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 €631,488 (€1,196/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 €631,488 + 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.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa Primeiro de Maio, 2 | Subject | €445,000 | €843 | — | 75 | 57 |
| Altura · 00150f | Active | €495,000 | €3,056 | 262.5% | 78 | 54 |
| Alcoutim e Pereiro · 4a7cff | Active | €265,000 | €1,743 | 106.9% | 70 | 46 |
| Castro Marim · 937291 | Active | €675,000 | €3,994 | 373.9% | 68 | 58 |
| rua Almirante Cândido dos Reis, 148 | Active | €499,000 | €2,483 | 194.6% | 68 | 53 |
| Median comp | €497,000 | €2,770 | 228.6% | 69 | 54 |
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.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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