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.
6-bedroom, 6-bathroom house of 546 m², built in 1999, energy rating A. Located on rua Cristóvão Pires Norte, 601, Almancil parish, Loulé municipality, Faro district. This property features a state-of-the-art smart home system that integrates lighting, security, and heating, offering unparalleled convenience and modern living.
The valuation. The asking price of €1,995,000 is significantly lower than the fair value of €3,448,060, indicating this property is underpriced by €1,453,060 (72.8%). Buy-to-flip angle. A resale strategy could capitalize on the attractive pricing in the Algarve by targeting luxury vacation buyers looking for high-end properties. Buy-to-let angle. With an estimated gross yield of 5.6%, this property presents a robust rental income opportunity, generating approximately €9,310 monthly through short-term or long-term rentals.
Fair value modelled at €3,448,060 from the area baseline, adjusted for condition and location. Asking €1,995,000 sits €1,453,060 (72.8%) below — the upside to fair value.
Asking €1,995,000 versus the rua Cristóvão Pires Norte, 601 area baseline of €3,061,422 (€5,607/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 87/100 (Condition 84 · Materials 90 · Room dimensions 85). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 76/100 (Housing Market 80 · Amenities 80 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Cristóvão Pires Norte, 601
Area baseline €3,061,422 + condition +€68,250 + location +€318,388 = modelled fair value of €3,448,060 (€6,315/m²), a €1,453,060 (72.8%) gap versus the €1,995,000 asking price.
Short-term vacation rental The property in Almancil presents a prime opportunity for short-term vacation rentals, having a fair value of €3,448,060, which indicates it is 72.8% underpriced at the listing price of €1,995,000. Additionally, with a solid gross yield of 5.6% and high interest from tourists in the Algarve region, this strategy could yield strong financial returns. Long-term rental With a fair value of €3,448,060, the current listing price represents a significant 72.8% underpricing, making it an attractive option for long-term rental investments. The relatively high condition score of 87/100, combined with the neighborhood rating of 76/100, supports the feasibility of securing reliable tenants. Buy-and-hold This property is positioned favorably for a buy-and-hold strategy due to its fair value that outstrips the listing price by 72.8%, indicating a substantial investment potential. The property’s prime location in a tourism-driven area along with its good condition and neighborhood quality make it a solid asset for long-term appreciation.
Potential Economic Downturn The economic stability score of 70/100 indicates there's a moderate risk of economic downturn, which could impact tenant demand and rental income.