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 86 m², built in 2006, energy rating C. Located on praceta Nascimento Fernandes, 3, Loulé (São Clemente) parish, Loulé municipality, Faro district. Noteworthy Features: This apartment includes cutting-edge technological solutions such as an integrated alarm system and centralized electric blinds for enhanced security and convenience.
The valuation. The asking price of €340,000 is €9,113 (2.7%) above the fair value of €330,887, indicating that the property is overpriced in the current market. A more competitive price could attract potential buyers more effectively.
Fair value modelled at €330,887 from the area baseline, adjusted for condition and location. Asking €340,000 sits €9,113 (2.7%) above — overpriced versus fair value.
Asking €340,000 versus the praceta Nascimento Fernandes, 3 area baseline of €265,568 (€3,088/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 80 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 66/100 (Housing Market 70 · Amenities 65 · Economic 55 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
praceta Nascimento Fernandes, 3
Area baseline €265,568 + condition +€1,747 + location +€19,798 = modelled fair value of €330,887 (€3,848/m²), a €9,113 (2.7%) gap versus the €340,000 asking price.
Short-term vacation rental This property is overpriced at €340,000, with a fair value of €330,887 reflecting a modest 2.7% gap. Given its gross yield of 3.7% and varying demand driven by tourism, it may struggle to deliver desired returns in this highly competitive market. Long-term rental With a fair value of €330,887 and a gross yield of 3.7%, this property is overpriced at €340,000, positioning it unfavorably for long-term rental perspectives. The reliance on tourism for local employment may impact occupancy rates and tenant stability over time. Buy-and-hold The asking price of €340,000 places this property above its fair value of €330,887, suggesting it is overpriced for a buy-and-hold strategy. Its moderate condition score of 76 out of 100 and mixed neighborhood quality could impede long-term appreciation potential, especially in a tourism-dependent market.
Economic Vulnerability The economic stability score of 55 suggests a heightened risk, indicating potential fluctuations in income and expenses that could affect overall investment returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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