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, 2, Loulé (São Clemente) parish, Loulé municipality, Faro district. This apartment features three private balconies, enhancing outdoor living, and offers basement parking for convenience in a region known for its beautiful Algarve beaches and vibrant amenities.
The valuation. The asking price of €421,000 sits significantly below the fair value of €607,365, creating an opportunity as it is underpriced by €186,365 (44.3%). This discrepancy suggests strong potential for appreciation.
Fair value modelled at €607,365 from the area baseline, adjusted for condition and location. Asking €421,000 sits €186,365 (44.3%) below — the upside to fair value.
Asking €421,000 versus the rua Alberto Iria, 2 area baseline of €506,432 (€3,088/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 70 · Materials 75 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 65/100 (Housing Market 70 · Amenities 65 · Economic 60 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Alberto Iria, 2
Area baseline €506,432 + condition -€17,938 + location +€35,394 = modelled fair value of €607,365 (€3,703/m²), a €186,365 (44.3%) gap versus the €421,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Alberto Iria, 2 | Subject | €421,000 | €2,567 | — | 70 | 65 |
| rua Emiliano da Costa, 9 | Active | €380,000 | €3,455 | 34.6% | 69 | 62 |
| praceta Tossan S / N | Active | €365,000 | €3,650 | 42.2% | 58 | 64 |
| Loulé (São Clemente) · 1e64c8 | Active | €421,000 | €2,379 | 7.3% | 75 | 60 |
| Loulé (São Clemente) · 82c803 | Active | €450,000 | €3,879 | 51.1% | 72 | 60 |
| Median comp | €400,500 | €3,553 | 38.4% | 71 | 61 |
Short-term vacation rental This 3-bed apartment in Loulé offers an appealing 4.1% gross yield, positioning it well for the short-term vacation rental market, especially given its proximity to the Algarve, a significant tourist hub. With a notable 44.3% gap below its fair value of €607,365, this property presents a valuable opportunity in a high-demand area. Buy-and-hold Investors can benefit from a buy-and-hold strategy with this property due to its current listing price of €421,000, which is considerably below the fair market value. As the housing demand in Loulé increases due to its tourism appeal, the potential for significant appreciation is evident, backed by a fair value that exceeds listing by 44.3%. Family rental The apartment's spacious 164m² layout is ideal for family rental, and with a neighborhood score of 65/100, it offers a reasonable living environment for tenants. The substantial gap between the purchase price and fair value signals potential for long-term financial gain, making it an attractive option for families seeking rental stability.
Economic Vulnerability The property has a moderate economic stability score of 60/100, indicating potential susceptibility to economic downturns that could affect rental income.
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