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 villa of 101 m², built in 1937, energy rating C. Located on rua Doutor José Alves Moreira, Castro Marim parish, Castro Marim municipality, Faro district. This villa features direct access to the golf course and is positioned in a sought-after gated community, enhancing both privacy and leisure opportunities.
The valuation. The asking price of €483,500 sits €175,628 above the fair value of €307,872, marking the property as overpriced by 36.3%. Such a discrepancy raises concerns about the potential long-term investment viability.
Fair value modelled at €307,872 from the area baseline, adjusted for condition and location. Asking €483,500 sits €175,628 (36.3%) above — overpriced versus fair value.
Asking €483,500 versus the rua Doutor José Alves Moreira area baseline of €300,677 (€2,977/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 70 · Materials 75 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 59/100 (Housing Market 50 · Amenities 55 · Economic 45 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Doutor José Alves Moreira
Area baseline €300,677 + condition -€3,630 + location +€10,824 = modelled fair value of €307,872 (€3,048/m²), a €175,628 (36.3%) gap versus the €483,500 asking price.
Long-term rental The property is overpriced with a fair value of €307,872 compared to the listing price of €483,500, creating a potential gap of 36.3%. Given the local economy’s reliance on seasonal employment and a modest gross yield of 3.6%, the long-term rental strategy may not provide satisfactory returns. Short-term vacation rental With the property priced significantly above its fair value, the return on investment may be limited despite its location in a semi-touristic area. The seasonal nature of tourism in the Algarve, combined with the neighborhood's lower amenities rating of 59/100, suggests that investing in a short-term vacation rental could be a misstep. Not ideal for: Luxury market, Student housing
Economic downturn risk The economic stability score of 45/100 indicates a significant risk of economic downturn impacting tenant retention and property value.
