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 118 m², energy rating G. Located Odeleite parish, Castro Marim municipality, Faro district. Noteworthy Features: This property is uniquely situated facing the Ribeira de Odeleite in a tranquil village, offering both serene mountain views and easy access to nearby pristine beaches.
The valuation. The property is listed at €140,000, which is €12,744 (8.3%) below its fair value of €152,744. The asking price is reasonable, sitting fairly within the market expectations.
Fair value modelled at €152,744 from 6 comparable sales in the area. Asking €140,000 sits €12,744 (8.3%) below — the upside to fair value.
Asking €140,000 versus the Odeleite, Castro Marim, Faro area baseline of €111,434 (€944/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 32/100 is below the parish average, reducing 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 €111,434, adjusted for condition and micro-location, gives a modelled fair value of €152,744 (€1,294/m²), a €12,744 (8.3%) gap versus the €140,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Odeleite · 57fa96 | Subject | €140,000 | €1,186 | — | 29 | 46 |
| Conceição e Cabanas de Tavira · caa1b4 | Active | €265,000 | €1,199 | 1.1% | 20 | 59 |
| Odeleite · ade61c | Active | €120,000 | €1,200 | 1.1% | 35 | 54 |
| rua 26 de Janeiro | Active | €145,000 | €1,835 | 54.7% | 42 | 58 |
| Odeleite · be92a4 | Active | €270,000 | €1,406 | 18.5% | 30 | 54 |
| Median comp | €205,000 | €1,303 | 9.8% | 33 | 56 |
Long-term rental The property, while fair in value at €140,000 against a fair value of €152,744, is not expected to generate yield due to its condition rating of 32/100. Tenants might find the rural location appealing, but potential concerns about safety and limited amenities could hinder longer-term rental success. Family rental Positioned fairly at €140,000, this property could attract families looking for a rural lifestyle, but the condition rating indicates significant maintenance needs. The area’s average neighborhood quality, rated at 46/100, suggests that while some tenant interest exists, family rentals may struggle to fully capture the property's potential without investment in improvements.
Economic Vulnerability The property is at risk due to a low economic stability score of 35/100, indicating potential economic challenges that could affect tenant retention and profitability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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