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 apartment of 150 m², energy rating C. Located on rua do Centro Comunitario, 115, Almancil parish, Loulé municipality, Faro district. This property features a spacious terrace ideal for outdoor relaxation and entertainment, along with access to well-maintained communal gardens that enhance the living experience.
The valuation. The asking price of €415,000 is below the fair value of €873,535, suggesting that the property is subvalued by €458,535 (110.5%). This presents an excellent opportunity for potential buyers. Buy-to-flip angle. Given the current condition score of 70/100, a buy-to-flip strategy focusing on aesthetic upgrades can yield significant resale opportunities in a high-demand area. Holding the property for a short duration with renovations may attract higher offers. Buy-to-let angle. The gross yield of 4.5% translates to an estimated rental income of €1,556/month, making it a promising buy-to-let investment in a tourist-heavy region. Seasonal demand may enhance returns for short-term vacation rentals.
Fair value modelled at €873,535 from the area baseline, adjusted for condition and location. Asking €415,000 sits €458,535 (110.5%) below — the upside to fair value.
Asking €415,000 versus the rua do Centro Comunitario, 115 area baseline of €841,050 (€5,607/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 68 · Materials 72 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 63/100 (Housing Market 70 · Amenities 55 · Economic 60 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua do Centro Comunitario, 115
Area baseline €841,050 + condition -€11,250 + location +€43,735 = modelled fair value of €873,535 (€5,824/m²), a €458,535 (110.5%) gap versus the €415,000 asking price.
Short-term vacation rental The property in Almancil presents a significant opportunity as a short-term vacation rental, leveraging its proximity to the Algarve’s tourist attractions. With a gross yield of 4.5% and a fair value significantly higher than the listing price, it can deliver profitable returns in a booming seasonal market. Long-term rental As a long-term rental, this 3-bed apartment offers a competitive edge with its fair value indicating it is underpriced relative to potential rental income. The neighborhood’s amenities and relatively decent condition make it an attractive option for families seeking stable housing in a desirable location. Buy-and-hold Investing in this property for a buy-and-hold strategy aligns well with the market dynamics in Almancil, where property values are anticipated to appreciate over time. Given the current gap from fair value, it allows for potential capital gains while benefiting from ongoing rental income at a yield of 4.5%.
Economic and Tenant Stability Risk With an economic stability score of 60 and tenant stability score of 65, there is a potential risk of lower demand, which may lead to decreased rental income and higher vacancy rates.
