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 villa of 273 m², built in 2002, energy rating C. Located on rua Cristóvão Pires Norte, Almancil parish, Loulé municipality, Faro district. Noteworthy Features: The villa's commitment to sustainability includes advanced photovoltaic solar panels and a heated saltwater pool, enhancing both energy efficiency and year-round enjoyment outdoors.
The valuation. The asking price of €1,995,000 surpasses the fair value of €1,705,661 by €289,339, translating to an overpricing of 14.5%. This property is not a good investment based on current valuation metrics.
Fair value modelled at €1,705,661 from the area baseline, adjusted for condition and location. Asking €1,995,000 sits €289,339 (14.5%) above — overpriced versus fair value.
Asking €1,995,000 versus the rua Cristóvão Pires Norte area baseline of €1,530,711 (€5,607/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 82 · Materials 88 · Room dimensions 84). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 80 · Economic 65 · Tenant Quality 68). Strong amenities and housing-market momentum support a premium to baseline.
rua Cristóvão Pires Norte
Area baseline €1,530,711 + condition +€34,125 + location +€140,825 = modelled fair value of €1,705,661 (€6,248/m²), a €289,339 (14.5%) gap versus the €1,995,000 asking price.
Short-term vacation rental The property is overpriced at €1,995,000, with a fair value of €1,705,661, creating a notable gap of 14.5%. Despite being in a tourism-driven economy in Algarve, the gross yield of 2.4% suggests that the property may not perform well as a vacation rental investment. Buy-and-hold At a listing price of €1,995,000, the villa's valuation exceeds its fair value by 14.5%, signaling that it is overpriced. With a gross yield of just 2.4%, the income potential does not justify the elevated entry cost for buy-and-hold strategies. Value-add renovation Although investing in renovations could enhance value, the current listing price of €1,995,000 indicates that the property is overpriced relative to its fair value of €1,705,661. Any potential return from renovations must overcome the existing 14.5% gap, making it a challenging investment proposition.
Economic Vulnerability The economic stability score of 65/100 indicates a moderate risk that broader economic downturns could adversely affect tenant retention and property value.