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 135 m², built in 2011, energy rating B. Located Castro Marim parish, Castro Marim municipality, Faro district. Noteworthy Features: This property offers a unique location within a tourist village that promises above-average profitability and access to one of the Algarve's finest golf courses.
The valuation. The asking price of €520,000 is below the fair value of €591,158, representing a difference of €71,158 (12.0%). This property is priced fairly and aligns well with market expectations.
Fair value modelled at €591,158 from 6 comparable sales in the area. Asking €520,000 sits €71,158 (12.0%) below — the upside to fair value.
Asking €520,000 versus the Castro Marim, Castro Marim, Faro area baseline of €499,541 (€3,700/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €499,541, adjusted for condition and micro-location, gives a modelled fair value of €591,158 (€4,379/m²), a €71,158 (12.0%) gap versus the €520,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Castro Marim · 9af8e5 | Subject | €520,000 | €3,852 | — | 80 | 57 |
| rua Doutor José Alves Moreira | Active | €465,000 | €4,115 | 6.8% | — | 55 |
| rua Doutor José Alves Moreira | Active | €465,000 | €4,115 | 6.8% | — | 63 |
| Castro Marim · 4bbf22 | Active | €630,000 | €7,159 | 85.9% | 75 | 60 |
| Castro Marim · 5e6388 | Active | €1,300,000 | €4,643 | 20.5% | — | 58 |
| Median comp | €547,500 | €4,379 | 13.7% | 75 | 59 |
Long-term rental The property in Castro Marim presents a 2.3% gross yield, which is relatively low compared to the fair value of €591,158. While its condition is decent at 78/100, the rural location may impact tenant demand, making this a cautious long-term investment. Short-term vacation rental With a fair value of €591,158, the property exhibits a moderate potential for short-term vacation rentals; however, the 2.3% gross yield suggests limited profitability in this strategy. The presence of tourism in the area can offer some appeal, yet the neighbourhood score of 57/100 highlights potential challenges in attracting guests. Buy-and-hold Investing in this property under a buy-and-hold strategy reflects a fair valuation compared to its market listing, indicating stable, long-term value but limited immediate returns. The neighbourhood has a moderate rating, and while the low crime rate is appealing, the rural nature could present challenges in value appreciation over time.
Weak Economic Foundations The economic stability score of 45/100 indicates significant risks in attracting and retaining tenants, potentially leading to unstable rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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