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, 2-bathroom house of 113 m², built in 1998, energy rating E. Located Odeleite parish, Castro Marim municipality, Faro district. Noteworthy Features: The property boasts a charming front patio with BBQ and sink, and a first-floor terrace offering picturesque countryside views, enhancing its outdoor living appeal.
The valuation. The asking price of €280,000 is significantly below the fair value of €334,164, representing a difference of €54,164 (16.2%). This property is considered underpriced based on its market valuation.
Fair value modelled at €334,164 from 6 comparable sales in the area. Asking €280,000 sits €54,164 (16.2%) below — the upside to fair value.
Asking €280,000 versus the Odeleite, Castro Marim, Faro area baseline of €268,797 (€2,379/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €268,797, adjusted for condition and micro-location, gives a modelled fair value of €334,164 (€2,957/m²), a €54,164 (16.2%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Odeleite · 2cdcc7 | Subject | €280,000 | €2,478 | — | 67 | 54 |
| Vaqueiros · a6d521 | Active | €135,000 | €1,134 | 54.2% | — | 49 |
| Conceição e Cabanas de Tavira · a8edf8 | Active | €535,000 | €4,147 | 67.4% | 74 | 51 |
| Azinhal · 62710e | Active | €265,000 | €3,897 | 57.3% | 55 | 52 |
| rua de Corte do Gago S / N | Active | €265,000 | €3,581 | 44.5% | 80 | 53 |
| Median comp | €265,000 | €3,739 | 50.9% | 74 | 52 |
Long-term rental This property presents a solid opportunity for long-term rental, given its fair value of €334,164 against a listing price of €280,000. Although the gross yield is currently 0%, the property being 16.2% underpriced suggests potential for appreciation in a stable rental market. Buy-and-hold Investing in this property allows for a buy-and-hold strategy, as it is priced significantly below fair value at €280,000, while nearby economic drivers are gradually improving. The existing condition score of 72 indicates livability, making it a viable choice for sustained investment despite the rural location. Family rental With its size and fair pricing, the property is well-suited for family rental, particularly in a neighborhood rated 54/100. The gap from fair value reinforces that it is currently underpriced, attracting families seeking a stable, affordable living space in a rural setting.
Economic Volatility The economic stability score of 45/100 indicates significant volatility in the local economy, which can negatively affect tenant demand and rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
