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Castro Marim · report

Buy or rent in Castro Marim

Owning and renting a 90 m² home cost about the same each month. Owning counts interest, running costs and the return the deposit could earn, at the median sale price. Repaying the loan is saving, so it is left out.

Rent per month
€826
Owning per month
€856

Try your own numbers

Starting from INE's median sale price of €2,710/m² and median new-lease rent of 9.2 €/m² a month in Castro Marim, and a mortgage rate of 3.0%.

Assumptions
90
3
1
IMI, insurance, maintenance and condominium.
3
What the deposit and purchase costs could earn if invested instead.
7
IMT, stamp duty, registration and fees, paid once.

Owning and renting cost about the same each month.

Rent a month
€826
Owning a month, not recovered
€856
Interest
€549
Running costs
€203
Return given up
€104
Cash out a month, if buying
€1,129

Gross rental yield in Castro Marim

A year's rent as a share of the sale price, from INE's medians. Higher means rent is dear compared with buying.

Show the numbers
PeriodCastro Marim
Q2 20264.1%
Q1 20263.9%
Q4 20254.3%
Q3 20254.6%
Q2 20254.8%
Q1 20255.0%
Q4 20244.9%
Q3 20245.3%
Q2 20245.3%
Q1 20245.1%
Q4 20234.7%
Q3 20234.0%
Q2 20234.1%
Q1 20234.1%
Q4 20224.2%
Q3 20223.7%
Q2 20223.8%
Q1 20224.1%
Q4 20213.9%
Q3 20214.4%
Q2 20214.5%
Q1 20214.5%
Q4 20205.1%
Q3 20205.3%
Q2 20205.5%
Q1 20204.8%

The comparison counts only the costs of owning you never get back: interest, running costs and what the deposit and purchase costs could earn elsewhere. Loan repayments build equity, so they are left out. So is any rise in the home's value, because nobody knows it in advance.

Other reports for Castro Marim

At the median sale price, a 90 m² home costs €243,900. With 10% down and a 30-year mortgage, the payment is €925 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
42%
Payment, one income
85%

117.6% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
64
Per 1,000 residents
8.5

Over the last 12 months, buyers domiciled abroad paid 12.6% less per m² than buyers living in Portugal.

Abroad against residents
−12.6%

In 2025 the population grew by 36 while 14 homes were finished: 2.6 new residents for every new home.

New residents per new home, 2025
2.6
Population change, 2025
+36

9.7% of the 8,507 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
9.7%
Empty homes
821

In 2025, 6% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
6%
Reconstructions per 100 new buildings
6.7

Public bodies signed €295.7K of housing works here in 2017, and €335.6K since 2012.

Signed in 2017
€295.7K
Per resident, 2017
€39

Data: INE, ECB and others · updated October 27, 2026

Asking prices and bank valuations are not sale prices. This is a description of public data, not financial advice.

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