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.
4-bedroom, 4-bathroom house of 456 m², energy rating B. Located Altura parish, Castro Marim municipality, Faro district. Noteworthy Feature: The property includes a spacious outdoor leisure area designed for gatherings, enhancing the entertaining experience and family interactions throughout the year.
The valuation. The asking price of €718,000 is significantly below the fair value of €1,258,489, representing a discount of €540,489 (42.9%). This positions the property as a notable opportunity in the market.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Altura · 7ca8d2 | Subject | €718,000 | €1,575 | — | — | 53 |
| Vila Nova de Cacela · 3a722b | Active | €545,000 | €2,080 | 32.1% | 75 | 63 |
| Vila Nova de Cacela · 5da1ac | Active | €575,000 | €2,246 | 42.6% | 78 | 51 |
| Vila Nova de Cacela · 1f3705 | Active | €525,000 | €2,692 | 71.0% | 80 | 61 |
| Castro Marim · 8935f2 | Active | €995,000 | €3,566 | 126.5% | 74 | 53 |
| Median comp | €560,000 | €2,469 | 56.8% | 77 | 57 |
Long-term rental The property at €718,000 presents a significant opportunity with a gap of 42.9% below its fair value of €1,258,489, indicating it is subvalued within a rural Algarve market with tourism influence. Despite a 0% gross yield and a low neighbourhood rating of 53/100, the potential appreciation in value from this strategic investment makes it a compelling option for long-term rental. Short-term vacation rental With a fair value indication suggesting the property is subvalued, this 4-bed house can capitalize on the area's tourism appeal despite a current condition rating of 0/100. The property presents an opportunity to generate a competitive short-term rental yield, benefiting from the localized tourist market in Altura, Castro Marim. Not ideal for luxury market Given the 0/100 condition rating and the overall neighbourhood's lack of prestige at 53/100, this property is not positioned well for entry into the luxury market segment. Its valuation of €718,000 against a fair value of €1,258,489 suggests a more favorable alignment with value-driven segments. Not ideal for student housing The property is not suitable for student housing due to its rural location and inadequate amenities that fail to attract a tenant quality conducive to this market segment. The current valuation dynamics point towards a niche other than student accommodations, emphasizing the importance of targeting more profitable rental options.
Economic Dependence Risk: With an economic stability score of 45/100, there is a significant risk that economic downturns could adversely affect property values and tenant retention, leading to potential cash flow issues.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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