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, 2-bathroom apartment of 79 m². Located Loulé (São Clemente) parish, Loulé municipality, Faro district. Noteworthy Features: This apartment boasts stunning sea views from the living area and is situated in one of the city's most sought-after neighborhoods, enhancing its desirability.
The valuation. The asking price of €650,000 sits €337,518 (51.9%) above the fair value of €312,482, indicating the property is overpriced. This valuation discrepancy may deter potential buyers looking for realistic investment opportunities.
Fair value modelled at €312,482 from the area baseline, adjusted for condition and location. Asking €650,000 sits €337,518 (51.9%) above — overpriced versus fair value.
Asking €650,000 versus the Loulé (São Clemente), Loulé, Faro area baseline of €284,163 (€3,597/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 70 · Materials 80 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 76/100 (Housing Market 80 · Amenities 85 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Loulé (São Clemente), Loulé, Faro
Area baseline €284,163 + condition -€1,234 + location +€29,553 = modelled fair value of €312,482 (€3,955/m²), a €337,518 (51.9%) gap versus the €650,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Loulé (São Clemente) · 6d5275 | Subject | €650,000 | €8,228 | — | 70 | 76 |
| praceta Nascimento Fernandes, 3 | Active | €340,000 | €3,953 | 51.9% | 72 | 66 |
| Loulé (São Clemente) · 4a8021 | Active | €850,000 | €10,000 | 21.5% | 70 | 66 |
| rua Emiliano da Costa, 9 | Active | €380,000 | €3,455 | 58.0% | 69 | 62 |
| rua Alberto Iria, 2 | Active | €421,000 | €2,567 | 68.8% | 70 | 65 |
| Median comp | €400,500 | €3,704 | 55.0% | 70 | 66 |
Short-term vacation rental This property, priced at €650,000, significantly exceeds its fair value of €312,482, resulting in a gap of 51.9%, making it an overpriced investment for short-term rentals. With a gross yield of only 1.8%, the financial returns are unlikely to justify the elevated purchase price in the competitive Algarve market. Luxury market The €650,000 asking price for this 2-bed apartment leads to a considerable overvaluation compared to the fair value of €312,482, indicating it's overpriced for the luxury market segment. Although the neighborhood boasts a relatively high rating of 76/100, the expected returns may diminish due to the steep entry price. Family rental At €650,000, this property is overpriced relative to its fair value of €312,482, presenting a significant gap of 51.9% that could deter family renters looking for reasonable options. Coupled with a low yield of 1.8%, this investment is unlikely to attract families seeking affordable and practical housing solutions. Not ideal for student housing Due to its excessive price of €650,000 in comparison to a fair value of €312,482, the property is clearly overpriced and unsuitable for the student housing market. The economic conditions in the area, affected by seasonal employment, further compound this challenge. Not ideal for industrial use This property is overpriced at €650,000 against a fair value of €312,482, making it a poor candidate for industrial use investments. Given the neighborhood's characteristics, there are better opportunities available for this type of development. Not ideal for agricultural development Priced at €650,000 while being valued at only €312,482, this property is not suitable for agricultural development as it is clearly overpriced. The neighborhood dynamics do not align with agricultural viability, further supporting this conclusion.
Economic Vulnerability The economic stability score of 65/100 suggests there may be potential vulnerabilities in the local economy that could impact property values or tenant demand.
