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 200 m², built in 2004, energy rating C. Located on rua Cristóvão Pires Norte, Almancil parish, Loulé municipality, Faro district. Noteworthy Features: This property boasts a private garden terrace with direct access to a communal pool, enhancing outdoor leisure and entertainment options in a tranquil setting.
The valuation. The asking price of €985,000 is significantly underpriced compared to the fair value of €1,236,112, resulting in a difference of €251,112 (25.5%). This offers investors a financially advantageous opportunity.
Fair value modelled at €1,006,353 from 6 comparable sales in the area. Asking €985,000 sits €21,353 (2.1%) below — the upside to fair value.
Asking €985,000 versus the rua Cristóvão Pires Norte area baseline of €1,038,430 (€9,705/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €1,038,430, adjusted for condition and micro-location, gives a modelled fair value of €1,006,353 (€9,405/m²), a €21,353 (2.1%) gap versus the €985,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Cristóvão Pires Norte | Subject | €985,000 | €9,206 | — | 91 | 70 |
| via Faro International Airport, 8 | Active | €2,850,000 | €9,500 | 3.2% | 88 | 72 |
| Loulé (São Clemente) · 76b196 | Active | €1,100,000 | €4,231 | 54.0% | — | 72 |
| Almancil · 4a81ae | Active | €1,250,000 | €10,870 | 18.1% | 80 | 67 |
| rua da Laranjeira | Active | €2,100,000 | €11,351 | 23.3% | 80 | 69 |
| Median comp | €1,675,000 | €10,185 | 10.6% | 80 | 71 |
Short-term vacation rental This property, listed at €985,000 yet with a fair value of €1,236,112, presents a compelling opportunity in the short-term vacation rental market, given the 25.5% gap that indicates it is underpriced. With a gross yield of 4.2% and a favorable condition rating of 85/100, it stands to benefit from the high tourist demand in the Algarve region. Long-term rental The 3-bedroom house in Almancil, priced at €985,000 and valued at €1,236,112, is positioned effectively for long-term rental due to its reasonable gross yield of 4.2% amidst desirable neighborhood characteristics. Its appealing condition and proximity to amenities ensure steady demand from potential long-term tenants seeking quality housing in the Algarve area. Buy-and-hold Acquiring this property at the current listing price of €985,000, with a fair valuation significantly higher at €1,236,112, represents a solid buy-and-hold strategy thanks to its 25.5% gap indicating it is underpriced. The enduring desirability of Almancil's location and its strong condition rating position it well for appreciation over time, offering potential for lucrative returns.
Economic Vulnerability The economic stability score of 65/100 indicates potential volatility in the local market, which may impact tenant retention and rental income stability.
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