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 apartment of 117 m², energy rating C. Located Almancil parish, Loulé municipality, Faro district. Noteworthy Features: This apartment includes a basement parking space and a private storage room, enhancing convenience and providing additional storage solutions for residents.
The valuation. The asking price of €340,000 is significantly below the fair value of €666,484, indicating an underpriced opportunity by €326,484 (96.0%). Buy-to-flip angle. This property can be quickly remodeled for resale, targeting the vacation home market for a profitable uptick. Buy-to-let angle. With a gross yield of 5%, estimated rental income of €1,417/month capitalizes on tourism-driven demand in Almancil.
Fair value modelled at €666,484 from the area baseline, adjusted for condition and location. Asking €340,000 sits €326,484 (96.0%) below — the upside to fair value.
Asking €340,000 versus the Almancil, Loulé, Faro area baseline of €656,019 (€5,607/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 (Condition 68 · Materials 60 · Room dimensions 66). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 62/100 (Housing Market 70 · Amenities 65 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Almancil, Loulé, Faro
Area baseline €656,019 + condition -€21,023 + location +€31,489 = modelled fair value of €666,484 (€5,696/m²), a €326,484 (96.0%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almancil · 90d97d | Subject | €340,000 | €2,906 | — | 68 | 62 |
| rua do Centro Comunitario, 115 | Active | €415,000 | €2,767 | 4.8% | 68 | 63 |
| Almancil · 956805 | Active | €565,000 | €3,622 | 24.6% | 68 | 66 |
| Almancil · 96c4f9 | Active | €479,000 | €2,737 | 5.8% | 75 | 64 |
| avenida José dos Santos Farias | Active | €530,000 | €2,087 | 28.2% | 75 | 73 |
| Median comp | €504,500 | €2,752 | 5.3% | 72 | 65 |
Long-term rental The property in Almancil shows a strong long-term rental investment opportunity with a gross yield of 5%, attracting stable tenants due to the nearby tourist centers. However, with a fair value significantly higher than the listing price, this property remains an exceptional long-term asset despite some lower scores in condition and neighborhood. Short-term vacation rental Given the tourism-driven demand in the Algarve, this apartment can capitalize on the vacation rental market, benefiting from its proximity to tourist centers and generating substantial income over peak seasons. The potential for yields to increase is evident, particularly as the property is significantly underpriced compared to fair market value. Buy-and-hold With an impressive fair value of €666,484, investing in this property as a buy-and-hold strategy presents a strong chance for appreciation over time, especially in a market driven by tourism and demand. The apartment is well-positioned to grow in value while generating a modest yield, making it a favorable addition to a long-term portfolio. Not ideal for student housing The location and characteristics of the property do not support a profitable student housing strategy, given the lower scores in tenant quality and neighborhood dynamics that cater more to short-term and long-term rentals than to a student demographic. Additionally, resources and amenities in the area appear less conducive to sustaining a vibrant student community. Not ideal for luxury market This Almancil apartment would not perform well in the luxury market segment due to its condition score of 64/100 and a neighborhood score of 62/100, which may deter high-end buyers or renters seeking premium offerings. The overall investment appeal leans more towards value-oriented strategies rather than luxury positioning.
Economic Volatility Risk The economic stability score of 55 indicates potential for fluctuations in the local economy, which could impact rental income and property value. Tenant Turnover Risk With a tenant stability score of 60, there may be a moderate risk of tenant turnover that could lead to vacancies and additional costs associated with re-leasing the property.
