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.
0-bedroom, 3-bathroom mix_use_building of 357 m², built in 1951, energy rating E. Located Almancil parish, Loulé municipality, Faro district. Noteworthy Features: The property boasts a well-maintained restaurant with a charming terrace and a substantial outdoor area featuring a variety of fruit trees native to the Algarve region.
The valuation. The asking price of €1,700,000 sits €273,131 (16.1%) below the fair value of €1,973,131. This property is considered subvalued, presenting a favorable opportunity for potential buyers.
Fair value modelled at €1,973,131 from the area baseline, adjusted for condition and location. Asking €1,700,000 sits €273,131 (16.1%) below — the upside to fair value.
Asking €1,700,000 versus the Almancil, Loulé, Faro area baseline of €2,001,699 (€5,607/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 38/100 (Condition 35 · Materials 40 · Room dimensions 45). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Almancil, Loulé, Faro
Area baseline €2,001,699 + condition -€204,717 + location +€176,150 = modelled fair value of €1,973,131 (€5,527/m²), a €273,131 (16.1%) gap versus the €1,700,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almancil · 8d9fa8 | Subject | €1,700,000 | €4,762 | — | 35 | 72 |
| Almancil · 8d9f3b | Active | €750,000 | €2,500 | 47.5% | — | 71 |
| Almancil · d7a40e | Active | €1,450,000 | €6,197 | 30.1% | — | 65 |
| Almancil · f36380 | Active | €450,000 | €3,000 | 37.0% | 58 | 67 |
| Almancil · 956805 | Active | €565,000 | €3,622 | 23.9% | 68 | 66 |
| Median comp | €657,500 | €3,311 | 30.5% | 63 | 67 |
Long-term rental Given the property is currently priced at €1,700,000 while the fair value is €1,973,131, it presents a 16.1% gap, indicating a potential for appreciation. However, with a gross yield of 0% and a condition rating of only 38/100, long-term rental may not be the optimal strategy for generating immediate cash flow. Buy-and-hold The 0-bed mix-use building in Almancil is subvalorizada compared to its fair value, providing an opportunity for appreciation in a popular coastal market. Despite this, the low condition rating of 38/100 suggests a need for significant renovations which could impact short-term returns. Short-term vacation rental In the tourist-heavy region of coastal Algarve, the property could benefit from the popularity of short-term rentals, making the current pricing attractive. However, the 0% yield and a building condition rating of 38/100 may significantly limit profitability in this strategy unless renovations are undertaken.
Economic Vulnerability The economic stability score of 65/100 indicates potential vulnerability to economic downturns that could negatively impact property value.