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, 1-bathroom house of 101 m². Located Azinhal parish, Castro Marim municipality, Faro district. This property features a quaint ruin/storage space ripe for renovation, offering excellent potential for personalized use such as a guesthouse or studio in the serene Algarve landscape.
The valuation. The asking price of €125,000 is above fair value by €1,767, representing a 1.4% premium. This property is therefore considered overpriced and may not attract serious buyers without further price adjustments.
Fair value modelled at €123,233 from the area baseline, adjusted for condition and location. Asking €125,000 sits €1,767 (1.4%) above — overpriced versus fair value.
Asking €125,000 versus the Azinhal, Castro Marim, Faro area baseline of €173,417 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 43/100 (Condition 30 · Materials 40 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 50/100 (Housing Market 50 · Amenities 55 · Economic 45 · Tenant Quality 50). Strong amenities and housing-market momentum support a premium to baseline.
Azinhal, Castro Marim, Faro
Area baseline €173,417 + condition -€50,184 + location +€0 = modelled fair value of €123,233 (€1,220/m²), a €1,767 (1.4%) gap versus the €125,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Azinhal · 65a72c | Subject | €125,000 | €1,238 | — | 30 | 50 |
| Monte Gordo · 001562 | Active | €225,000 | €2,647 | 113.9% | 45 | 70 |
| estrada Sem Nome | Active | €270,000 | €971 | 21.5% | — | 51 |
| Castro Marim · 6d5512 | Active | €450,000 | €3,169 | 156.1% | 45 | 55 |
| Alcoutim e Pereiro · 1e6181 | Active | €150,000 | €1,020 | 17.6% | 60 | 46 |
| Median comp | €247,500 | €1,834 | 48.1% | 45 | 53 |
Short-term vacation rental The property, listed at €125,000, is overpriced compared to its fair value of €123,233, indicating a minimal gap of 1.4%. Additionally, its 0% gross yield and a condition rating of 43/100 suggest it may not attract the desired vacation rental clientele effectively. Family rental With a fair value of €123,233 and a listing price of €125,000, this property shows a slight overvaluation of 1.4%. The neighborhood score of 50/100 combined with the property's condition makes it less appealing for long-term family rentals, limiting potential tenant quality. Buy-and-hold This property, priced at €125,000, exceeds its fair value by 1.4%, reflecting a less favorable investment opportunity. The lack of yield and subpar ratings on both condition and neighborhood further suggest that holding this asset for appreciation may not yield the desired results.
Economic and Tenant Stability Risk The low economic stability score of 45/100 combined with a tenant stability score of 50/100 indicates a high likelihood of tenant turnover and potential rent decline, posing a risk to consistent rental income.
