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. Noteworthy Features: The property boasts a state-of-the-art home automation system and a landscaped garden with an infinity pool, emphasizing luxury and modern living.
The valuation. The asking price of €1,995,000 sits 63.6% below the fair value of €3,264,375. This property is underpriced, presenting a compelling opportunity for savvy investors.
Fair value modelled at €3,264,375 from the area baseline, adjusted for condition and location. Asking €1,995,000 sits €1,269,375 (63.6%) 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 85 · Materials 90 · Room dimensions 84). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 61/100 (Housing Market 70 · Amenities 60 · Economic 55 · Tenant Quality 60). 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 +€134,703 = modelled fair value of €3,264,375 (€5,979/m²), a €1,269,375 (63.6%) gap versus the €1,995,000 asking price.
Short-term vacation rental This property is strategically located in a popular Algarve area, making it ideal for short-term vacation rentals where demand is expected to remain strong. With a significant price gap of 63.6% between the listing and fair value, this investment can yield a gross rental return of 5.6%. Buy-and-hold Investing in this 6-bed house presents a solid long-term opportunity, supported by a fair value significantly exceeding the listing price. The property's condition rating of 87/100 suggests it will sustain its appeal, contributing to stable appreciation in the vibrant Almancil area. Family rental With ample space and suitable amenities, this property fits the criteria for family rentals, especially given the favourable fair value assessment. The combination of an attractive yield and appropriate conditions makes it a compelling choice for families seeking quality housing in a tourism-friendly neighbourhood.
Economic and Tenant Risk The property faces potential instability due to an economic score of 55/100 and a tenant stability score of 60/100, indicating a moderate risk in attracting and retaining tenants efficiently.
