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.
1-bedroom, 1-bathroom apartment of 50 m² on the 2nd floor, energy rating C. Located on rua Infante D. Henrique, 66, Altura parish, Castro Marim municipality, Faro district. Noteworthy Features: This apartment features three balconies offering unobstructed sea views, enhancing both the living experience and natural light throughout the space.
The valuation. The asking price of €249,000 is above the fair value of €229,939 by €19,061 (8.3%). This positions the property fairly within the market, neither too high nor too low. Buy-to-flip angle. A resale strategy could target the demand for well-equipped, yet reasonably priced, one-bedroom apartments in Altura, with potential for a slight markup if renovations are made. Buy-to-let angle. The estimated gross yield of 3.2% translates to approximately €664/month in rental income, making it suitable for long-term tenancies, especially catering to families seeking proximity to the coast.
Fair value modelled at €229,939 from 6 comparable sales in the area. Asking €249,000 sits €19,061 (8.3%) above — overpriced versus fair value.
Asking €249,000 versus the rua Infante D. Henrique, 66 area baseline of €210,551 (€4,211/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 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 €210,551, adjusted for condition and micro-location, gives a modelled fair value of €229,939 (€4,599/m²), a €19,061 (8.3%) gap versus the €249,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Infante D. Henrique, 66 | Subject | €249,000 | €4,980 | — | 70 | 54 |
| rua Duque de Terceira, 76 | Active | €315,000 | €5,727 | 15.0% | 75 | 56 |
| Altura · 23f20c | Active | €305,000 | €4,236 | 14.9% | 75 | 62 |
| Altura · a80509 | Active | €315,000 | €5,727 | 15.0% | 75 | 70 |
| largo do Mercado, 10 | Active | €329,000 | €4,113 | 17.4% | 79 | 62 |
| Median comp | €315,000 | €4,982 | 0% | 75 | 62 |
Long-term rental The property offers a gross yield of 3.2%, which is reasonable for a 1-bed apartment in a rural area like Altura. With a fair value estimated at €229,939, this investment is positioned fairly within the local rental market, making it a stable long-term rental opportunity. Family rental Given the apartment's size and location in a predominantly rural setting, it could serve as a comfortable family rental option. The moderate condition rating of 71/100 suggests that while some improvements may be needed, the property can attract families seeking stability in a fair-priced rental market.
Economic Volatility Risk The low economic stability score of 40/100 indicates potential for fluctuating markets, which could lead to increased vacancy rates or reduced rental income.
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