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, 1-bathroom house of 84 m², built in 1940, energy rating B. Located Azinhal parish, Castro Marim municipality, Faro district. Noteworthy Features: The property features a modern open-concept living space that includes high-quality stone accents, while the exterior yard presents opportunities for personalized landscaping despite its current state of decay.
The valuation. The asking price of €315,000 is significantly above the fair value of €175,689, placing it at €139,311 or 79.3% overpriced. The valuation indicates that potential buyers may not find this property a viable investment.
Fair value modelled at €175,689 from 6 comparable sales in the area. Asking €315,000 sits €139,311 (79.3%) above — overpriced versus fair value.
Asking €315,000 versus the Azinhal, Castro Marim, Faro area baseline of €136,802 (€1,629/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €136,802, adjusted for condition and micro-location, gives a modelled fair value of €175,689 (€2,092/m²), a €139,311 (79.3%) gap versus the €315,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Azinhal · 76acf1 | Subject | €315,000 | €3,750 | — | 75 | 50 |
| rua do Poço das Casas | Active | €460,000 | €4,466 | 19.1% | 70 | 51 |
| via do Infante | Active | €324,000 | €2,945 | 21.5% | 75 | 55 |
| Azinhal · 62710e | Active | €265,000 | €3,897 | 3.9% | 55 | 52 |
| Azinhal · 938783 | Active | €265,000 | €1,205 | 67.9% | 74 | 48 |
| Median comp | €294,500 | €3,421 | 8.8% | 72 | 52 |
Long-term rental The 3-bed house in Azinhal, Castro Marim is overpriced at €315,000, significantly exceeding the fair value of €175,689, indicating a 79.3% gap. With a gross yield of 0% and a neighbourhood quality rating of only 50/100, the property does not present a sustainable long-term rental opportunity. Short-term vacation rental Given its location further inland in the Algarve region, the property is overpriced at €315,000, well above its fair value of €175,689, reflecting a 79.3% discrepancy. The appeal for short-term vacation rentals is limited by the lack of nearby amenities and a neighbourhood rating of 50/100, which could hinder occupancy rates and profitability.
High Economic and Tenant Instability The property is at risk due to a low economic stability score of 45/100 and a tenant stability score of only 45/100, indicating potential volatility in rental income and increased vacancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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