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, 3-bathroom house of 150 m², built in 2002, energy rating C. Located on urbanização Praia Verde, Castro Marim parish, Castro Marim municipality, Faro district. The typical rooftop terrace offers stunning sea views, while the fully furnished interiors boast high-quality ceramics and custom wood finishes, enhancing both style and comfort.
The valuation. The asking price of €595,000 is significantly above the fair value of €293,989, sitting at a staggering 50.6% overvaluation. This property is overpriced, indicating potential difficulties in realizing a profitable return on investment.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| urbanização Praia Verde | Subject | €595,000 | €3,967 | — | — | 63 |
| Castro Marim · 65a439 | Active | €1,400,000 | €5,385 | 35.7% | 75 | 52 |
| Castro Marim · 6d5512 | Active | €450,000 | €3,169 | 20.1% | 45 | 55 |
| Altura · 99f26e | Active | €990,000 | €5,625 | 41.8% | 60 | 57 |
| Altura · 00150f | Active | €495,000 | €3,056 | 23.0% | 78 | 54 |
| Median comp | €742,500 | €4,277 | 7.8% | 68 | 55 |
Short-term vacation rental Given its location in a popular tourist area of Algarve, the property is priced at €595,000, significantly above the fair value of €293,989, leading to a gap of 50.6%. With a gross yield of only 3.1% and a condition rating of 0/100, investing in this short-term rental strategy appears unsustainable in the current market context. Buy-and-hold The buy-and-hold strategy is undermined by the property’s steep price of €595,000 compared to the fair value of €293,989, reflecting a 50.6% overvaluation. Coupled with a low yield of 3.1% and a condition rating of 0/100, this asset may not provide the long-term appreciation potential typically sought in a buy-and-hold investment. Long-term rental Investing in long-term rental with this property is challenged by its listing price of €595,000, which is significantly above the fair value of €293,989, representing a 50.6% gap. Furthermore, a gross yield of 3.1% alongside a poor condition rating of 0/100 does not support the viability of a long-term rental strategy in this scenario.
Low tenant stability risk With a tenant stability score of 55/100, there is a significant risk of high turnover and potential vacancy, which can adversely impact cash flow and profitability.
