €4,891 | 93.6% | 80 | 53 |
| Castro Marim · 4b7c9a | Active | €860,000 | €3,028 | 19.9% | 76 | 55 |
| Median comp | €463,750 | €4,067 | 61.0% | 74 | 54 |
Short-term vacation rental This property, listed at €240,000, is subvalorizada compared to its fair value of €310,134, creating a significant gap of 29.2% that potential investors can leverage. The scenic tranquility of rural Algarve and a strong tourism-driven economy make it an attractive option for short-term rentals. Long-term rental Given the sturdy local economy and the property’s good condition rating of 77/100, this apartment presents a solid opportunity for long-term rental investments as it is subvalorizada by 29.2%. The average educational resources and safe neighborhood make it well-suited for families and working professionals looking for stability. Buy-and-hold With a fair value of €310,134 and current listing at €240,000, this property represents a strong buy-and-hold opportunity, as it currently sits 29.2% below its fair value. Investing now in a growing area like Castro Marim can offer substantial long-term appreciation, capitalizing on the region's tourist appeal and economic potential.
Economic Potential Decline The economic stability score of 65/100 indicates a moderate risk of economic downturns affecting property values and rental income, while the tenant stability score of 75/100 suggests decent tenant retention but may not fully mitigate economic fluctuations.
