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: The property boasts a spacious basement with a kitchenette and secure private parking, enhancing both functionality and convenience for residents and guests.
The valuation. The asking price of €985,000 is positioned below the fair value of €1,060,720, indicating a potential opportunity for buyers. This property is underpriced by €75,720 (7.7%), providing immediate equity for future investment.
Fair value modelled at €1,236,112 from the area baseline, adjusted for condition and location. Asking €985,000 sits €251,112 (25.5%) below — the upside to fair value.
Asking €985,000 versus the rua Cristóvão Pires Norte area baseline of €1,121,400 (€5,607/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 88 · Materials 85 · Room dimensions 81). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 70/100 (Housing Market 75 · Amenities 65 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua Cristóvão Pires Norte
Area baseline €1,121,400 + condition +€25,000 + location +€89,712 = modelled fair value of €1,236,112 (€6,181/m²), a €251,112 (25.5%) gap versus the €985,000 asking price.
Short-term vacation rental The property in Almancil offers a favorable investment opportunity with a gap to fair value of 7.7%, indicating potential appreciation. With a gross yield of 4.2%, it is positioned well for the short-term vacation rental market that thrives in Algarve's tourist-relevant areas. Long-term rental Investing in this property for long-term rental can capitalize on the steady demand in Almancil, supported by the 85/100 condition rating. The neighbourhood's amenities and attractiveness further enhance its appeal for reliable long-term tenants, projecting stable rental income. Buy-and-hold This 3-bed house in Almancil stands as a solid buy-and-hold strategy due to its 7.7% gap to fair value, allowing for capital appreciation over time. The appealing condition and location make it a strong candidate for long-term value retention in the Algarve market.
Economic Vulnerability The property has an economic stability score of 65/100, which indicates a moderate risk of economic downturns impacting rental income and overall investment performance.
