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 apartment of 85 m², built in 1941, energy rating E. Located Loulé (São Clemente) parish, Loulé municipality, Faro district. Noteworthy Feature: The property offers a sizable 70 m² rooftop, providing excellent potential for expansion or outdoor entertainment, alongside the convenience of a ground floor service bathroom.
The valuation. The asking price of €850,000 is significantly above the fair value of €313,758, presenting a discrepancy of €536,242 (63.1%), thus categorizing the property as overpriced.
Fair value modelled at €313,758 from the area baseline, adjusted for condition and location. Asking €850,000 sits €536,242 (63.1%) above — overpriced versus fair value.
Asking €850,000 versus the Loulé (São Clemente), Loulé, Faro area baseline of €305,745 (€3,597/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 (Condition 70 · Materials 75 · Room dimensions 66). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 66/100 (Housing Market 70 · Amenities 60 · Economic 58 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Loulé (São Clemente), Loulé, Faro
Area baseline €305,745 + condition -€11,555 + location +€19,568 = modelled fair value of €313,758 (€3,691/m²), a €536,242 (63.1%) gap versus the €850,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Loulé (São Clemente) · 4a8021 | Subject | €850,000 | €10,000 | — | 70 | 66 |
| Loulé (São Clemente) · 6d5275 | Active | €650,000 | €8,228 | 17.7% | 70 | 76 |
| praceta Nascimento Fernandes, 3 | Active | €340,000 | €3,953 | 60.5% | 72 | 66 |
| Loulé (São Clemente) · 0019a8 | Active | €295,000 | €4,214 | 57.9% | 68 | 64 |
| Loulé (São Clemente) · 4a818a | Active | €380,000 | €4,471 | 55.3% | 70 | 67 |
| Median comp | €360,000 | €4,343 | 56.6% | 70 | 67 |
Long-term rental The property presents a gross yield of 1.6%, which is below the average returns sought in a competitive rental market. With a fair value of €313,758 and a listing price over 63% higher, it is clear that this investment is overpriced and may not attract long-term tenants effectively. Short-term vacation rental Given the prime location in the Algarve, tourism may drive potential short-term rental demand; however, the current price significantly exceeds fair value. The gross yield of 1.6% signals that the property is overpriced, making it a less appealing choice for vacation rental investors. Family rental The flat's condition and neighborhood ratings both sitting at 66/100 indicate moderate appeal for family rentals, but the high listing price undermines its viability. As it sits 63.1% above the fair value, the property is overpriced, posing a risk to attracting suitable long-term family tenants.
Tenant turnover risk With a tenant stability score of 70/100, there is a moderate risk of tenant turnover affecting cash flow and occupancy rates.
