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, 1-bathroom apartment of 120 m², built in 2002. Located on rua Engenheiro Duarte Pacheco, 28, Loulé (São Clemente) parish, Loulé municipality, Faro district. This well-maintained apartment features a generous balcony that provides stunning views over the urban landscape, enhancing outdoor living space in a vibrant central location.
The valuation. The asking price of €350,000 sits well below the estimated fair value of €470,148, representing a significant discount of €120,148 (34.3%). This positions the property as an attractive investment opportunity.
Fair value modelled at €470,148 from the area baseline, adjusted for condition and location. Asking €350,000 sits €120,148 (34.3%) below — the upside to fair value.
Asking €350,000 versus the rua Engenheiro Duarte Pacheco, 28 area baseline of €370,560 (€3,088/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 70 · Materials 78 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Engenheiro Duarte Pacheco, 28
Area baseline €370,560 + condition +€2,250 + location +€36,258 = modelled fair value of €470,148 (€3,918/m²), a €120,148 (34.3%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Engenheiro Duarte Pacheco, 28 | Subject | €350,000 | €2,917 | — | 70 | 71 |
| rua Emiliano da Costa, 9 | Active | €380,000 | €3,455 | 18.4% | 69 | 62 |
| Loulé (São Clemente) · 7354c1 | Active | €835,000 | €4,014 | 37.6% | 72 | 68 |
| rua Alberto Iria, 2 | Active | €421,000 | €2,567 | 12.0% | 70 | 65 |
| Loulé (São Clemente) · 25f6e5 | Active | €315,000 | €3,088 | 5.9% | 80 | 61 |
| Median comp | €400,500 | €3,272 | 12.2% | 71 | 64 |
Short-term vacation rental This property, located in a prime tourist area of Algarve, offers significant potential as a short-term vacation rental due to its favorable gap of 34.3% from fair value. With a gross yield of 4% and a well-rated condition of 76/100, it can attract tourists looking for high-quality accommodations. Buy-and-hold The 3-bed apartment represents an attractive buy-and-hold investment opportunity, given its underpriced status with a fair value of €470,148 compared to its listing at €350,000. The continued growth of Algarve's tourism market ensures that rental demand will remain strong, supporting long-term appreciation. Family rental Targeting families seeking rental housing in Loulé, this apartment's reasonable pricing and spacious layout position it favorably in the market. The positive neighborhood and stable economic conditions further enhance its appeal to long-term tenants, despite its current valuation being 34.3% below the fair value.
Tenant turnover risk With a tenant stability score of 70/100, there is a moderate risk of increased turnover, which could lead to potential vacancy loss and associated costs in maintaining the property and attracting new tenants.
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