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 160 m², energy rating C. Located Altura parish, Castro Marim municipality, Faro district. This property features expansive outdoor terraces designed for various activities, emphasizing the seamless integration with the surrounding landscape and maximizing natural light throughout the day.
The valuation. The asking price of €610,000 sits €91,334 (17.6%) above the fair value of €518,666, indicating the property is overpriced. This discrepancy raises concerns for potential investors seeking a solid investment.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Altura · 1908d9 | Subject | €610,000 | €3,813 | — | — | 60 |
| urbanização Praia Verde | Active | €595,000 | €3,967 | 4.0% | — | 63 |
| Vila Nova de Cacela · 49b922 | Active | €400,000 | €3,252 | 14.7% | 65 | 53 |
| Vila Nova de Cacela · 86ca95 | Active | €475,000 | €3,231 | 15.2% | 70 | 58 |
| Vila Nova de Cacela · 4d4208 | Active | €466,000 | €3,641 | 4.5% | 72 | 53 |
| Median comp | €470,500 | €3,447 | 9.6% | 70 | 56 |
Long-term rental This property, listed at €610,000, is 17.6% above its fair value of €518,666, indicating a significant overpricing that risks diminishing returns for long-term rental investors. With a gross yield of only 2.2% and a neighborhood rating of 60/100, this investment may not attract quality tenants in a competitive rental market. Short-term vacation rental While Altura benefits from proximity to tourist hotspots, the property’s current listing price reflects a 17.6% overvaluation compared to its fair value of €518,666, making it a less appealing choice for short-term rental investors. The low yield of 2.2% and a condition rating of 0/100 suggest that ongoing expenses could further erode profitability in the vacation rental space. Family rental Given its listing at €610,000, which is 17.6% higher than the fair value of €518,666, this property appears overpriced for family rental purposes, with the potential for weaker demand. Coupled with a low yield of 2.2% and a subpar neighborhood rating of 60/100, securing long-term families as tenants may prove challenging under these market conditions.
Economic and Tenant Instability A combined score of 55 in both economic and tenant stability suggests a heightened risk of fluctuating rental income due to potential economic challenges and tenant turnover.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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