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 164 m², energy rating D. Located on rua Alberto Iria, 1, Loulé (São Clemente) parish, Loulé municipality, Faro district. Noteworthy Features: This apartment boasts four balconies, providing multiple areas for outdoor enjoyment, and has a fireplace with a heat recovery system for increased energy efficiency.
The valuation. The asking price of €421,000 is significantly below the fair value of €848,054, representing a 101.4% comparison. This indicates the property is underpriced for its market potential.
Fair value modelled at €638,222 from the area baseline, adjusted for condition and location. Asking €421,000 sits €217,222 (51.6%) below — the upside to fair value.
Asking €421,000 versus the rua Alberto Iria, 1 area baseline of €589,908 (€3,597/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 74 · Materials 80 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 67/100 (Housing Market 70 · Amenities 75 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua Alberto Iria, 1
Area baseline €589,908 + condition +€8,200 + location +€40,114 = modelled fair value of €638,222 (€3,892/m²), a €217,222 (51.6%) gap versus the €421,000 asking price.
Short-term vacation rental This property presents an exceptional opportunity for short-term vacation rental investment, as it is significantly undervalued compared to its fair market value. With a favorable gross yield of 4.1% and the Loulé area’s appeal due to proximity to Algarve coastal amenities, the potential for strong rental demand is promising. Long-term rental Investing in this apartment for long-term rental purposes is strategically sound, given that it is realistically priced below its fair market value. The condition score of 78/100, combined with the region's general safety reputation, enhances its attractiveness to quality tenants seeking stable housing. Buy-and-hold The buy-and-hold strategy is particularly advantageous here, as this property is currently subvalued and presents significant appreciation potential over time. The neighborhood's moderate tenant quality rating of 67/100 suggests a resilient housing market, making it a reliable choice for long-term capital growth.
Tenant turnover risk With a tenant stability score of 65/100, there is a moderate risk of increased tenant turnover, potentially leading to higher vacancy rates and associated costs.
