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, 2-bathroom house of 60 m², energy rating B. Located Altura parish, Castro Marim municipality, Faro district. Notable Features: This property boasts an earthquake-resistant structure and a stylish private yard with a pool, providing both safety and a perfect setting for outdoor entertainment.
The valuation. The asking price of €495,000 is significantly above the fair value of €296,815, which represents an overvaluation of €198,185 (66.8%). This pricing reflects an unrealistic market perspective for the property.
Fair value modelled at €296,815 from 6 comparable sales in the area. Asking €495,000 sits €198,185 (66.8%) above — overpriced versus fair value.
Asking €495,000 versus the Altura, Castro Marim, Faro area baseline of €250,932 (€4,182/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €250,932, adjusted for condition and micro-location, gives a modelled fair value of €296,815 (€4,947/m²), a €198,185 (66.8%) gap versus the €495,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Altura · ade62c | Subject | €495,000 | €8,250 | — | 80 | 60 |
| Vila Nova de Cacela · 6f404d | Active | €895,000 | €5,927 | 28.2% | 75 | 51 |
| Vila Nova de Cacela · 65a508 | Active | €1,800,000 | €8,145 | 1.3% | 82 | 61 |
| via do Infante de Sagres, 5 | Active | €920,000 | €3,740 | 54.7% | — | 62 |
| Vila Nova de Cacela · d74922 | Active | €795,000 | €6,163 | 25.3% | — | 60 |
| Median comp | €907,500 | €6,045 | 26.7% | 79 | 61 |
Long-term rental The 2-bed house in Altura is priced at €495,000, substantially above the fair value of €296,815, indicating it is overpriced by 66.8%. With a gross yield of only 2%, the property may struggle to generate the expected income for long-term rental investors. Short-term vacation rental Despite its proximity to Algarve’s tourist areas, the high price of €495,000 compared to the fair value of €296,815 makes this property overpriced by 66.8%. The gross yield of 2% suggests limited potential for profitability in the competitive short-term vacation rental market. Family rental Selling for €495,000, this property is overpriced by 66.8% against a fair value of €296,815, which could deter families seeking affordable housing. With a condition rating of 82/100, it may appeal to families, but the yield of just 2% may not justify the high cost. Not ideal for student housing Given the property’s pricing at €495,000 against a fair value of €296,815, it is overpriced by 66.8%, making it an unappealing option for student housing. The average yield of 2% does not align with typical expectations for returns in this segment. Not ideal for luxury market At €495,000, this property is priced well above its fair value of €296,815, resulting in a 66.8% overpricing that precludes it from being a viable luxury market option. The property’s modest gross yield of 2% further diminishes its appeal for high-end investors.
Economic Dependency Risk: With an economic stability score of 55/100, the property may be vulnerable to economic downturns, impacting rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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