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, 2-bathroom apartment of 144 m², built in 2023, energy rating A. Located on avenida José dos Santos Farias, 82, Almancil parish, Loulé municipality, Faro district. Noteworthy Features: The apartment boasts a spacious terrace with exceptional sun exposure, perfect for outdoor gatherings, enhancing the living experience in this prime location near Algarve's best beaches.
The valuation. The asking price of €375,000 is significantly below fair value, which stands at €861,543, indicating a difference of €486,543 (129.7%). Verdict: underpriced. Buy-to-flip angle. The strategy involves acquiring the property at a low cost, enhancing its appeal through upgrades, and reselling it to capitalize on the substantial equity potential. Buy-to-let angle. With an estimated gross yield of 5.6% and projected rental income of €1,750/month, the apartment serves as an attractive option for long-term rental or vacation rental, leveraging the area's strong tourism demand.
Fair value modelled at €861,543 from the area baseline, adjusted for condition and location. Asking €375,000 sits €486,543 (129.7%) below — the upside to fair value.
Asking €375,000 versus the avenida José dos Santos Farias, 82 area baseline of €812,592 (€5,643/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 75 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 63/100 (Housing Market 70 · Amenities 65 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
avenida José dos Santos Farias, 82
Area baseline €812,592 + condition +€12,150 + location +€41,985 = modelled fair value of €861,543 (€5,983/m²), a €486,543 (129.7%) gap versus the €375,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida José dos Santos Farias, 82 | Subject | €375,000 | €2,604 | — | 75 | 63 |
| Almancil · cfde5b | Active | €420,000 | €3,889 | 49.3% | 75 | 74 |
| avenida José dos Santos Farias | Active | €427,500 | €3,717 | 42.7% | 80 | 70 |
| Almancil · 96c4f9 | Active | €479,000 | €2,737 | 5.1% | 75 | 64 |
| avenida José dos Santos Farias | Active | €530,000 | €2,087 | 19.9% | 75 | 73 |
| Median comp | €453,250 | €3,227 | 23.9% | 75 | 72 |
Short-term vacation rental Given the significant impact of tourism on housing demand in Almancil, this 2-bed apartment offers a strong opportunity for short-term vacation rentals, capitalizing on the local tourist influx. With a gross yield of 5.6% and a fair value significantly above the listing price, this strategy positions investors to benefit from seasonal rental income. Long-term rental The long-term rental market in Almancil remains robust, particularly as housing demand is influenced by seasonal tourism trends. With a fair value of €861,543 compared to the listing of €375,000, leasing this apartment out long-term could yield steady cash flow and potential appreciation. Value-add renovation Investing in value-add renovations can enhance the overall appeal and rental revenue of this property, given its current condition rating of 80/100. With a fair value gap of 129.7%, strategic upgrades can significantly increase its market value and rental potential in the highly sought-after Almancil area.
Economic and Tenant Instability With both economic stability and tenant stability scores at 60/100, there is a significant risk of fluctuating rental income and potential vacancy periods.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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