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.
2-bedroom, 1-bathroom house of 303 m². Located Almancil parish, Loulé municipality, Faro district. Unique features: This expansive property boasts two houses on a generous 15,200 m² lot, offering significant redevelopment potential in a peaceful setting with multiple access points.
The valuation. The asking price of €700,000 sits well below the fair value of €1,523,589, making this property underpriced by €823,589 (117.7%), indicating a significant opportunity for buyers looking to invest in the property market.
Fair value modelled at €1,523,589 from the area baseline, adjusted for condition and location. Asking €700,000 sits €823,589 (117.7%) below — the upside to fair value.
Asking €700,000 versus the Almancil, Loulé, Faro area baseline of €1,698,921 (€5,607/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 15/100 (Condition 10 · Materials 20 · Room dimensions 25). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 66/100 (Housing Market 70 · Amenities 65 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Almancil, Loulé, Faro
Area baseline €1,698,921 + condition -€284,063 + location +€108,731 = modelled fair value of €1,523,589 (€5,028/m²), a €823,589 (117.7%) gap versus the €700,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almancil · 49b8a0 | Subject | €700,000 | €2,310 | — | — | 66 |
| Almancil · ba3db6 | Active | €190,000 | €2,043 | 11.6% | 20 | 59 |
| Almancil · 6fbdb4 | Active | €1,650,000 | €8,049 | 248.4% | — | 67 |
| Almancil · d7a40e | Active | €1,450,000 | €6,197 | 168.2% | — | 65 |
| Almancil · 90d97d | Active | €340,000 | €2,906 | 25.8% | 68 | 62 |
| Median comp | €895,000 | €4,552 | 97.0% | 44 | 64 |
Short-term vacation rental This property is strategically positioned in the coastal Algarve region, which typically attracts high tourist traffic, making it an appealing option for short-term vacation rentals. Despite its current condition rating of 15/100, the substantial gap from the fair value of €1,523,589 indicates strong potential for appreciation once optimized. Family rental Given the neighborhood's score of 66/100, along with the growing demand for family-oriented housing near tourist hotspots, this property presents a solid opportunity as a family rental. The pricing, set at €700,000, is attractively positioned relative to its fair value, suggesting significant upside for long-term investors who can enhance the property’s living standards. Buy-and-hold As a buy-and-hold investment, this property offers a rare chance to acquire a home that is benchmarked far below its fair market value of €1,523,589 while situated in a desirable tourism-centric area. The current condition may not be ideal, yet the potential for value creation through renovation could yield substantial returns in the long term.
Economic Vulnerability The economic stability score of 60/100 indicates potential vulnerabilities in the local market, which may affect long-term rental income.
