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, 1-bathroom house of 93 m², energy rating F. Located Almancil parish, Loulé municipality, Faro district. Noteworthy Features: The property includes a sizable garden with dual access points, enhancing potential landscape design and outdoor living opportunities, along with a functional cistern for water collection.
The valuation. The asking price of €190,000 is significantly below the fair value of €389,332, representing a difference of €199,332 (104.9%). This property is thus considered underpriced. Buy-to-flip angle. A resale strategy could capitalize on the property's location in Algarve and its current state, potentially targeting a buyer willing to invest in renovations to upgrade the space. Buy-to-let angle. With an estimated gross yield of 11.4%, generating roughly €1,805/month, this 3-bed house presents a sound buy-and-hold investment option, particularly appealing for short-term vacation rentals in the tourist-centric area.
Fair value modelled at €467,567 from the area baseline, adjusted for condition and location. Asking €190,000 sits €277,567 (146.1%) below — the upside to fair value.
Asking €190,000 versus the Almancil, Loulé, Faro area baseline of €521,451 (€5,607/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 25/100 (Condition 20 · Materials 25 · Room dimensions 35). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 59/100 (Housing Market 60 · Amenities 60 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Almancil, Loulé, Faro
Area baseline €521,451 + condition -€72,656 + location +€18,772 = modelled fair value of €467,567 (€5,028/m²), a €277,567 (146.1%) gap versus the €190,000 asking price.
Short-term vacation rental The property in Almancil presents a compelling short-term vacation rental opportunity, given its gross yield of 11.4%, which is exceptional for the Algarve market. While condition and neighbourhood ratings may not be ideal, the significant gap of 104.9% against fair value suggests strong potential for appreciation and profitability as a rental asset. Buy-and-hold With a fair value of €389,332 compared to the listing price of €190,000, this property represents an attractive buy-and-hold investment that could benefit from the rising tourism demand in the Algarve area. The property’s yield of 11.4% further enhances its appeal, making it a viable long-term asset in the real estate market. Long-term rental This 3-bed house offers a high gross yield of 11.4%, despite the lower condition rating of 25/100 and a neighbourhood score of 59/100. The substantial gap above fair value indicates a strong likelihood of increased long-term rental demand, further establishing it as a practical investment option in the region.
Tenant instability risk With a tenant stability score of 60/100, there may be significant fluctuations in rental income due to potential tenant turnover.
