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, 2-bathroom house of 528 m², energy rating D. Located on travessa Primeiro de Maio, 2, Azinhal parish, Castro Marim municipality, Faro district. Exterior features include a large fully fenced courtyard with potential for parking multiple vehicles and a covered barbecue area, ideal for hosting gatherings in the Algarve sun.
The valuation. The asking price of €445,000 represents a significant discount compared to the fair value of €958,360, indicating that the property is subvalorizada by €513,360 (115.4%). This positioning makes it a compelling opportunity for investment.
Fair value modelled at €958,360 from the area baseline, adjusted for condition and location. Asking €445,000 sits €513,360 (115.4%) below — the upside to fair value.
Asking €445,000 versus the travessa Primeiro de Maio, 2 area baseline of €906,576 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 79). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 57/100 (Housing Market 60 · Amenities 50 · Economic 45 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
travessa Primeiro de Maio, 2
Area baseline €906,576 + condition +€26,400 + location +€25,384 = modelled fair value of €958,360 (€1,815/m²), a €513,360 (115.4%) gap versus the €445,000 asking price.
Long-term rental This property in Azinhal shows a promising investment opportunity given its fair value at €958,360 compared to the listing price of €445,000, indicating a significant gap of 115.4%. The positive condition rating of 78/100 further supports its viability as a long-term rental in a rural location. Family rental With a fair value much higher than the current listing, this property is well-positioned for family rental opportunities, providing ample space and a solid condition rating of 78/100. Although the neighborhood score is 57/100, the substantial valuation gap positions it favorably in the family rental market, appealing to those seeking a rural lifestyle in the Algarve.
Economic Risk The economic stability score of 45/100 indicates a significant risk of economic downturns that could affect rental incomes and property values.